
April 11th, 2025
Explore the latest Shiba Inu (SHIB) news. Stay updated on market updates and the most recent developments in the Shiba Inu ecosystem.
Shiba Inu has torched more than 115 million SHIB in its sustained deflationary push, a positive shift that is yet to impact the memecoin’s price.
Shiba Inu price is in the spotlight as showcased by the more than 1 billion transaction milestone registered by Shibarium.
Shiba Inu (SHIB) burn rate shot up a whopping 1,300% in the past 24 hours with 17 million tokens being removed from supply.
Shiba Inu burn rate jumps 8,400% as SHIB price increases by 15%, eyeing entry into the top 10 digital assets.
A move above $0.00001570 is crucial for bullish momentum for Shiba Inu, while $0.00001350 is an important support level.
Shiba Inu (SHIB) has slumped below its key $0.000015 support, dropping 5% in a day as its burn rate plunges.
SHIB experiences significant market downturn amid declining whale activity, while its layer-2 solution Shibarium shows promising growth in TVL.
What initially appeared as a major SHIB whale transfer was later identified as an internal liquidity movement by Kraken.
The Relative Strength Index (RSI) for the Shiba Inu (SHIB) price action reads a value of 24.94, which means that the bears are now in control of the altcoin’s price action.
Shiba Inu (SHIB) ecosystem witnessed the burn of 1 billion tokens amid the celebration of the debut of ShibTorch V2.
Shiba Inu (SHIB) price dropped by more than 7.7% in the past 24 hours and a further decline could put the meme coin at the risk of a death cross.
Shiba Inu (SHIB) crashed by more than 11% in the past 24 hours, losing a crucial support zone between $0.0000185 and $0.0000212 and trades at $0.00001765.
The Shiba Inu community celebrated a 600% surge in its burn rate, fueling optimism for price appreciation.
Mark Cuban recognizes the community-driven success of SHIB, while its developer underscores the token’s commitment to long-term value creation.
Amid the rising market, Shiba Inu hit the reverse gear with a range breakdown. Will the SHIB prices drop 25% amid rising sell-off?
Shiba Inu (SHIB) is a meme coin introduced in August 2020 by the anonymous creator ‘Ryoshi.’ Positioned as a rival to Dogecoin (DOGE), SHIB has earned the nickname “Dogecoin killer.” Unlike Dogecoin, SHIB operates as an ERC-20 token on the Ethereum blockchain, offering enhanced security and decentralized governance. The Shiba Inu ecosystem features additional tokens, such as BONE and LEASH, the ShibaSwap decentralized exchange, the Shiboshis NFT collection, and SHIB the Metaverse, where users can interact, earn rewards, and develop projects.
Since SHIB is built on Ethereum, it takes advantage of smart contract functionality and decentralized applications (dApps), setting it apart from other meme coins. Instead of being mined through proof-of-work algorithms like Bitcoin, SHIB can be obtained by mining tokens like Ether and exchanging them for SHIB. Platforms like UnMineable further simplify this process by automatically swapping mined tokens for SHIB. The ecosystem operates on a proof-of-stake consensus, rewarding validators with LEASH tokens, which further bolsters the Shiba Inu network.
To learn everything you need to know about this popular meme coin, explore our “Introduction to Shiba Inu (SHIB)” guide.
It’s important to acknowledge the speculative and frequently volatile nature of meme coins. Despite their influence on the cryptocurrency market is significant and impossible to overlook, many lack inherent value or strong fundamentals. With that, numerous analysts view Shiba Inu as a worthwhile investment, largely due to investor risk tolerance and the strong backing from its dedicated Shib Army community, which plays a vital role in its ongoing support and momentum.
As per analytical resources, SHIB price could reach $ 0.00007488 in 2025 and, looking further ahead, trade at $ 0.00006398 somewhere closer to 2030.
SHIB circulating supply makes 589.26T coins while a max supply is set at 999.98T SHIB.
It seems not, as to secure the price of 1$, SHIB token has to boast a whooping $589T market cap, which is quite not feasible (JFYI Bitcoin market cap makes a bit above $1T).