What is SHIBA INU (SHIB)?

Shiba Inu, with its ticker SHIB, was created as a Dogecoin equivalent on the Ethereum blockchain. Created by the anonymous Ryoshi in late 2020, the coin gained popularity as Elon Musk’s tweet about the fellow meme-coin Dogecoin drove attention to dog-themed cryptocurrencies. It has been riding that wave of investor enthusiasm and speculation ever since, exploding in value. Despite its origins as a meme coin, it’s now much more usable through the Shiba Inu ecosystem, including the DEX ShibaSwap.
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SHIB
No value0% last 7 days
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Cryptohunt's Opinion

Our take on SHIBA INU

We’re actually big fans of Shiba Inu. Why? Despite its origins as a meme coin, #ShibaArmy has taken a fun, but not very usable token and built an entire ecosystem around $SHIB. ShibaSwap and the upcoming Shiba Metaverse are direct results of the (very active) Shiba community coming together. While we’d like to see the messaging around SHIB be more focused on the growing utility that it’s grown into, we wish more meme tokens took Shiba Inu’s lead and focused on combining their fun origins with usable applications.
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Written by Learn.xyz
What are memecoins?
Beginner
19 min
4 lessons
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Listen to "Is there anything special about Shiba Inu?"
Learn about hypecoin Shiba Inu: Does it have any real functional value or is it just speculative? · 1 mins
What makes SHIBA INU special?
SHIBA INU is a powered by, uses to validate transactions, and is. SHIBA INU does not support.

Interesting facts about SHIBA INU

Here are some facts you may not already know about SHIBA INU. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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The creators used a lot of viral marketing tricks, such as sending a massive amount of SHIB to Vitalik Buterin, the famous Ethereum founder.

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The coin is a meme coin that was successful at tapping into the Dogecoin hype.

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Shiba Inu was named after the dog breed that is also featured in Dogecoin's logo.

SHIBA INU reviews from the Learn.xyz community

Dive deeper into the different opinions about SHIBA INU and learn how others feels about it.
SHIBA INU
Positive review
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0xBrettH
9 mo. ago

Unlike its predecessor and inspiration, Dogecoin, the Shiba Inu community has taken it upon themselves to build an ecosystem that either uses $SHIB or proceeds from $SHIB sales to fund the development of a metaverse, video/mobile games, its own DEX, and more. Despite its memecoin status, Shiba Inu has evolved from a derpy-doge to a determined doggo that's providing much more real-world value than other memecoins out there.

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SHIBA INU
Positive review
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mrf
9 mo. ago

With their expansion into different markets and the creation of their metaverse, I’m taking the risk that they might stumble onto something valuable and turn the coin around.

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SHIBA INU
Negative review
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Alex
11 mo. ago

Takes advantage of the fact that popular in public Elon Musk has got a Shiba Inu dog and posts pictures of him (Floki) from time to time.

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SHIBA INU price and insights

See how much SHIBA INU is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
Based on 3 community reviews
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
149,451
8% of them are active
# Telegram members
-
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like SHIBA INU, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
149,451
# Active Discord members
12,297
# Telegram members
-
# Active Telegram members
-

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