Shiba Inu (CRYPTO: SHIB)
Shiba Inu Return vs. S&P
| 1 Year | 5 Year | 5 Year Annualized | Since IPO |
|---|
Shiba Inu Company Info
Shiba Inu (SHIB) is a memecoin and Ethereum-based cryptocurrency that was launched as a community project in 2020 by an anonymous individual or group called Ryoshi. It features a Shiba Inu dog as its mascot and has a circulating supply of one quadrillion tokens. The Shiba Inu ecosystem includes SHIB, the native token; Leash (LEASH), the native currency of the Shiba Inu decentralized exchange (ShibaSwap); and Bone (BONE), the governance token. The ecosystem also includes ShibaSwap, non-fungible tokens (NFTs), an upcoming Metaverse, play-to-earn games, and a decentralized autonomous organization (DAO) called the DoggyDAO. SHIB was created as an experiment in decentralized spontaneous community building and has over one million holders on the Ethereum network. It differs from Dogecoin in that it is built on top of the Ethereum blockchain and has a number of tokens and applications surrounding it that do not support DOGE.
News & Analysis
When Is the Best Time to Buy Cryptocurrency?
Timing a crypto buy can be very challenging, but there are some trends that seem to be fairly common in crypto markets.
Bitcoin Is Up 53% This Year, But This Cryptocurrency Is Doing Even Better
This meme token is a shadow of its former self, but it's still outperforming the world's biggest cryptocurrency in 2024.
Can Shiba Inu Reach $0.01?
The speculative token currently trades way off its all-time high.
What Is the Next Cryptocurrency to Explode in 2024?
Check out all the cryptocurrencies that could be set for big gains this year.
Should You Buy Shiba Inu While It's Trading Under $0.0001?
Shiba Inu delivered one of the greatest returns in the history of financial markets during 2021.
Could Investing $100 in Shiba Inu Make You a Millionaire?
Supporters want previous gains to repeat.
Can Shiba Inu Reach $0.01?
This meme token might draw the attention of risk-seeking speculators.
Can Shiba Inu Reach $1? Yes, but It Could Take 173,308 Years! Here's Why
A move to $1 doesn't mean Shiba Inu investors will actually make money.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.