Shiba Inu Return vs. S&P
1 Year | 5 Year | 5 Year Annualized | Since IPO | |
---|---|---|---|---|
SHIB | +86.48% | +114% | ||
S&P | +25.26% | +86.07% | +13.22% | +32% |
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
The Fool has written over 500 articles on Shiba Inu.
Featured Article
Could Investing $100 in Shiba Inu Make You a Millionaire?
Supporters want previous gains to repeat.
Neil Patel|Sep 7, 2024
Featured Article
Can Shiba Inu Reach $0.01?
This meme token might draw the attention of risk-seeking speculators.
Neil Patel|Aug 31, 2024
What Is the Next Cryptocurrency to Explode in 2024?
Lyle Daly|Aug 26, 2024
Check out all the cryptocurrencies that could be set for big gains this year.
Can Shiba Inu Reach $1? Yes, but It Could Take 173,308 Years! Here's Why
Anthony Di Pizio|Aug 1, 2024
A move to $1 doesn't mean Shiba Inu investors will actually make money.
Is Shiba Inu a Good Buy While It Trades Below $0.01?
Adam Spatacco|Jul 27, 2024
Shiba Inu may look tempting for some investors as the coin trades below a penny.
Should You Buy Shiba Inu While It's Worth Less Than $0.01?
Leo Sun|Jul 16, 2024
The canine-themed cryptocurrency still needs to carve out a defensible niche.
Down 64% From Its High, Is Now the Perfect Time to Buy Shiba Inu?
David Jagielski|Jul 14, 2024
The meme coin's high volatility means it may not take much of a catalyst to start it surging in value again.
Why Altcoins Like Cardano and Shiba Inu Rocketed Higher This Week
Eric Volkman|Jul 12, 2024
What's bad for inflation is good for digital coins and tokens.