All coins

Shiba Inu

SHIB
MemeLaunched 2020
Max Supply
589.5T
Circulating
589.2T
Launched
2020
Minute-Level Data From
2022-12-28

What it does

Shiba Inu is an Ethereum-based ERC-20 meme token that grew into a broader ecosystem with its own DEX (ShibaSwap), Layer 2 network (Shibarium), and multi-token economy (SHIB, LEASH, BONE). It began as a community-driven experiment and 'Dogecoin killer' but evolved into a project with DeFi and payment utility. SHIB is used for transactions, staking, and within its expanding ecosystem.

How it works

SHIB is an ERC-20 token on Ethereum, meaning it relies on Ethereum's PoS consensus for security. The original supply was 1 quadrillion tokens; the founder sent 50% to Vitalik Buterin, who burned ~90% of what he received. A continuous burn mechanism reduces supply over time: Shibarium's L2 network uses 70% of transaction fees for SHIB burns. ShibaSwap allows SHIB holders to stake and earn rewards, while Shibarium reduces transaction fees by handling transactions off the Ethereum mainnet and settling proofs on-chain.

πŸ“ˆ

Is RSI meaningful for SHIB?

Test RSI-based strategies on Shiba Inu with real historical data.

Try it β†’

Problem it solves

Shiba Inu started as a meme but addresses the desire for a community-owned, decentralized token with no pre-sale or VC allocation. The expanding ecosystem (Shibarium, ShibaSwap) attempts to build real utility around the token. The burn mechanism is designed to gradually counteract the enormous initial supply and create scarcity over time.

Key Differentiator

The largest meme coin by market cap built on Ethereum, with an expanding ecosystem (Shibarium L2, ShibaSwap DEX) and an aggressive ongoing burn mechanism that has already eliminated ~41% of the original 1 quadrillion supply.

Tokenomics

Supply Model
Deflationary (ongoing burn via Shibarium fees and community initiatives)
Staking
ShibaSwap: stake SHIB to earn BONE rewards; Shibarium validator staking with BONE
Burn Mechanism
70% of Shibarium transaction fees converted to SHIB burns; community burn portals; ~41% of original supply already burned
πŸ”€

Combine RSI, MACD, Bollinger & Volume β€” find direction

Use multiple indicators together to build complex entry conditions for SHIB.

Try it β†’

Ecosystem

Chain: Ethereum (ERC-20 token) with Shibarium Layer 2
Depends on: Ethereum gas prices, Shibarium adoption, SHIB burn rate, community sentiment, memecoin market cycles
Influences: Meme coin sector, dog-themed token prices, retail crypto sentiment

Similar Projects

Sources

πŸ§ͺ

Backtest before you trade

Don’t guess β€” test your SHIB strategy against years of minute-level data.

Try it β†’

Backtest Shiba Inu with real historical data

Build and test trading strategies using Shiba Inu's minute-level data from 2022-12-28 to present.

Supply figures and project details are approximate and may not reflect the latest changes. Always verify from official sources before making decisions. This information is for educational purposes only β€” not financial advice.