Current SHIB Price: $0.000017694 (+2.37%)
Real-Time SHIB Market Data
Shiba Inu's price stands at $0.000017694, with a 24-hour increase of 2.38%. Key metrics:
- Market Cap: $10.428 billion (Rank #12)
- Circulating Supply: 589.26 trillion SHIB
- Max Supply: 999.98 trillion SHIB
SHIB Price Performance (USD)
| Period | Change | % Change |
|---|---|---|
| Today | +$0.000000411 | +2.37% |
| 7 Days | Flat | -6.11% |
| 30 Days | -$0.00001 | -27.58% |
| 3 Months | -$0.00001 | -44.75% |
Market Insights
- 24-Hour Range: $0.000017058 (Low) – $0.000018233 (High)
- All-Time High: $0.000088870 (-80.10% from ATH, Oct 2021)
- All-Time Low: $0.0000047590 (+271.80% since June 2023)
Why Is SHIB Rising?
1. Meme Coin Sector Rally
- Sector-wide growth (~4.15%) fueled investor interest.
- Competitors like Dogecoin and Pepe Coin also gained.
2. Token Burns
- Recent burns spiked 6,000%, reducing supply.
- 110.7 million SHIB burned in 24 hours (12% rate increase).
3. Community Developments
- Web3 launch of Shiba Eternity game (Q3 2024).
- Revenue to enhance SHIB/LEASH burn mechanisms.
Will the Rally Continue?
- RSI at 31 (Oversold territory), suggesting potential rebound.
- Open Interest Up 1.32% ($35.66M), indicating bullish sentiment.
- Key Resistance: $0.00001968** – **$0.00002512.
- Support Levels: $0.00001627** – **$0.00002083.
👉 Explore SHIB trading strategies
FAQ Section
Q: What drives SHIB’s price?
A: Factors include meme coin trends, token burns, and ecosystem updates like Shibarium integrations.
Q: Is now a good time to buy SHIB?
A: With RSI low and burns increasing, some analysts see accumulation opportunities—but monitor resistance levels.
Q: How does SHIB compare to Dogecoin?
A: Both are meme coins, but SHIB focuses on utility via burns and L2 solutions like Shibarium.