Shiba Inu - SHIB - Stock Price & News | The Motley Fool (2024)

Table of Contents

Shiba Inu Return vs. S&P Shiba Inu Company Info News & Analysis Could Investing $100 in Shiba Inu Make You a Millionaire? Can Shiba Inu Reach $0.01? What Is the Next Cryptocurrency to Explode in 2024? Can Shiba Inu Reach $1? Yes, but It Could Take 173,308 Years! Here's Why Is Shiba Inu a Good Buy While It Trades Below $0.01? Should You Buy Shiba Inu While It's Worth Less Than $0.01? Down 64% From Its High, Is Now the Perfect Time to Buy Shiba Inu? Why Altcoins Like Cardano and Shiba Inu Rocketed Higher This Week Podcast Episodes Safer Cryptocurrency Trading: How to Avoid a Scam

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.