SHIB/USD referenceDirect U.S.-dollar market data from Coinbase Exchange.Methodology →
Current reference$0.00000497
Live market data
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24-hour SHIB/USD history
About Shiba Inu
An Ethereum-based token with a large community and a very high unit supply.
Shiba Inu is tracked here because it has an established public market and recurring reader interest. Inclusion is not an endorsement. Bitcoin.now compares other networks on their own terms while keeping Bitcoin's monetary design, custody model, and proof-of-work security as the site's main subject.
How to read the SHIB price
There is no single official Shiba Inu price. The number above is the latest public observation from Coinbase Exchange. Another exchange can show a different last trade because its buyers, sellers, liquidity, and order book are different.
A displayed price is not the amount guaranteed for an order. Spread, fees, depth, slippage, payment method, and location can change the final value.
How Shiba Inu works
Five facts to check before treating a price as an understanding of the asset.
Reviewed 2026-08-04
Network
Shiba Inu uses a crypto network or token system with project-specific transaction and settlement rules.
Issuance and supply
For SHIB, the token launched with a very large fixed allocation; transfers to burn addresses can reduce accessible supply but do not create guaranteed scarcity.
Who can influence it
Core teams, validators, token holders, foundations, issuers, and service providers may each retain different powers.
Main use
The intended role includes network fees, settlement, governance, incentives, or application access depending on the project.
Main risks
Material risks include concentrated control, technical failure, changing issuance, limited liquidity, regulatory action, and volatile demand.
Questions to verify for yourself
Who can change the software or token contract? Where can supply data be reproduced? Which keys, validators, administrators, bridges, or issuers must keep working? How much real liquidity exists near the displayed price? A useful asset review answers those questions with current primary documentation instead of relying on market capitalization or social attention.
Shiba Inu network history
Shiba Inu launched in 2020 as an ERC-20 token on Ethereum with a very large initial unit supply.
How transactions are validated
SHIB transfers rely on Ethereum validators and the token contract; the token has no independent mining or validator set.
What makes SHIB different
Community projects and token burns can affect attention, but host-chain fees, contract behavior and supply concentration remain material.
Shiba Inu price questions
Short answers to the things readers usually need before using a market number.
What is the current Shiba Inu price?
The current Bitcoin.now reference is based on SHIB/USD from Coinbase Exchange. It updates from public market data and is informational only.
How does Shiba Inu validate transactions?
SHIB transfers rely on Ethereum validators and the token contract; the token has no independent mining or validator set.