What is SHIBA INU (SHIB)?

Shiba Inu, with its ticker SHIB, was created as a Dogecoin equivalent on the Ethereum blockchain. It’s a great example of a meme coin that doesn’t have much of a special purpose. Created by anonymous people in late 2020, the coin gained popularity as Elon Musk’s Tweet about the bigger brother Dogecoin drove attention to dog-themed crypto currencies. It has been riding that wave of investor enthusiasm and speculation ever since, exploding in value. It wasn't built with, or has, a lot of functional value aside from being a token.
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SHIB
No value0% last 7 days
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Cryptohunt's Opinion

Our take on SHIBA INU

Shiba Inu is just a meme coin with no functional value over any of the other generic Ethereum-based tokens. In fact, because it operates on the Ethereum network, it is very expensive to transact with. We think it's a great example of a speculative asset that marketed itself very well, but wouldn't call it a solid long-term bet because of the limited functional use.
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Listen to "Is there anything special about Shiba Inu?"
Learn about hypecoin Shiba Inu: Does it have any real functional value or is it just speculative? · 1 mins
What makes SHIBA INU special?
SHIBA INU is a powered by, uses to validate transactions, and is. SHIBA INU does not support.

Interesting facts about SHIBA INU

Here are some facts you may not already know about SHIBA INU. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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The creators used a lot of viral marketing tricks, such as sending a massive amount of SHIB to Vitalik Buterin, the famous Ethereum founder.

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The coin is a meme coin that was successful at tapping into the Dogecoin hype.

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Shiba Inu was named after the dog breed that is also featured in Dogecoin's logo.

SHIBA INU reviews from the cryptohunt community

Dive deeper into the different opinions about SHIBA INU and learn how others feels about it.
SHIBA INU
Positive review
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0xBrettH
2 mo. ago

Unlike its predecessor and inspiration, Dogecoin, the Shiba Inu community has taken it upon themselves to build an ecosystem that either uses $SHIB or proceeds from $SHIB sales to fund the development of a metaverse, video/mobile games, its own DEX, and more. Despite its memecoin status, Shiba Inu has evolved from a derpy-doge to a determined doggo that's providing much more real-world value than other memecoins out there.

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SHIBA INU
Positive review
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mrf
2 mo. ago

With their expansion into different markets and the creation of their metaverse, I’m taking the risk that they might stumble onto something valuable and turn the coin around.

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SHIBA INU
Negative review
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Alex
4 mo. ago

Takes advantage of the fact that popular in public Elon Musk has got a Shiba Inu dog and posts pictures of him (Floki) from time to time.

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SHIBA INU price and insights

See how much SHIBA INU is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
Based on 3 community reviews
0% feel totally fine about SHIBA INU today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
136,836
10% of them are active
# Telegram members
-
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like SHIBA INU, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
136,836
# Active Discord members
13,311
# Telegram members
-
# Active Telegram members
-

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