Current Shiba Inu (SHIB) Price Overview
Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, is currently trading at ₹0.000990 in Indian markets as of 4th July 2025. This represents a -3.99% change from its previous closing price of ₹0.001032.
Key Market Data:
- Day's Range: ₹0.000989 - ₹0.001035
- 7-Day Range: ₹0.000946 - ₹0.001036
- Market Cap: ₹582.7 Billion
- 24h Trading Volume: ₹12.0 Billion
- Circulating Supply: 58.92 Trillion SHIB
Detailed Price Performance
Recent Price Movements
| Date | Open Price | High Price | Low Price | Close Price | Volume | Change (%) |
|---|---|---|---|---|---|---|
| 03-Jul-2025 | ₹0.001017 | ₹0.001037 | ₹0.001004 | ₹0.001013 | ₹15.4B | -0.34% |
| 02-Jul-2025 | ₹0.000954 | ₹0.001021 | ₹0.000951 | ₹0.001016 | ₹11.3B | +6.48% |
| 01-Jul-2025 | ₹0.000982 | ₹0.000991 | ₹0.000956 | ₹0.000957 | ₹9.3B | -2.57% |
Exchange Comparison
| Exchange | SHIB Price | 24h Change | 24h Volume |
|---|---|---|---|
| Coinbase | ₹0.000990 | -3.99% | ₹12.0B |
| CoinMarketCap | ₹0.000991 | -4.06% | ₹12.0B |
| CoinSwitch | ₹0.001029 | -3.65% | ₹15.9B |
Understanding Shiba Inu (SHIB)
Project Background
Shiba Inu was created in August 2020 by an anonymous developer known as Ryoshi. Marketed as the "DOGE killer," SHIB quickly gained popularity as a meme coin with serious potential. Unlike Dogecoin's unlimited supply, SHIB has a fixed total supply of 1 quadrillion tokens.
Key Characteristics:
- Blockchain: Ethereum (ERC-20 token)
- Mascot: Shiba Inu dog (different from Dogecoin's Kabosu)
- Notable Features: ShibaSwap decentralized exchange, NFT projects
Tokenomics
- Circulating Supply: 58.92 trillion SHIB
- Max Supply: 58.95 trillion SHIB
- ROI Since Launch: 718,352.84%
Market Analysis and Trends
Recent Performance Factors
- Market Sentiment: SHIB often moves with broader crypto market trends
- Adoption News: Recent partnerships and exchange listings
- Burn Mechanism: Community-led token burning initiatives
👉 Learn about crypto market trends
Frequently Asked Questions
What determines Shiba Inu's price?
SHIB's price is influenced by market demand, adoption rates, Bitcoin's performance, and overall crypto market sentiment.
Is Shiba Inu a good investment?
As a high-volatility asset, SHIB carries significant risk. Always conduct thorough research and invest only what you can afford to lose.
Where can I buy SHIB in India?
Major Indian exchanges like CoinSwitch and Giottus offer SHIB trading pairs with INR.
How does SHIB differ from Dogecoin?
While both are meme coins, SHIB operates on Ethereum's blockchain and has a defined supply cap, unlike Dogecoin.
What's the future of Shiba Inu?
The project continues to evolve with new developments like Shibarium (Layer 2 solution) and metaverse projects, though future success remains speculative.