shiba inu

Shiba Inu - SHIB

Shiba Inu Price Chart

About Shiba (INU)

Shiba Inu SHIB launched in August 2020 as a lighthearted, meme-inspired token modeled after Dogecoin. But while it started as a joke, SHIB quickly gained traction and evolved into one of the most recognized projects in crypto.

Built on Ethereum, SHIB has grown into a full ecosystem that includes its own decentralized exchange called ShibaSwap, a Layer 2 blockchain known as Shibarium, and companion tokens like LEASH and BONE that add functionality around governance, rewards, and utility. What began as internet fun now fuels a global community, with millions of holders, strong exchange support, and ongoing development aimed at building real-world use cases.

Shiba Inu is no longer just a meme anymore. It’s a growing ecosystem with serious momentum and a fanbase that never sleeps.

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FAQs About INU

What is Shiba Inu (SHIB) and how does it work?

Shiba Inu SHIB is a cryptocurrency that started as a joke but quickly became one of the most talked-about tokens in the world. It was inspired by Dogecoin and features the same Shiba Inu dog mascot, but Shiba Inu is built on Ethereum, which means it can do a lot more than just be traded.

Because it runs on Ethereum, SHIB can be used in decentralized finance (DeFi), NFT projects, and other apps that use smart contracts. It’s also part of a larger ecosystem that includes other tokens like BONE and LEASH, plus ShibaSwap, which is their own decentralized exchange. Even though it launched as a meme coin, SHIB has grown into a full ecosystem with tools, products, and a massive global community behind it.

Who Founded Shiba Inu?

Shiba Inu was created by an anonymous developer known only as Ryoshi. Like Bitcoin’s Satoshi, Ryoshi didn’t stick around for fame or control. They launched the project, handed the keys to the community, and disappeared from the spotlight.

Since then, Shiba Inu has grown into a decentralized, community-driven ecosystem without a central figure leading the charge. The project’s direction now comes from a mix of developers, contributors, and one of the loudest, most loyal communities in crypto.

What Makes Shiba Inu So Unique?

Shiba Inu SHIB started as a meme but quickly carved out a real lane for itself. It’s unique because it pairs internet culture with a growing ecosystem that includes ShibaSwap, a Layer 2 network (Shibarium), and additional tokens like LEASH and BONE, each serving a role in staking, governance, or network utility.

It also leans fully into its identity as a community-powered project. No VC funding. No centralized leadership. Just millions of holders, developers, and supporters building something weirdly ambitious together. That mix of meme energy and actual utility is what makes Shiba Inu stand out.

What is the current price of Shiba Inu (SHIB)?

The price of SHIB changes constantly, just like other cryptocurrencies. It moves up and down based on things like demand, market trends, and what’s happening in the Shiba Inu ecosystem.

If you want to check the current price of SHIB, the easiest way is to open Plus Wallet. You’ll see the live price along with charts showing how it’s been performing over time. You can also check sites like CoinGecko or CoinMarketCap, but everything you need is right in the app.

Is Shiba Inu a good investment in 2025?

That really depends on your goals and how comfortable you are with risk. Shiba Inu has been known to move fast in both directions. It has a huge supply of tokens and a strong online following, which means the price can pump hard when interest picks up, but it can also dip just as fast.

On the upside, SHIB has an expanding ecosystem, a new Layer 2 called Shibarium, and ongoing efforts to burn tokens, which may help with long-term value. But like all crypto, it’s a high-risk, high-reward situation. It might be a good fit for someone who believes in the project long-term and can handle the ups and downs.

How do I buy Shiba Inu (SHIB)?

Buying SHIB is really simple with Plus Wallet. First, open the app and head to the Buy section. You’ll see a list of supported coins, just tap on SHIB.

Choose how you want to pay, whether it’s with a credit card, bank transfer, or crypto. Enter how much you want to buy, review the details, and confirm. Once it’s done, your SHIB goes straight into your wallet. No outside accounts or complicated steps. You’re good to go.

Can I store SHIB in a self-custodial crypto wallet?

Yes, and it’s actually a smart way to manage your SHIB. Self-custodial means that you control the private keys to your wallet, not a company or exchange. This gives you full ownership of your crypto, so you don’t have to worry about account freezes, withdrawals being blocked, or your assets getting stuck somewhere.

SHIB is an ERC-20 token, which means it works with any wallet that supports Ethereum-based tokens. Plus Wallet is fully self-custodial, so when you store SHIB there, it’s yours, and only yours.

What’s the difference between SHIB, BONE, and LEASH?

SHIB is the main token that most people know, but the Shiba Inu ecosystem actually has three key tokens, and they each do something different.

  • SHIB is used mostly for trading, community activity, and holding. It’s the token with the biggest supply and the one you’ll see listed everywhere.

 

  • BONE is used for governance, which means it gives holders the ability to vote on decisions about how the ecosystem develops. It’s also the gas token for Shibarium, which is Shiba Inu’s own Layer 2 blockchain.

 

  • LEASH is the rare one. It has a much smaller supply and is used for special perks, like exclusive access to NFTs, early staking rewards, and other premium features.

They’re all part of the same ecosystem, but they serve different roles.

Is SHIB supported on Plus Wallet?

Yes, SHIB works seamlessly with Plus Wallet. You can buy it, hold it, send it to other wallets, receive it, and even swap it for other coins, all from one place. There’s no need to set up extra apps or create an exchange account. It’s already built into the wallet, so you’re ready to go as soon as you fund it.