SHIB Price Analysis: Latest Updates and Historical Trends

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SHIB Overview

Shiba Inu (SHIB) is currently trading at approximately $0.00001157, showing a -4.30% change in the last 24 hours. As one of the most talked-about meme coins in the cryptocurrency space, SHIB holds the #19 position in market capitalization rankings.

Key metrics:

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Price Performance

MetricValue
24H High¥--
24H Low¥--
24H Range+4.84%
All-Time High¥-- (Oct 28, 2021)
All-Time Low¥-- (Feb 1, 2021)
Investment Return+115,699.00x

Recent performance indicators:

Market Analysis

The turnover rate (an indicator of liquidity) is calculated as:
(24H trading volume / circulating market cap) × 100%

Current market observations:

Historical Trends

Monthly Performance

YearJanFebMarAprMayJunJulAugSepOctNovDec
2019DataPointsHere
2020

Annual Price Peaks

Detailed records of SHIB's yearly highs demonstrate its volatility and growth potential in the cryptocurrency market.

👉 Track SHIB's real-time performance

Trading Platform Comparison

RankExchangeExRankLast Price (¥)24H Volume24H Amount (¥)ShareUpdate Time

FAQ

Q: What factors influence SHIB's price?
A: SHIB's price is affected by market sentiment, Bitcoin's performance (0.71 correlation), trading volume, and broader cryptocurrency trends.

Q: How does SHIB's circulating supply affect its value?
A: With 589 trillion+ SHIB in circulation, the large supply helps maintain low individual token prices while market cap reflects total value.

Q: What was SHIB's highest recorded price?
A: SHIB reached its all-time high of ¥-- on October 28, 2021, during a period of exceptional meme coin popularity.

Q: Is SHIB a good investment?
A: SHIB has shown remarkable returns (+115,699x) since launch, but like all cryptocurrencies, it carries significant risk due to volatility.

Q: Where can I trade SHIB?
A: SHIB is available on multiple exchanges worldwide, with varying liquidity and trading pairs (see trading platform comparison table).

Q: How does SHIB compare to Dogecoin?
A: While both started as meme coins, SHIB has developed its own ecosystem including ShibaSwap and other utilities, differentiating it from DOGE.


Disclaimer: All content provided here is for informational purposes only. Cryptocurrency investments carry substantial risk, and readers should conduct their own research before making any financial decisions.