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Shiba Inu

AUD 0.00

+2.10% past month

Global Rank

#37

Market Cap (USD)

USD 2.49B

24H Volume (USD)

USD 60.18M

24H Change

+2.10%

24H Price History

Buyers 80.4%

  • Deposit Enabled

  • Withdrawals Enabled

SHIBA INU is on the incline in the last 7 days

In the past 24 hours, the price of SHIBA INU has increased by 2.1%. Its price has risen by 2.7% in the last 7 days. The current price per SHIB is AUD 0.00 AUD.

Using the Shiba Inu price chart

The candlestick chart above shows the current price movements of Shiba Inu (SHIB) in AUD since its release in 2020. These charts are designed to help traders identify future price actions; traders can view custom timeframes to see how SHIB price was affected during specific events.

Candlestick charts display the high, low, open and close price of an asset over a specific time period. They are a great tool used by all successful traders to develop trading strategies and perform crypto technical analysis.

To learn more, check out our guide to candlestick charts on Swyftx learn.

What is Shiba Inu (SHIB)

Shiba Inu (SHIB) is a popular meme coin that takes its name from to Japanese dog breed, turned internet meme. SHIB was created in 2020 by an anonymous developer known as Ryoshi.

Shiba Inu has a vast ecosystem that has been built 100% by its community. The SHIB ecosystem includes a decentralised exchange (ShibaSwap), NFT artist incubator and an NFT project featuring an array of pixelated Shiba Inu’s.

SHIB rose to popularity in 2021 after Tesla CEO, Elon Musk, began to tweet about his increasing interest in a competing meme coin, DOGE.

Check out our guide to Shiba Inu (SHIB), to learn more.

Shiba Inu price volatility

The price and market cap of SHIB has grown substantially since its release, with all-time percentage gains in the millions. Tesla CEO, Elon Musk, played a key role in the rise of SHIB after promoting DOGE on live television. This played a major role in the price of SHIB rising by roughly 14 million percent soon after.

Memecoins, like SHIB, are well-known for their extreme volatility due to their lack of utility and large circulating supply.

That said, Shiba Inu is trying to buck this trend by introducing a native DeFi ecosystem including staking, a decentralised exchange and an NFT collection.

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The information on this website is general in nature and does not consider your objectives, financial situation or needs. You should consider whether this is suitable for you and your personal circumstances. Any statistics, price references, graphics or information on this page related to the performance of any asset, market or trading account are not indicative of current performance and should not be relied upon when making a decision to invest. This website is not targeted at the public, nor residents, of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful. Digital assets are volatile and carry high levels of risk, you may lose some or all of your investment. Derivative products are highly speculative and carry significant risk. Credit products are subject to lending criteria. Before making any decision about whether to acquire a product, you should read the applicable Terms of Service and, where relevant, the PDS, FSG, Credit Guide and TMD available on Swyftx’s website, as well as the respective product issuer’s website (if applicable).