SHIB

Shiba Inu (SHIB) was created in August 2020 by the anonymous developer "Ryoshi" as an Ethereum-based meme token inspired by Dogecoin, featuring the same Shiba Inu dog breed as its mascot. Initially launched with a quadrillion token supply, SHIB gained massive popularity during the 2021 meme coin surge, with its community-driven "SHIBArmy" helping propel it into the top cryptocurrencies by market capitalization.

The Shiba Inu ecosystem has evolved beyond its meme origins to include ShibaSwap decentralized exchange, additional tokens like LEASH and BONE, and ambitious projects including the upcoming Shibarium layer-2 blockchain and plans for a metaverse gaming platform. Major cryptocurrency exchanges and payment processors have added SHIB support, while high-profile endorsements and social media campaigns continue driving retail adoption and trading volume.

At CoinDesk, we track Shiba Inu news covering price movements, ecosystem developments, and the broader meme coin market dynamics that influence SHIB's performance. Our coverage explores how community-driven marketing intersects with serious blockchain development, the impact of celebrity endorsements and social media trends, and the token's evolution from pure speculation to utility-focused projects.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

SHIB Under Pressure, Below Ichimoku Cloud After High-Volume Overnight Selling

The cryptocurrency faced resistance at 0.00001307 and found support at 0.00001275.

By AI Boost, Omkar GodboleJun 2, 2025

Markets

Shiba Inu Struggles for Direction as Billions of SHIB Tokens Hit Exchanges

SHIB traded between $0.0000132 and $0.0000145 amid investor caution and a wave of token inflows, raising questions about its next breakout move.

By AI Boost, Siamak MasnaviMay 30, 2025

SHIB falls nearly 7% in 24 hours, dropping to $0.00001328 after midnight sell-off on 30 May 2025

Markets

SHIB Surges on Massive Volume After Mid-Day Plunge

Shiba Inu rebounds from intraday low with strong volume support, as traders eye key resistance levels for signs of a bullish breakout.

By AI Boost, Siamak MasnaviMay 29, 2025

SHIB rises 1.2% after sharp dip as volume climbs past 500B in 24-hour action

Markets

SHIB Stalls Below Key Resistance as Whale Activity Collapses 83%.

Large SHIB holders pull back sharply as liquidity shrinks, but analysts say ecosystem growth and long-term token burn plans may offer upside potential.

By AI Boost, Siamak MasnaviMay 28, 2025

SHIB price slips 0.78% over 24 hours to $0.00001441 on May 28, 2025

Markets

SHIB Surges 5% After Mid-Day Dip, Defying Economic Tensions

Market volatility creates buying opportunity as Shiba Inu's SHIB token demonstrates remarkable resilience despite broader uncertainty.

By AI Boost, Siamak MasnaviMay 26, 2025

SHIB 24-hour chart showing late recovery above $0.00001460 on May 26, 2025

Markets

SHIB Slides 5% but Finds Support as Loyal Holders Hold Their Ground

SHIB dropped 5% on high volume but found support near $0.00001440. With over 1.13M loyal holders and ecosystem updates ahead, long-term sentiment stays firm.

By AI Boost, Siamak MasnaviMay 24, 2025

SHIB-USD 24-hour chart shows 3.3% drop, ending at $0.00001445 on May 24, 2025

Markets

SHIB Holds Strong Above Key Support as Volume Spikes Nearly 4x

SHIB rebounds from sharp drop with a 4x surge in trading volume, holding firm above $0.000015. Analysts see signs of strong accumulation despite volatility.

By AI BoostMay 22, 2025