Shiba Inu (SHIB) has been making waves in the cryptocurrency world for quite some time, capturing the attention of investors, meme enthusiasts, and dog lovers alike.
What exactly is SHIB, and why is it often referred to as “the Dogecoin killer”? And how can I buy it?
Shiba Inu is an Ethereum-based memecoin (or that features the Shiba Inu, a Japanese breed of hunting dog, as its mascot.
Shiba Inu is often seen as an alternative to .
Both SHIB and Dogecoin fall into the category of meme coins, which means they are associated with a theme (in this case, the Shiba Inu dog) and often launched as a playful parody. But don’t underestimate their impact — meme coins can still pack a punch. For example, Dogecoin is is the 10th by market capitalization at the time of writing, beating out other cryptocurrencies that have genuinely useful features.
Shiba Inu is 18th by market cap (at the time of writing), but again it is more popular than some cryptocurrencies that are useful for many things.
Shiba Inu was created in August 2020 by an anonymous individual or group known as Ryoshi. The project emerged as an experiment in decentralised spontaneous community building.
Ryoshi that collective decentralization could create something stronger than a centralized team ever could.
SHIB had an initial circulating supply of one quadrillion coins. Yes, you read that right — abundant is an understatement. But this abundance has not diminished its appeal, seemingly.
The Shiba Inu ecosystem extends beyond the token itself. It supports projects like , a decentralized exchange, and an NFT art incubator. So, it’s not just about the coin; it’s about the entire ecosystem.
Forget the traditional whitepaper — Shiba Inu has a “”. The “white paper” outlines the project’s guiding principles. It’s all about community-driven development and the spirit of creating something out of nothing.
In January 2023, the Shiba Inu community introduced , a layer two blockchain designed to run on top of Ethereum. Its goals include reducing congestion, introducing staking, lowering gas fees, and supporting decentralized applications.
The SHIBArmy, with its base of nearly 500,000 members, embraces Shiba Inu’s founding principles. These include starting from zero, not relying on an existing community or preassembled team, and, of course, a love for Shiba Inu dogs.
Dogecoin was the original memecoin, created in December 2013 as a joke version of Bitcoin and built using essentially the same technology.
Shiba Inu was inspired by Dogecoin, but was deployed as an ERC-20 token on the Ethereum blockchain. This means that beyond being a purely tongue-in-cheek crypto, it also has the power to use smart contracts in the shape of dapps and DeFi.
Both are available on most cryptocurrency exchanges.
To buy Shiba Inu (SHIB) on CoinJar, create an account and complete identity verification. You can either buy instantly using ACH by linking your bank account or deposit funds via wire transfer to your CoinJar balance. Then, navigate to SHIB in the Buy/Sell section and tap “Trade” to complete your purchase.
As this would put the market cap of Shiba Inu slightly north of $589 trillion, the answer is most likely no.
When Shiba Inu launched in April 2020 the price of the memecoin was US$0.000000001009.
By May of 2021, SHIB jumped 457% in one day, making it $0.00003469. The all-time high (ATH) was US$0.00008845 in October 2021. At the time of writing, SHIB is priced at US$0.00001304 (30 July 2025). So the price is down from its ATH.
Some price predictions are positive, some negative. In some cases, the is predicted to go to $0.000055.
Meanwhile other pundits predict it will stay where it is. No one has a crystal ball to see into the future!
While Shiba Inu will probably never reach 1 dollar, reaching one cent is more likely. But it seems to be a lofty goal.
If $0.01 per token was reached, it would make SHIB more valuable than some of the largest companies.
So while hitting 1 cent is theoretically possible, it probably won’t happen.
It’s impossible to predict with certainty. SHIB’s value in 2025 will depend on market trends, adoption, and ecosystem developments like Shibarium, the Shib metaverse. CoinJar doesn’t provide price predictions, but you can track trends on our platform.
On CoinJar Exchange, (always choose a trusted cryptocurrency exchange like CoinJar) create an account, verify your identity, deposit funds, and search for "buy Shiba Inu" or "SHIB." Select the SHIB trading pair, enter the amount, and confirm your purchase.
Yes, on CoinJar Exchange, you can buy SHIB using Bitcoin or other supported cryptocurrencies by selecting the appropriate trading pair, such as SHIB/BTC, and executing a trade. You can also swap Bitcoin for SHIB on CoinJar.
CoinJar offers multiple payment methods to buy Shiba Inu, including bank transfers, debit/credit cards, and crypto deposits. Check the platform for supported options in your region.
After buying Shiba Inu, you can store SHIB in your CoinJar wallet or transfer it to a secure external wallet for added control over your assets.
CoinJar is a trusted cryptocurrency exchange with robust security measures, ensuring a safe environment for purchasing and trading Shiba Inu (SHIB).
The price of Shiba Inu varies based on market conditions. Check CoinJar’s live SHIB price chart at the top of this page for real-time updates before you buy or trade.
While Binance and Coinbase may offer Shiba Inu, CoinJar provides a seamless experience to buy SHIB with competitive fees and support.
Buying SHIB on CoinJar offers low trading fees, a user-friendly interface, secure storage, and access to a wide range of cryptocurrencies for diversified trading.
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