[{"data":1,"prerenderedAt":352},["ShallowReactive",2],{"api/learn-center-post-en-understanding-shiba-inu-shib-price-trends-charts-analysis-and-history":3,"footer-en":63,"learn/cryptocurrency-guide/understanding-shiba-inu-shib-price-trends-charts-analysis-and-history-en-seo":261,"navigation-en-learn-center":266,"api/learn-categories-en":313},{"seo":4,"locale":28,"breadcrumbs":29,"excerpt":37,"featuredImage":38,"components":45,"title":5,"formattedPublishedAt":56,"geofencings":57,"category":58,"pagination":60,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"Understanding Shiba Inu (SHIB) Price Trends: Charts, Analysis, and History","Shiba Inu (SHIB) Price Trends: Charts, Analysis, and History ","Explore an in-depth exploration of Shiba Inu (SHIB) price trends, charts, analysis, and history. ",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/SHIB_Price_Trends_1png_419d43d100_383ec32ac2.png","image/png",".png",900,450,"SHIB_Price_Trends_1png_419d43d100.png","",[],[20,23,26],{"pathname":21,"locale":22},"/en-gb/learn/cryptocurrency-guide/understanding-shiba-inu-shib-price-trends-charts-analysis-and-history/","en-GB",{"pathname":24,"locale":25},"/es/learn/cryptocurrency-guide/understanding-shiba-inu-shib-price-trends-charts-analysis-and-history/","es",{"pathname":27,"locale":28},"/learn/cryptocurrency-guide/understanding-shiba-inu-shib-price-trends-charts-analysis-and-history/","en",[30,34],{"id":31,"text":32,"url":31,"asUrl":33},"/learn/cryptocurrency-guide/","Cryptocurrency guide",true,{"id":35,"text":5,"url":27,"asUrl":36},"understanding-shiba-inu-shib-price-trends-charts-analysis-and-history",false,"\u003Cp>\u003Ca href=\"/learn/cryptocurrency-guide/what-is-shiba-inu-shib/\">Shiba Inu (SHIB)\u003C/a> is one of the most popular \u003Ca href=\"/learn/crypto-101/what-are-memecoins/\">memecoins\u003C/a>, inspired by the famous “doge” meme featuring a Japanese Shiba Inu dog. It gained rapid popularity in 2021, soon after its launch, and at a time when meme-based trading emerged as a new phenomenon among Reddit users. However, unlike many memecoins, which offer minimal utility, SHIB is now the native token for the Shibarium Layer 2 platform and can be used for \u003Ca href=\"/learn/blockchain/what-is-staking/\">staking\u003C/a> or \u003Ca href=\"/learn/web3/what-are-liquidity-pools/\">liquidity provision\u003C/a> in the Shiba Inu ecosystem.\u003C/p>\n",{"url":39,"mime":40,"ext":41,"width":42,"height":43,"name":44,"alt":17},"bitstampImageUrl/SHIB_Price_Trendssvg_dacf09066f_966cc0c1a1.svg","image/svg+xml",".svg",1920,1080,"SHIB_Price_Trendssvg_dacf09066f.svg",[46],{"component":47,"props":48,"content":49,"secondaryContent":53,"ctas":54,"secondaryCtas":55,"ctasNoMarginTop":36},"section.full-text",{"centered":36,"withoutSectionContainer":36},{"text":50,"width":51,"align":52},"\u003Cp>SHIB launched with a supply of one quadrillion tokens, of which half was sent to Vitalik Buterin, and the other half was immediately put into circulation. \u003Ca href=\"/learn/people-profiles/who-is-vitalik-buterin/\">Vitalik Buterin\u003C/a> ultimately burned (destroyed) the half he was sent.\u003C/p>\n\u003Cp>Despite a tumultuous few years involving the departure of the project’s founder and some dramatic price volatility outlined below, Shiba Inu remains a leader in the memecoin segment, thanks to its loyal and engaged community.\u003C/p>\n\u003Ch2>Shiba Inu Price Charts\u003C/h2>\n\u003Cp>Like most memecoins, SHIB displays volatility that’s frequently more extreme than other digital assets like BTC or ETH. However, unlike another leading memecoin, \u003Ca href=\"/learn/cryptocurrency-guide/what-is-dogecoin-doge/\">Dogecoin\u003C/a>, SHIB price movements have sometimes been connected to fundamental factors such as a mass token burning. Even so, the meme-based nature of SHIB means that it can undergo wild price movements that may not be correlated to any actual events.\u003C/p>\n\u003Cp>For this reason, \u003Ca href=\"/learn/crypto-trading/what-is-technical-and-fundamental-analysis/\">technical analysis\u003C/a> of SHIB can be unreliable since it assumes that past price trends will help predict future movements. Nevertheless, under less volatile conditions, technical analysis may help to identify patterns in the price of SHIB.\u003C/p>\n\u003Ch2>SHIB Price and its History\u003C/h2>\n\u003Cp>As shown in the price charts, the Shiba Inu token has undergone three notable price highs since it launched in the second half of 2020.\u003C/p>\n\u003Cp>Following the launch, Shiba Inu’s pseudonymous founder Ryoshi sent half the entire token supply to Vitalik Buterin, one of the founders of Ethereum. In early 2021, Shiba Inu began to rise in price as meme-based assets shot to instant popularity with the Wall Street Bets traders' group on Reddit.\u003C/p>\n\u003Cp>In May of that year, Vitalik Buterin decided to get rid of all his SHIB tokens, donating 10% of the total supply to a COVID-19 relief fund set up for India and sending the entire remaining 40% to a burn address.\u003C/p>\n\u003Cp>This rapid supply constraint created the first price high for SHIB, causing it to reach a price of $0.00003 with a \u003Ca href=\"/learn/crypto-trading/what-is-market-cap/\">market cap\u003C/a> of $12 billion. However, the price wasn’t sustained for long, falling back by roughly 70% within a month.\u003C/p>\n\u003Cp>It was short-lived, though, since the crypto market was undergoing a bull market in 2021. On October 28, SHIB posted its all-time high of $0.000088, reaching a market cap of over $37 billion.\u003C/p>\n\u003Cp>Following another dramatic decline, the price of SHIB has largely followed the market since the all-time high, with the notable exception of the departure of the project’s founder in 2022, which caused a temporary crash. However, prices recovered after a developer from the Shiba Inu community, Shytoshi, stepped up to lead the project.\u003C/p>\n\u003Cp>In February 2023, SHIB achieved a new yearly high of $0.00003 as it rose in price along with the crypto markets, following the news that the US Securities and Exchange Commission had approved several new \u003Ca href=\"/learn/crypto-trading/what-is-a-bitcoin-etf/\">Bitcoin ETFs\u003C/a>. At this time, memecoins once again achieved viral popularity with traders, as others, including Dogecoin and dogwifhat displayed outsized volatility compared to the wider market.\u003C/p>\n\u003Cp>Shiba Inu remains one of the most popular meme-based cryptos and a staple at the upper end of the cryptocurrency ranking tables. As a token with some utility in its own ecosystem (for example, paying transaction fees on the Shibarium Layer 2), it has some potential to generate demand, independently of the market popularity of memecoins. However, this depends on the ongoing adoption and usage of Shibarium and the Shiba Inu ecosystem.\u003C/p>\n\u003Ch3>How to Buy Shiba Inu\u003C/h3>\n\u003Cp>You can buy Shiba Inu on Bitstamp by Robinhood. Sign up for a Bitstamp by Robinhood account and start trading SHIB today!\u003C/p>\n\u003Cul>\n\u003Cli>\u003Ca href=\"/markets/shib/eur/\">Buy Shiba Inu (SHIB) with Euro\u003C/a>\u003C/li>\n\u003Cli>\u003Ca href=\"/markets/shib/usd/\">Buy Shiba Inu (SHIB) with Dollar\u003C/a>\u003C/li>\n\u003C/ul>\n\u003Ch2>Conclusion\u003C/h2>\n\u003Cul>\n\u003Cli>Shiba Inu is a token based on the Shiba Inu dog meme and has become one of the most popular memecoins\u003C/li>\n\u003Cli>SHIB prices have benefited from the crypto community’s enthusiasm for memecoins, but the project has also created utility for the token with a DEX and Ethereum Layer 2.\u003C/li>\n\u003Cli>After an all-time price high of $0.00008 in October 2021, SHIB has performed broadly in line with the rest of the crypto markets.\u003C/li>\n\u003C/ul>\n","full","left",{"text":17},[],[],"May 30th, 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Kingdom",{},{},{"title":216,"content":17,"items":217},"Contact",[218,223,227,231,235,239,244,249,254],{"noFollow":36,"isExternal":36,"name":219,"value":220,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":221,"geofencings":222},"Customer 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20 3868 9628","+442038689628",{},{},{"noFollow":36,"isExternal":36,"name":245,"value":246,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":247,"geofencings":248},"+1 800 712 5702","+18007125702",{},{},{"noFollow":36,"isExternal":36,"name":250,"value":251,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":252,"geofencings":253},"+352 20 88 10 96","+35220881096",{},{},{"noFollow":36,"isExternal":36,"name":255,"value":256,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":257,"geofencings":258},"+65 3105 1676","+6531051676",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"description":7,"ogDescription":7,"ogImage":262,"twitterImage":262,"twitterSite":263,"twitterCreator":263,"twitterCard":264,"twitterTitle":6,"twitterDescription":7,"titleTemplate":265},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/SHIB_Price_Trends_1png_419d43d100_383ec32ac2.png","@Bitstamp","summary_large_image","%s",{"items":267,"ready":33,"platformButtonText":309,"backButtonText":310,"logInButtonText":311,"signUpButtonText":312},[268,272,275,278,281,284,287,292,295,300,305],{"headerName":269,"sidemenuName":140,"url":141,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":270,"submenu":271,"tag":17},"Institutions",{},[],{"headerName":132,"sidemenuName":132,"url":133,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":273,"submenu":274,"tag":17},{},[],{"headerName":155,"sidemenuName":155,"url":156,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":276,"submenu":277,"tag":17},{},[],{"headerName":112,"sidemenuName":112,"url":113,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":279,"submenu":280,"tag":17},{},[],{"headerName":122,"sidemenuName":122,"url":123,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":282,"submenu":283,"tag":17},{},[],{"headerName":127,"sidemenuName":127,"url":128,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":285,"submenu":286,"tag":17},{"geofencing-uk":33},[],{"headerName":288,"sidemenuName":288,"url":289,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":290,"submenu":291,"tag":17},"Markets","/markets/",{},[],{"headerName":117,"sidemenuName":117,"url":118,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":293,"submenu":294,"tag":17},{},[],{"headerName":296,"sidemenuName":296,"url":297,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":298,"submenu":299,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":301,"sidemenuName":301,"url":302,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":303,"submenu":304,"tag":17},"Learn","/learn/",{},[],{"headerName":306,"sidemenuName":306,"url":113,"noFollow":36,"showInHeader":36,"showInSidemenu":33,"geofencings":307,"submenu":308,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[314,318,322,326,330,334,336,340,344,348],{"title":315,"url":316,"geofencings":317},"Blockchain technology","/learn/blockchain/",{},{"title":319,"url":320,"geofencings":321},"Company profiles","/learn/company-profiles/",{},{"title":323,"url":324,"geofencings":325},"Crypto 101","/learn/crypto-101/",{},{"title":327,"url":328,"geofencings":329},"Crypto definitions","/learn/crypto-definitions/",{},{"title":331,"url":332,"geofencings":333},"Crypto trading","/learn/crypto-trading/",{},{"title":32,"url":31,"geofencings":335},{"geofencing-uk":33},{"title":337,"url":338,"geofencings":339},"People profiles","/learn/people-profiles/",{},{"title":341,"url":342,"geofencings":343},"Security","/learn/security/",{},{"title":345,"url":346,"geofencings":347},"Tutorials","/learn/bitstamp-tutorials/",{},{"title":349,"url":350,"geofencings":351},"Web3","/learn/web3/",{},1772794065505]