Shiba Inu SHIB

What SHIB actually is on-chain

Shiba Inu is an ERC-20 deployed on Ethereum, at contract address 0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce. That address, not the ticker SHIB, is what uniquely identifies this asset: anyone can deploy a second token calling itself SHIB, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, SHIB is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in SHIB itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

4 other assets tracked on this site also use the ticker SHIB: SHIBA ON BASE (Base, 0xFCa9…6BF7); Shibwifhatcoin (Solana, F6qoef…5J1k); NicCageWaluigiElmo42069Inu (Ethereum, 0xfcaf…4ba8); Strategic Hub for Innovation in Blockchain (Ethereum, 0xF4b7…89c7). The asset on this page is specifically the Ethereum deployment at 0x95ad…c4ce. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For SHIB the project publishes a whitepaper and an active account as @shibarium_. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where SHIB sits in the market

At #31, Shiba Inu sits in the middle of the large-cap band. This is the part of the table capital rotates through first: when the leaders stall, money moves down into names like SHIB, and when risk comes off it leaves here before it leaves the top ten. Spot spreads stay tight through both legs of that cycle; derivative funding does not, and perp basis is usually the earlier signal.

CryptoPingAi is currently streaming 6 live SHIB order books (Binance, Gate.io, MEXC, HTX, Upbit, Bithumb). That is coverage in line with a #31 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

SHIB against its all-time high

SHIB trades 94.5% below its $0.00008616 record (on 2021-10-28), which puts a 18.2x recovery between spot and that level. A drawdown of this size is usually a structural break rather than a correction — the market that set the high and the market trading today are not the same market. Using that print as a price objective is not a conservative assumption, it is a very aggressive one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

SHIB supply structure

There is no fixed maximum supply for SHIB. Total supply stands at 589.50 trillion SHIB and essentially all of it — 100.0% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. A float measured in the tens of billions also means the unit price is small in absolute terms, so percentage moves matter and round-number levels sit at decimal places most people do not watch — an alert set on a whole-cent boundary will behave very differently here than on a three-figure asset.

What kind of asset SHIB is

Shiba Inu is a meme asset. There is no cash flow, no fee capture and no fundamental anchor to value it against, which is a description rather than a criticism — it means the price is set entirely by attention and reflexive flow. In practice, volume moves first and price follows, so a volume spike is the leading signal for this class while an oscillator reading is a lagging one. Moves are larger, faster and mean-revert harder than in assets with a revenue story.

CoinGecko files SHIB under 8 categories, including Meme, Ethereum Ecosystem, Animoca Brands Portfolio, Dog-Themed, GMCI Meme Index. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: SHIB is tracked in the GMCI Meme Index, and is a constituent of the GMCI 30 Index.

How to set a Shiba Inu alert that is worth receiving

Shiba Inu is the ERC-20 at 0x95ad…c4ce on Ethereum — quoted on 6 venues we stream — high dated 2021-10-28 — rank #31. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

Full alert-design method: thresholds, RSI/MACD and volume conditions →