What is Shiba Inu (Shib) price?

Shiba Inu Price by Nomics (A Crypto Market Cap Provider) The SHIB cryptocurrency is a token of the Shiba Inu ecosystem, which from the very beginning received the nickname ‘the Dogecoin killer’. In a few weeks of its existence, the SHIB price has risen by 27,000%, although its rate still does not reach even one-tenth of a cent.

Will Shiba Inu go above its previous high?

I think it will take a serious catalyst to bring Shiba Inu above its previous high and toward the $0. 0001 level. Indeed, we'd likely need to see the overall market surge alongside Shiba Inu, which would require a massive bull market rally in this speculative asset class.

What is the Shiba Inu ecosystem?

The Shiba Inu ecosystem also houses two other tokens, namely LEASH and BONE. LEASH is the second token to be incentivized on ShibaSwap. DOGGY DAO is a governance token that will allow the Shib Army to vote on proposals on DOGGY DAO. The Shiba Inu team has been proactive in expanding the ecosystem with a number of applications.

When did Shib hit its all-time high?

According to CoinMarketCap, SHIB hit its all-time high of $0.0000388 on May 10. This happened after the crypto exchange Binance added the option to trade SHIB. On the same day, SHIB’s market capitalization hit a record high of more than $13.5 billion.