Shiba Inu Price
SHIB
Convert SHIB to your currency
Last Updated on Dec 01, 2025 03:35 AM
What is Shiba Inu?
About the coin
Shiba Inu (SHIB) started as a meme token, capturing the playful spirit of the internet and cryptocurrency enthusiasts. It has since evolved into a decentralized ecosystem, gaining significant attention and popularity. The token's journey began with a unique distribution strategy, where 50% of its total supply was allocated to Vitalik Buterin's Ethereum wallet.
Main features
One of the most notable events in Shiba Inu's history was when Vitalik Buterin donated 10% of his SHIB holdings to a COVID-19 relief effort in India. This donation, valued at approximately $1 billion at the time, became one of the largest philanthropic contributions ever made. The remaining 40% of the initial allocation was permanently burned, reducing the total supply and potentially increasing the token's value.
How it works
The Shiba Inu community has been actively developing its ecosystem. A significant milestone was the launch of Shibaswap, a decentralized exchange that introduced two new tokens: LEASH and BONE. LEASH is characterized by its scarce supply and is used to provide incentives on the Shibaswap platform. BONE serves as the governance token, allowing holders to participate in decision-making processes through voting on proposals within the Doggy DAO.
Wallet for Shiba Inu
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Shiba Inu
- Ethereum
- Shibarium
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Shiba Inu FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure Shiba Inu with Tangem Wallet?
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose Shiba Inu wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
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Other crypto assets supported in Tangem Wallet.
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