Memecoin Shiba Inu saw its price grow by more than 300 percent within one and the same month, marking a trading fury reminiscent of Dogecoin in early 2021. Indeed, the SHIB coin ranked as one of the biggest crypto in the world based on 24h trading volume in October 2021 - with trading activity being almost as high as that of Ethereum. Originally starting out as a fun token based on the famous Japanese dog breed, the digital currency grabbed mainstream attention in 2021 probably due to its low barrier of entry: Even after its price spikes, Shiba Inu was one of the cheapest coins availalbe, especially when compared to the price of 99 other cryptocurrencies. Combine this with survey information that most consumers in the U.S. and the UK invest in crypto either for growth or fun, and Shiba Inu is probably seen by many as a relatively simple, "quick win" investment.
Price of one million Shiba Inu (SHIB) per day from April 2020 to August 5, 2024
(in U.S. dollars)
Characteristic
Price of one million SHIB in U.S. dollars
Aug 05, 2024
11.9
Aug 04, 2024
14.26
Aug 03, 2024
14.65
Aug 02, 2024
15.8
Aug 01, 2024
15.93
Jul 2024
16.41
May 2024
25.9
Apr 2024
24.14
Mar 2024
29.86
Feb 2024
11.77
Jan 2024
9.05
Dec 2023
10.47
Nov 2023
8.2
Oct 2023
7.98
Sep 2023
7.31
Aug 2023
8.16
Jul 2023
8.29
Jun 2023
7.32
May 2023
8.69
Apr 2023
10.33
Mar 2023
10.58
Feb 2023
12.53
Jan 2023
11.5
Dec 2022
8.06
Nov 2022
9.1
Oct 2022
11.94
Sep 2022
11.13
Aug 2022
12.18
Jul 2022
11.92
Jun 2022
10.18
May 2022
12.19
Apr 2022
22.22
Mar 2022
27.56
Feb 2022
23.51
Jan 2022
21.13
Dec 2021
33.74
Nov 2021
44.59
Oct 2021
65.03
Sep 2021
7.02
Aug 2021
6.7
Jul 2021
6.27
Jun 2021
8.94
May 2021
7.86
Apr 2021
1.4
Mar 2021
0.06
Feb 2021
0.01
Jan 2021
0.01
Dec 2020
0
Nov 2020
0
Oct 2020
0
Sep 2020
0
Aug 2020
0
Zoomable Statistic: Select the range in the chart you want to zoom in on.
Monthly figures are as of the end of that particular month; Opening price; The numbers provided concern the price in U.S. dollars against one million SHIB. The price of a single Shiba Una coin is so low, down to ten decimals, that it could not be displayed properly. The price of a single coin on September 19, 2022, for instance, was around 0.000010690 U.S. dollars
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
CoinGecko. (August 5, 2024). Price of one million Shiba Inu (SHIB) per day from April 2020 to August 5, 2024 (in U.S. dollars) [Graph]. In Statista. Retrieved August 22, 2024, from https://www.statista.com/statistics/1271588/shiba-inu-price-index/
CoinGecko. "Price of one million Shiba Inu (SHIB) per day from April 2020 to August 5, 2024 (in U.S. dollars)." Chart. August 5, 2024. Statista. Accessed August 22, 2024. https://www.statista.com/statistics/1271588/shiba-inu-price-index/
CoinGecko. (2024). Price of one million Shiba Inu (SHIB) per day from April 2020 to August 5, 2024 (in U.S. dollars). Statista. Statista Inc.. Accessed: August 22, 2024. https://www.statista.com/statistics/1271588/shiba-inu-price-index/
CoinGecko. "Price of One Million Shiba Inu (Shib) per Day from April 2020 to August 5, 2024 (in U.S. Dollars)." Statista, Statista Inc., 5 Aug 2024, https://www.statista.com/statistics/1271588/shiba-inu-price-index/
CoinGecko, Price of one million Shiba Inu (SHIB) per day from April 2020 to August 5, 2024 (in U.S. dollars) Statista, https://www.statista.com/statistics/1271588/shiba-inu-price-index/ (last visited August 22, 2024)
Price of one million Shiba Inu (SHIB) per day from April 2020 to August 5, 2024 (in U.S. dollars) [Graph], CoinGecko, August 5, 2024. [Online]. Available: https://www.statista.com/statistics/1271588/shiba-inu-price-index/
