Shiba Inu (SHIB) Price
Source mode: Binance public market data
Reference price
+1.71% in 24h
Market capitalization
$10.8B
24h trading volume
$2.06M
24h range
24h price trend
Hourly closes over the last 24 hours
About this asset
What is Shiba Inu?
Shiba Inu is a decentralized meme token evolving into a comprehensive ecosystem including the Shibarium layer-2 rollup and DEX utility.
As of 5 November 2026 at 12:01 UTC, Shiba Inu (SHIB) was priced at $0.00, up 1.71% over 24 hours, according to Binance public market data. Prices differ between exchanges; confirm on your chosen venue.
- Category
- Memes
- Symbol
- SHIB
- Market Focus
- Spot & Perpetual Futures
- Settlement
- USDT Pair
Overview & Institutional Context
High perpetual turnover with fluctuating funding rates reflects rapid retail shifts in meme liquidity pools.
Market participants track SHIB liquidity across spot order books and perpetual futures derivatives to monitor funding rate basis and open interest trends.
Frequently asked questions
What is Shiba Inu (SHIB) used for?
Shiba Inu is a decentralized meme token evolving into a comprehensive ecosystem including the Shibarium layer-2 rollup and DEX utility.
How is SHIB taxed in India?
Under Section 115BBH of the Indian Income Tax Act, gains from SHIB trading are taxed at a flat 30% rate with no deduction for expenses other than acquisition cost. Under Section 194S, a 1% TDS applies to transfer considerations exceeding statutory thresholds.