The origin and positioning of Shiba Inu Coin

Shiba Inu Coin, also known as SHIB, is a Meme crypto asset launched in 2020. It features a Shiba Inu as its symbol, inspired by internet pop culture. Unlike many serious blockchain projects, SHIB’s original intention is to create an ecosystem maintained by users through community-driven, intermediary-free means.

SHIB’s vision is “decentralized experiment”, emphasizing grassroots spirit, and encouraging community members to actively participate. This makes it not just a token, but more like a social movement.

Current price and market heat

Image:https://www.gate.io/trade/SHIB_USDT

As of May 19, 2025, the market price of SHIB is about 0.0000146 US dollars, up over 25% from the beginning of this year. Although the price is still in the fourth decimal place, due to its extremely large total supply (nearly 589 trillion coins), its total market value can still rank among the top 20 crypto assets.

Recently, the trading volume of SHIB has picked up, partly due to the overall recovery of the Meme coin market, as well as related to the Shibarium mainnet update and the release of new NFT activities. Investors maintain a high level of interest in its short-term volatility and high speculative nature.

The Charm of Community-Driven Projects

The biggest feature of Shiba Inu Coin is being “community-driven”. SHIB does not have a traditional core team, but is driven by a group of passionate community members for development and marketing. Shiba Army (SHIB community nickname) has a huge influence on global social platforms such as Twitter, Reddit, and Telegram, capable of making topics go viral in a short amount of time.

In addition, SHIB has collaborated with many well-known companies or celebrities in charity projects, NFT partnerships, and Web3 game trials, all of which have enhanced SHIB’s social influence and brand extensibility.

The difference from other Meme coins

Many people confuse SHIB with Dogecoin, but they actually have differences in positioning.

Dogecoin is more like an early social experiment, although it frequently makes headlines with figures like Musk, its technological updates are slow, and its ecosystem is single.

SHIB is based on the Ethereum public chain and is a standard ERC-20 token. It can seamlessly integrate into the Ethereum ecosystem, such as DeFi, NFT, and Layer 2 protocols, providing more room for future development.

More importantly, the SHIB development team and community have been trying to introduce real-world use cases, such as payment integration, chain game access, etc., striving to get rid of the inherent impression of ‘relying solely on speculation’.

Investing in SHIB: Is it right for you?

Although the price of Shiba Inu Coin is cheap, it does not mean it is a low-risk investment. In fact, because its price is prone to fluctuations, it is suitable for investors with a certain risk tolerance for short-term layout. For beginners, the biggest attraction of SHIB lies in its low threshold, active community, and strong topicality. If you want to try participating in the crypto market and experience community culture, SHIB is a good entry choice.

However, it is also important to recognize that Meme coins always carry the risk of bubbles. Once market sentiment turns cold, prices may quickly fall. Therefore, it is recommended to allocate positions reasonably and not invest all funds in such assets.