Shiba InuSHIB

An Ethereum dog memecoin from 2020, with its own Shibarium layer-2 network.

Rank #37Since August 2020

Price on 31 Oct 2026

C$0.00000660 -0.2% since 31 Jul 2026 · 93.8% below its all-time high

The short version

Shiba Inu is an Ethereum memecoin launched in August 2020 by the pseudonymous Ryoshi, later joined by the Shibarium layer-2 network. No company or foundation is disclosed; lead developer Kaal Dhairya said in October 2026 that he funds Shibarium personally. About 41% of the original supply sits in a burn address, and Shibarium held only US$41K of deposits on 31 Oct 2026. On 31 Oct 2026 one SHIB cost C$0.00000660. From 31 Jul 2026 to 31 Oct 2026 its price changed -0.2% in Canadian dollars, and it was 93.8% below its all-time high of C$0.000107 set on 27 Oct 2021.^[1]

Checked 31 Oct 2026 · 17 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.0000143 (3 Nov 2025) · low C$0.00000578 (17 Jul 2026) · -52.9%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.00000660	US$0.00000473
30 Sep 2026	C$0.00000819	US$0.00000575
31 Aug 2026	C$0.00000687	US$0.00000496
31 Jul 2026	C$0.00000662	US$0.00000472
30 Jun 2026	C$0.00000604	US$0.00000425
31 May 2026	C$0.00000758	US$0.00000549
30 Apr 2026	C$0.00000836	US$0.00000616
31 Mar 2026	C$0.00000824	US$0.00000592
28 Feb 2026	C$0.00000838	US$0.00000613
31 Jan 2026	C$0.0000101	US$0.00000746
31 Dec 2025	C$0.00000972	US$0.00000710
30 Nov 2025	C$0.0000120	US$0.00000853

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.00000660^[1]
3-month change: -0.2% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 93.8% below its high of C$0.000107 (27 Oct 2021)^[1]
Market rank: #37, market value about C$3.9B^[1]
Kind: Memecoin · Ethereum (ERC-20); its own Shibarium layer-2 network
Started: August 2020

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoGoPlus finds no mint function and no contract owner^[2]

Can anyone freeze or take coins from holders?NoNo blacklist, pause or balance-change function, and no owner^[2]

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?YesFixed on-chain supply of about 1 quadrillion, 41% of it burned^{[3, 2]}

Any scheduled unlocks in the next 12 months?NoNo vesting or locked allocations^[4]

Does a team or foundation hold over 10% of supply?Not disclosedNo team or treasury wallets disclosed; two unlabelled wallets hold 7.5%^[3]

Do network fees reach coin holders?YesShibarium fees fund SHIB burns, but totalled US$872 in the past year^{[5, 6]}

Main network hacked or halted in the past 2 years?YesShibarium bridge lost about US$4.1M to compromised validator keys on 12 Sep 2025^{[7, 8]}

Is a regulator or court case targeting the coin itself?NoUS regulators named it a digital commodity on 17 Mar 2026; no live case found^[9]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Pseudonymous team led by developer Kaal Dhairya; no legal entity disclosed^{[10, 11]}
Admin key: None; the contract has no owner, mint or blacklist function^[2]
Largest holders: Burn address 41.0%, custodial wallets holding coins for many users 14.3%; the rest of the top 10 holds about 7.5%^[3]

Supply

In circulation: 589.24T SHIB^[1]
Maximum supply: None set^[1]
Burned: Vitalik Buterin burned 410T SHIB in May 2021; the burn address holds 41.0%^{[12, 3]}
New coins: None; supply is fixed^{[4, 2]}
Unlocks: None; 99.9% of maximum supply circulates^[4]

Use and fees

Main use: Trading; Shibarium layer 2 for apps, with BONE as its gas token^[11]
Shibarium deposits: US$41K on 31 Oct 2026, down from US$969K a year earlier^[5]
Shibarium fees: US$872 over the past year^[6]

Trading

Daily trading: About C$115.0M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 2.41% of its market value changes hands each day^[1]
20-week average: 4.4% below its 20-week average price^[1]
1-year change: -52.5% in C$^[1]^[13]

History

Not a forecast

Coins ranked 11-50 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 1,080 cases, 157 coins

46% were higher a year later^[14]

Typical result: Median -6% after a year; 61% higher after two years
Lost half or more: 25% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: Shibarium, Shiba Inu's layer-2 network, lost about US$4.1M on 12 Sep 2025 after 10 of its 12 validator keys were compromised.^{[7, 8]}

The attacker's wallet in a hack on 29-30 Oct 2026 held about 499.9B SHIB.^[15]
Shibarium validator staking has been under maintenance since 17 Apr 2026.^[16]
SHIB became tradable on Solana through the Sunrise gateway from 4 Oct 2026.^[17]
Repayments to victims of the Sep 2025 Shibarium bridge exploit were still running in Oct 2026.^{[7, 17]}

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.