Shiba Inu has been separated into three different tokens that are used to support the whole crypto ecosystem.
2021: SHIB gains a lot of popularity and attention, reaching its highest price ever of $0.00003791 on May 10 after getting listed on several major exchanges. SHIB also received a huge donation of 50 billion SHIB from ETH co-founder Vitalik Buterin to a relief fund in India during the pandemic, which boosted its social media presence and awareness.
However, SHIB also faces a lot of challenges and volatility, dropping to its lowest price since its peak of $0.000005603 in June amid a market-wide crash and regulatory uncertainty.
2023: SHIB's price is affected by various factors, such as market sentiment, news events, and the performance of other meme coins like DOGE. SHIB is also part of a larger decentralised ecosystem that supports projects such as an NFT art incubator and Shibaswap, which aim to provide more use cases and value to the community.
If you are wondering, “How much is one shiba inu today?” then the answer would be $0.0...07618. While this is the current shiba inu price, there are a total of 589,348,154,818,393.4 SHIB in circulation.