The latest price of Shiba Inu today on June 21 is $0,00001063, which represents an increase of 30% in the last 24 hours and 33% in the last week.
With a circulating supply of around SHIB 589 trillion, the market value of the Shiba Inu is US$6,2 billion. This places SHIB as the 13th largest cryptocurrency by market cap. Today's price action likely has something to do with Musk, who has a habit of pumping Dogecoin with his tweets and comments.
In addition to Shiba Inu, there are two other coins in the Shiba Inu ecosystem, LEASH and BONE. SHIB burst onto the scene in 2021 as a “decentralized spontaneous community building experiment”.
SHIB is an Ethereum-based token that is also based on the same Shiba Inu and Dogecoin meme. Like DOGE, the token has become a highly speculative asset that has generated huge returns for its early investors.
