As of May 14, 2025, **Shiba Inu (SHIB)** is experiencing renewed interest and upward momentum in the cryptocurrency market. Its current price is **\$0.00001610**, reflecting a **5% increase** in the last 24 hours. The price has ranged between **\$0.00001528 and \$0.00001653**, signaling ongoing short-term volatility but overall positive sentiment.
**Key Price Trends:**$SHIB
* **Short-term performance:** SHIB has surged **26.4% in the past 7 days**, significantly outperforming the broader crypto market. This rise is largely attributed to increased investor confidence and renewed interest in meme coins.
* **Market capitalization:** Currently stands at **\$9.492 billion**, ranking it **#18** on CoinGecko.
* **24-hour trading volume:** Around **\$534.67 million**, indicating a slight decrease in trading activity but still showing healthy market engagement.
* **Circulating supply:** Approximately **589.25 trillion SHIB tokens**, contributing to its very low price per token.
**Price Performance History:**
* **All-time high:** \$0.00008845 on **October 28, 2021**
* **All-time low:** \$0.000000000056 on **November 28, 2020**
* SHIB is currently **81.3% below** its all-time high but an astonishing **+28.58 million percent above** its all-time low.
Despite being far from its peak, the SHIB community remains strongly **bullish**, with **85% of users** expressing a positive outlook. Shiba Inu continues to be a favorite among retail investors due to its affordability, meme culture backing, and active development ecosystem, including projects like Shibarium and SHIB metaverse plans.
In conclusion, SHIB's recent performance and strong community sentiment suggest potential for continued growth, but investors should be cautious of its high volatility and speculative nature.$SHIB
