The Shiba Inu (SHIB) token continues to capture the attention of Indian crypto enthusiasts with its dynamic price movements and vibrant community-driven ecosystem. As of 2nd July 2025, SHIB is trading at ₹0.000982, reflecting a +2.45% gain over the past 24 hours. This real-time update offers a comprehensive look at Shiba Inu’s current market performance, historical trends, and what investors should watch for in the near term.
Current Shiba Inu Price in INR (₹)
Shiba Inu’s latest price stands at:
- Current Price: ₹0.000982
- 24h Change: +₹0.000023 (+2.45%)
- Previous Close: ₹0.000959
- Opening Price (Today): ₹0.000954
- Day's Range: ₹0.000950 – ₹0.000983
With a market capitalization of ₹579.9 billion and a 24-hour trading volume of ₹7.6 billion, SHIB maintains strong liquidity and investor interest across major Indian exchanges.
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Key Market Metrics
Understanding the broader context behind SHIB’s valuation helps traders make informed decisions:
- Fully Diluted Market Cap: ₹580.1 billion
- Circulating Supply: 5.92 quadrillion SHIB
- Total Supply: 589.5 trillion
- Max Supply: 1 quadrillion (capped)
- Volume-to-Market Cap Ratio: 0.013 (indicating healthy trading activity)
- All-Time ROI: 712,554.75% since launch
Despite its meme origins, Shiba Inu has evolved into a multi-layered ecosystem featuring decentralized finance (DeFi), NFTs, and community governance — factors contributing to sustained long-term interest.
Shiba Inu Price Across Indian Exchanges
Different platforms offer slight variations in pricing due to regional demand and liquidity differences:
| Exchange | SHIB Price (₹) | 24h Change | 24h Volume (₹) |
|---|---|---|---|
| Coinbase | ₹0.000982 | +2.45% | ₹7.6B |
| CoinMarketCap | ₹0.000983 | +2.60% | ₹7.6B |
| CoinSwitch | ₹0.001024 | +2.30% | ₹9.3B |
| Giottus | ₹0.001040 | +4.00% | ₹7,548.75 |
CoinSwitch and Giottus show higher prices, likely due to localized trading patterns and premium spreads on smaller platforms.
Historical Price Performance (Last 15 Days)
Tracking recent volatility gives insight into momentum and potential breakout signals:
| Date | Open (₹) | High (₹) | Low (₹) | Close (₹) | Volume (₹) | Change (%) |
|---|---|---|---|---|---|---|
| 1-Jul-2025 | 0.000982 | 0.000991 | 0.000956 | 0.000957 | 9.3B | -2.57% |
| 30-Jun-2025 | 0.000985 | 0.001020 | 0.000968 | 0.000985 | 11.3B | +0.01% |
| 29-Jun-2025 | 0.000981 | 0.000997 | 0.000980 | 0.000985 | 6.0B | +0.35% |
| 28-Jun-2025 | 0.000950 | 0.000982 | 0.000948 | 0.000980 | 6.6B | +3.24% |
| 27-Jun-2025 | 0.000962 | 0.000974 | 0.000950 | 0.000950 | 8.6B | -1.28% |
| 26-Jun-2025 | 0.000998 | 1.1e-3 | 9.59e-4 | 9.62e-4 | 9.7B | -3.62% |
| 25-Jun-21 | 9.97e-4 | 1.1e-3 | 9.91e-4 | 9.98e-4 | 9.2B | +1.3% |
| 24-Jun-25 | 9.65e-4 | 1e-3 | 9.6e-4 | 9.99e-4 | 15.2B | +3.48% |
| 23-Jun-25 | 8.99e-4 | 9.65e-4 | 8.75e-4 | 9.65e-4 | 19.1B | +7.34% |
| 22-Jun-25 | 9.59e-4 | 9.59e-4 | 8.91e-4 | 8.99e-4 | 21B | -6.27% |
Notably, June 23rd saw a surge of +7.34%, driven by increased social media buzz and speculative buying ahead of anticipated ecosystem upgrades.
All-Time Highs & Volatility Ranges
While SHIB hasn’t reclaimed its all-time peak, it remains one of the most volatile yet promising altcoins:
- 7-Day Range: ₹0.000948 – ₹1,164
- 3-Day Range: ₹864 – ₹1,164 (per trillion tokens)
- 3-Month Range: ₹864 – ₹1,53
- Start Date: August 1, 2 year ago
Though the 52-week range data is currently unavailable, historical highs suggest strong cyclical rallies during bull markets.
What Is Shiba Inu Coin?
Launched in August year by an anonymous developer known as Ryoshi, Shiba Inu began as a "Doge killer" — a playful challenge to Dogecoin’s dominance in the meme coin space.
Despite its humorous branding, SHIB has grown into a serious project with:
- A cartoon Shiba Inu dog as its mascot
- Built on the Ethereum blockchain as an ERC-2-token
- Designed with deflationary mechanics through burns and staking
- An active roadmap including ShibaSwap (DeFi exchange), NFTs, and metaverse initiatives
Unlike Dogecoin, which was created as a joke in under two hours, SHIB was strategically developed with community governance and utility in mind.
Core Features of the SHIB Ecosystem
🔹 ShibaSwap
A decentralized exchange allowing users to swap tokens, stake LP tokens, and earn rewards in BONE and LEASH — sister tokens within the Shiba ecosystem.
🔹 Tokenomics
With a total supply of 1 quadrillion SHIB, half were locked in Uniswap initially, while the other half were sent to Vitalik Buterin (Ethereum co-founder), who later burned a significant portion — boosting scarcity and trust.
🔹 Community Power
Known as the “SHIBArmy,” the global community actively promotes adoption, funds charitable causes, and influences development direction through decentralized proposals.
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Frequently Asked Questions (FAQ)
Q: Is Shiba Inu a good investment in India?
A: SHIB offers high-risk, high-reward potential. While it has delivered massive returns historically, its value is heavily influenced by market sentiment and macroeconomic factors. Investors should conduct thorough research and consider diversification before allocating funds.
Q: Can I buy Shiba Inu with INR?
A: Yes, several Indian crypto exchanges like CoinDCX, WazirX, Giottus, and CoinSwitch allow direct purchases of SHIB using Indian Rupees via UPI or bank transfers.
Q: What affects Shiba Inu’s price?
A: Key drivers include overall crypto market trends, Ethereum network performance (since SHIB is ERC-2-based), celebrity mentions, regulatory news in major economies, and developments within the Shiba ecosystem such as new partnerships or product launches.
Q: How many SHIB coins are in circulation?
A: Approximately 58 quadrillion SHIB are currently in circulation out of a maximum supply of 1 quadrillion, with ongoing burn mechanisms reducing available supply over time.
Q: Does Shiba Inu pay dividends?
A: No direct dividends, but staking SHIB on platforms like ShibaSwap allows holders to earn passive income in BONE or LEASH tokens.
Q: Is Shiba Inu legal in India?
A: Cryptocurrencies are not banned in India; they are regulated under existing tax frameworks. Gains from SHIB trading are taxable under income tax rules introduced in recent years.
Final Thoughts: What’s Next for SHIB?
Shiba Inu has transcended its meme status to become a symbol of decentralized community power and innovation in Web3 culture.
With continued development in DeFi, NFTs, and cross-chain integrations, SHIB could see renewed momentum — especially if broader market conditions improve in late year.
Whether you're a long-term believer or a short-term trader, monitoring on-chain activity, exchange flows, and social sentiment will be crucial for navigating SHIB’s next phase.
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