How much does 1 SHIB cost today?

As of right now, 1 SHIB costs $0.00 USD. The price is updated live from CoinGecko and changes throughout the day based on global trading activity.

How do I buy Shiba Inu in Canada?

Canadians can buy Shiba Inu on regulated Canadian exchanges such as Bitbuy, Newton, NDAX, Wealthsimple Crypto, and Shakepay. Shiba Inu is also available on major international exchanges (Coinbase, Kraken, Binance) and as spot ETFs in some cases. Always confirm the platform is registered with the Canadian Securities Administrators (CSA) before depositing funds.

How is Shiba Inu taxed in Canada?

In Canada, the CRA treats cryptocurrency as a commodity rather than a currency. Selling, trading, or spending Shiba Inu triggers a capital gain or loss — 50% of which is taxable as income at your marginal rate. If you trade Shiba Inu frequently or as a business, the CRA may treat profits as 100% taxable business income. Keep detailed records of every transaction, including date, amount, fair market value in CAD, and counterparty.

Is Shiba Inu a good investment?

This page does not provide investment advice. Shiba Inu is a volatile asset — historical price swings have included gains and losses of more than 50% within single calendar years. Before investing, understand your time horizon, risk tolerance, and only invest what you can afford to lose. Consider using our DCA Simulator to test how dollar-cost-averaging into Shiba Inu would have performed historically.

Can I stake Shiba Inu?

Yes. Shiba Inu uses a Ethereum (Proof of Stake) consensus mechanism, which means holders can stake their tokens to help secure the network and earn rewards. Most major Canadian and international exchanges offer one-click staking for Shiba Inu. You can estimate potential staking returns using our Crypto Staking Calculator.

Shiba Inu Price (SHIB)

Rank #38 by market cap

            $0.00
        

24H Change -1.26%

7D Change -10.82%

Market Cap $2.48B

24H Volume $50.43M

24H High $0.00

24H Low $0.00

USD CAD EUR

Price Chart

7-day MA

Trend Signals Updated on page load · Not financial advice

📉 -1.26% today

Minor dip today — normal market noise. No strong signal unless it continues.

🗓️ -10.82% this week

Significant weekly decline — a clear downtrend. Look for support levels or a change in volume to signal a reversal.

⚠️ Near 24h low

Price is trading near its lowest point of the day — bears have pushed it down. A bounce from this level is possible, but a close here is bearish.

❄️ RSI 4 — Oversold

RSI of 4 means the price has fallen sharply and may be oversold. RSI below 30 often precedes a bounce — but a coin can stay oversold in a strong downtrend.

📉 Short-term downtrend

The 7-day average is more than 3% below the 30-day average — recent momentum is clearly bearish. The trend may continue until a catalyst reverses it.

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About Shiba Inu

The "Dogecoin killer" — the largest community-driven meme coin ecosystem.

Shiba Inu (SHIB) is an Ethereum-based meme token launched anonymously in August 2020, inspired by the Shiba Inu dog breed. It was initially distributed for free and gained massive popularity in 2021. The Shiba Inu ecosystem has expanded beyond the original token to include a DEX (ShibaSwap), a layer-2 network (Shibarium), and a complementary ecosystem token (BONE).

SHIB is used for trading, tipping, and as a community reward token within the Shiba Inu ecosystem. Shibarium (the layer-2 chain) was launched in 2023 to provide lower-cost transactions for SHIB ecosystem applications. A limited number of merchants and crypto-payment platforms accept SHIB directly.

Key facts

Category	Meme Coin / Ecosystem Token
Launched	2020
Consensus	Ethereum (Proof of Stake)
Supply	Originally 1 quadrillion SHIB. Large amounts burned continuously through community burn programs.
Founder	Anonymous ("Ryoshi")
Official site	https://shibatoken.com