$SHIB History Shiba Inu (SHIB) is an Ethereum-based meme cryptocurrency launched in August 2020 by an anonymous creator named Ryoshi, originally pitched as a "Dogecoin killer".
Key Milestones in SHIB History
• Launch & Initial Supply (August 2020): Created with a total supply of 1 quadrillion tokens. The founder locked half the supply in Uniswap and sent the other half to Ethereum co-founder Vitalik Buterin.
• The Vitalik Buterin Donation & Burn (May 2021): Vitalik Buterin donated over 50 trillion SHIB to the India COVID-Crypto Relief Fund and sent the rest (roughly 40% of the total supply) to a dead burn address, drastically reducing the active supply and sparking early price rallies.
• All-Time High (October 2021): SHIB surged dramatically, reaching its all-time high of $0.00008845 on October 27, 2021, fueled by retail FOMO and major exchange listings.
• Ecosystem Expansion: The project expanded beyond a pure meme token to develop a decentralized exchange (ShibaSwap), a governance token (BONE), and its own layer-2 blockchain (Shibarium).
• Recent Market Standing (2026): Circulating supply sits around 589 trillion tokens, with SHIB trading generally in the sub-$0.00001 range (moving around $0.000005–$0.000006).$SHIB
Key Milestones in SHIB History
• Launch & Initial Supply (August 2020): Created with a total supply of 1 quadrillion tokens. The founder locked half the supply in Uniswap and sent the other half to Ethereum co-founder Vitalik Buterin.
• The Vitalik Buterin Donation & Burn (May 2021): Vitalik Buterin donated over 50 trillion SHIB to the India COVID-Crypto Relief Fund and sent the rest (roughly 40% of the total supply) to a dead burn address, drastically reducing the active supply and sparking early price rallies.
• All-Time High (October 2021): SHIB surged dramatically, reaching its all-time high of $0.00008845 on October 27, 2021, fueled by retail FOMO and major exchange listings.
• Ecosystem Expansion: The project expanded beyond a pure meme token to develop a decentralized exchange (ShibaSwap), a governance token (BONE), and its own layer-2 blockchain (Shibarium).
• Recent Market Standing (2026): Circulating supply sits around 589 trillion tokens, with SHIB trading generally in the sub-$0.00001 range (moving around $0.000005–$0.000006).$SHIB