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Shiba Inu

SHIB#32 by market cap

Not covered. The criterion it missed: documentation found but no public code repository listed.

Shiba Inu is for dog-themed. We have not written its record yet, so its promises are not checked. It trades at $0.00000514, #33 of all coins by size, 94% below its highest ever price.

This week Nothing changed on its record.

No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #2 of 11 dog-themed coins. Nothing to be careful of on the record.

Is it real?

0 of 4tests passeda real job, real backing, something ahead, room to grow
1named backersGMCI 30 Index
5 yearson the marketsince 28 November 2020
818.54Kpeople watch iton CoinGecko lists
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0 of 4

  • A real-world jobDoes it say what problem it solves, in a category that is not a joke?
  • Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

In the GMCI 30 Index

  • Origin28 November 2020about about 5 yearsshibatoken.com, Whitepaper, Wikipedia
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
  • BackingIn the GMCI 30 IndexListed on Coinbase, Crypto.com, Kraken, Bitstamp
  • Standing on the recordNo recordNo dated promise to judge yet74 headlines last month, 12 about government818,536 people keep it on a CoinGecko watchlistNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Dog-Themed ($134.67M). To match the leader, Dogecoin ($12.86B), its price would need to rise 324%, to about $0.0000218.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • No named investor among its tags
  • Years younger than the group's leader

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#2of 11 dog-themed coinsthe typical one is worth $134.67M
$3.03Bworth todayprice × coins out
$134.67Mthe typical rival is worthDog-Themed
$12.86Bthe leader is worthDogecoin
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Dog-themed

75 coins tagged Dog-Themed, worth $17.3B together. #2 of 75 by worth.

Dog-Themed: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Shiba Inu$3.03Bthis coin−1.8%no maxno record
  • Dogecoin$12.86B4.2× bigger, +$9.83B−2.2%, gap −0.3no maxno record
  • Bonk$234.16M12.9× smaller, −$2.8B−3.0%, gap −1.2100% outno record
  • FLOKI$232.94M13.0× smaller, −$2.8B−2.3%, gap −0.448% out0 of 2 delivered
  • dogwifhat$179.84M16.9× smaller, −$2.85B−6.2%, gap −4.4100% outno record
  • coco$167.36M18.1× smaller, −$2.86B+0.4%, gap +2.3100% outno record
  • Dog (Bitcoin)$101.97M29.7× smaller, −$2.93B−6.7%, gap −4.9100% out1 of 16 delivered
  • Baby Doge Coin$68.06M44.5× smaller, −$2.96B−2.7%, gap −0.944% outno record
Same job, different how

Dog-Themed: this coin next to Dogecoin, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Shiba Inu says
Shiba Inu (SHIB) is a decentralized, community-led cryptocurrency ecosystem built on the Ethereum blockchain.
Dogecoin says
Dogecoin is an open-source digital currency based on the "Doge" meme that functions as a peer-to-peer medium for fast payments and digital tipping.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Shiba Inu (SHIB) is a decentralized, community-led cryptocurrency ecosystem built on the Ethereum blockchain. Originally launched as a meme-based project, it has evolved into a comprehensive financial ecosystem designed to offer a decentralized alternative to traditional banking.

Problem it says it solves: dog-themed. 75 coins are working on it and together they are worth $17,301,065,738. This coin is 18% of that.

Where it trades: Coinbase, Crypto.com, Kraken, Bitstamp, Binance

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Dog-Themed: this coin next to the group's largest, Dogecoin.

Shiba InuDogecoin
Years trading6 years13 years
Major exchanges911
Named backers00
Headlines, last month74168
Promises deliveredno recordno record

What it says is different: Shiba Inu (SHIB) is a decentralized, community-led cryptocurrency ecosystem built on the Ethereum blockchain. Originally launched as a meme-based project, it has evolved into a comprehensive financial ecosystem…

It is 23.6% the size of Dogecoin. On the facts above it is behind on years trading, major exchanges. For that gap to close, the record would need deliveries showing up in its record. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.00000514price of one−1.8% today
94%below its highest ever$0 on 27 October 2021
100%of the supply is out589.24T coins
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The last 7 days

7 days ago: $0.000005now: $0.00000514 (−4.5%)

Where today sits against its highest ever price

$0.00000514

Highest ever: $0.0000862 on 27 October 2021. Today is 6% of that.

100%

of all SHIB that will ever exist is already out in public hands: 589.24T coins.

0% (257.01B coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Nothing behind it but attention

No product needs it. Its worth is whatever buyers will pay today.

  • Nothing the project's own pages spell out.
$0.00000514price of one
×
589.24Tcoins out
=
$3.03Bworth today, #33 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 589.24Tin circulation of 589.5T total. No hard maximum is set, so more can be created.
  • 6%of its all-time high of $0.0000862 on 27 October 2021. That is −94.0% from the top.
  • #33by market cap, $3,030,785,101.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

74headlines, last monththat name this coin
12about governmentregulation, courts, central banks
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Headlines per day, last 30 days

74 headlines named this coin in the last month.

What they were about

  • Price19
  • ETF5
  • Unlock4
  • Whales4
  • Regulation3
  • AI2
  • Upgrade1
  • Treasury1
In the news
What people are talking about, last month:

74 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Not covered. The criterion it missed: documentation found but no public code repository listed.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy