Articles

Is Shiba Inu Dead? What the Market Data Shows

Coinvote Research Desk

Por Coinvote Research Desk

Is Shiba Inu Dead? What the Market Data Shows

As of 2026-11-10, Shiba Inu is not dead in the literal sense: it ranks 38th by market cap and logged $47.4 million in 24-hour trading volume. It has faded, though, with the price down 56.5% over one year and 94.9% below its 2021 all-time high.

Key data

SHIB trades at $0.00000438 with a market cap of $2.58 billion, according to CoinGecko. A year ago the market cap stood at $5.98 billion, so the value of the whole token has fallen by more than half. The 30-day volume of $1.64 billion and the 24-hour volume of $47.4 million show that the token still changes hands every day.

The price moves are mostly downward over recent windows: -5.3% over 7 days, -20.4% over 30 days and -56.5% over one year. The one-year high was $0.00001015 on 2025-11-11, and the one-year low was $0.000004115 on 2026-07-17. The current price sits close to the bottom of that range and far from the top.

Against the record, the gap is wider still. The all-time high of $0.00008616 dates from 2021-10-27, and today's price is 94.9% below it. The market cap rank of 38 means SHIB remains among the larger tokens tracked, even after the decline.

Coinvote community data adds little for now. The coin was listed on 2026-11-10, and it has 0 votes and 0 comments, so there is no earlier period to compare. That absence reflects the recent listing, not a verdict on community interest.

Market data: CoinGecko, November 10, 2026.

MetricShiba Inu (SHIB)
Price$0.00000438
Market cap$2.58 billion
Market cap rank (CoinGecko)38
24-hour volume$47.4 million
30-day volume$1.64 billion
7-day change-5.3%
30-day change-20.4%
1-year change-56.5%
Market cap one year ago$5.98 billion
All-time high$0.00008616
All-time high date2021-10-27
Distance from all-time high-94.9%
Circulating supply589.24 trillion
Contract (verified on CoinGecko)Ethereum: 0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce

Coinvote community data

Coinvote votes and comments, November 10, 2026. Votes are one signal of community attention, not of value.

MetricShiba Inu (SHIB)
Total votes0
Votes, last 7 days0
Votes, last 30 days0
Comments (total)0
Comments, last 30 days0
Listed on Coinvote since2026-11-10

Live data: Shiba Inu on Coinvote · Best Meme Coins Today: Top Memecoins · Best Ethereum Meme Coins Today

What "dead" can mean for a meme coin

A token can be called dead for several different reasons: trading has stopped, the price has collapsed to near zero, the developers have left, or attention has moved elsewhere. These are separate conditions, and a coin can show one without the others. SHIB currently shows steady trading activity alongside a long, deep price decline, which fits the second description more than the first.

Meme coins also depend heavily on attention rather than on cash flows or usage fees. When attention shifts, volume and price tend to fall together, and the market cap shrinks without any change in the token's code. For that reason, volume, rank and price history are more useful than any single headline.

How SHIB's supply works and why burns matter little now

SHIB is an ERC-20 token on Ethereum, with a circulating supply of 589.24 trillion and a total supply of 589.50 trillion. Nearly all of the supply is therefore already in circulation, and the supply side holds no large pending release. CryptoTicker reported on 2026-11-01 that the Shibburn tracker lists 410,845,062,911,606 destroyed tokens, equal to 41.08% of the original supply of one quadrillion.

A burn happens only when someone sends tokens to an address that nobody controls. The protocol does not do this on its own. According to U.Today on 2026-08-16, Shibarium fees converted through ShibTorch feed part of the burning, and a community member described a few hundred million SHIB burned over a couple of weeks. CryptoTicker added that the tracker had no new entry after October 31 and that the prior seven days added up to 17.4 million tokens, a tiny fraction of the circulating supply. Burn headlines therefore say little about price pressure on their own.

What changed in the last 12 months

The past twelve months combine a steady slide in price with a few events around regulation, burning and holder counts. The entries below follow the dated figures and reporting.

  • Nov 2025: SHIB reached its one-year high of $0.00001015 on 2025-11-11, and the month closed at $0.000008533 with a market cap of $5.03 billion. (CoinGecko)
  • Mar 2026: A joint SEC and CFTC interpretive release, effective March 23, 2026, listed SHIB and Dogecoin among its examples of digital commodities. The SEC describes the release as an interpretation, not legislation. (U.S. SEC (Release No. 33-11412))
  • Jun 2026: The month closed at $0.000004255 with a market cap of $2.51 billion, down from $3.24 billion at the end of May. (CoinGecko)
  • Jul 2026: SHIB hit its one-year low of $0.000004115 on 2026-07-17, and the month closed at $0.000004717. (CoinGecko)
  • Aug 2026: According to U.Today, Shibarium was quiet but still fed burns through ShibTorch, and Etherscan figures put the holder count at 1,678,912. The same report said 130,282 holders had been added since the start of 2026. (U.Today)
  • Sep 2026: The month closed at $0.000005754 with a market cap of $3.39 billion, the highest month-end close since April 2026. (CoinGecko)
  • Oct 2026: CryptoTicker reported that the Shibburn tracker recorded no new entry after October 31, and that the preceding seven days added up to 17.4 million tokens. (CryptoTicker)
  • Nov 2026: The price stood at $0.00000438 on 2026-11-10, with a market cap of $2.58 billion and a 30-day change of -20.4%. (CoinGecko)
MonthSHIB close
Nov 2025$0.000008533
Dec 2025$0.000007096
Jan 2026$0.000007461
Feb 2026$0.000006128
Mar 2026$0.000005923
Apr 2026$0.000006159
May 2026$0.000005495
Jun 2026$0.000004255
Jul 2026$0.000004717
Aug 2026$0.000004956
Sep 2026$0.000005754
Oct 2026$0.000004802
Nov 2026$0.000004375

Last daily price of each month (CoinGecko); the latest month is still running.

Signs of life and warning signs

Signs of life

  • Trading volume was $47.4 million over 24 hours and $1.64 billion over 30 days, so buyers and sellers are still active.
  • The market cap of $2.58 billion places SHIB at rank 38 among tracked coins.
  • U.Today reported 1,678,912 holders in August 2026, with 130,282 added since the start of that year.
  • The SEC and CFTC release of March 2026 named SHIB among its examples of digital commodities.
  • According to U.Today, Shibarium still contributes to burns through ShibTorch, with a few hundred million SHIB removed over a two-week stretch in August.

Warning signs

  • The price is down 56.5% over one year and 94.9% below the 2021 all-time high.
  • The market cap fell from $5.98 billion a year ago to $2.58 billion today.
  • The 30-day change of -20.4% shows the decline has continued in recent weeks.
  • CryptoTicker reported that the burn tracker recorded no new entry after October 31, and that the prior week's burn was small next to the circulating supply.
  • The Coinvote page shows 0 votes and 0 comments, so there is no community signal to weigh yet.

How to read this

Volume and rank point to a token that is still traded, while price and market cap point to a token that has lost much of its earlier value. Both readings hold at once, which is why the word dead fits poorly. A more precise description is a large, liquid meme coin in a long decline from its peak.

Each signal has limits. Volume can include trading that reflects selling as well as buying, so a high figure does not mean rising interest. Holder counts can grow while the price falls. The Coinvote community data is a single signal, and with no votes or comments yet it cannot be read as support or opposition.

Meme coins are volatile, and past moves say nothing about what comes next. The figures here describe the position on 2026-11-10 and are refreshed monthly. For comparison with other tokens, the meme coin rankings and the list of Ethereum meme coins on Coinvote offer the same kind of data.

FAQ

What is the future of Shiba Inu?

The data cannot answer this, and nothing here projects a direction. It shows the current position: a $2.58 billion market cap, rank 38, and $1.64 billion in 30-day volume. It also shows a price 94.9% below the 2021 all-time high.

How many Shiba Inu coins are left?

The circulating supply is 589.24 trillion SHIB and the total supply is 589.50 trillion. According to CryptoTicker, the Shibburn tracker lists 410,845,062,911,606 destroyed tokens, or 41.08% of the original supply of one quadrillion.

Can Shiba Inu recover?

The data cannot say what the price does next. It records that SHIB closed September 2026 at $0.000005754 and October at $0.000004802, and that it traded at $0.00000438 on 2026-11-10. The one-year low was $0.000004115 on 2026-07-17.

Why is Shiba Inu crashing?

The decline is clear, but no single cause is documented. The price is down 5.3% over 7 days, 20.4% over 30 days and 56.5% over a year. CryptoTicker argued that price depends on demand, since burning is too small to move supply.

Sources

Last updated: November 10, 2026. By Coinvote Research Desk. This explainer describes public data and reporting; it is not financial advice, not a recommendation to buy, sell or hold any asset, and past price moves say nothing about future ones. Meme coins are highly volatile and can lose most or all of their value.


Otros artículos publicados recientemente

Six Firms Side With CFTC as Stock Perpetual Futures Face Court Test
Six Firms Side With CFTC as Stock Perpetual Futures Face Court Test

Crypto Market Analysis

Six companies, including Coinbase and Kalshi, petitioned a federal court to consider their defense o...

MARA Offloads 40% of Its Bitcoin to Clear Debt and Fund AI Push
MARA Offloads 40% of Its Bitcoin to Clear Debt and Fund AI Push

Bitcoin

Once the third quarter had closed, MARA Holdings disposed of 13,597 BTC for roughly $1.1 billion and...

Can Shiba Inu Reach $1 or 1 Cent? The Supply Math
Can Shiba Inu Reach $1 or 1 Cent? The Supply Math

Meme Coins

As of 2026-11-10, $1 for Shiba Inu implies a $589.24 trillion market cap at today's circulating supp...

Shiba Inu Burn Explained: Does Burning SHIB Change Anything?
Shiba Inu Burn Explained: Does Burning SHIB Change Anything?

Meme Coins

As of 2026-11-10, burning SHIB changes little mechanically. Tokens sent to dead addresses leave circ...

What Happened to Dogwifhat (WIF)?
What Happened to Dogwifhat (WIF)?

Meme Coins

As of 2026-11-10, dogwifhat (WIF) is not dead: it trades about $25.7 million a day at $0.1559 and ra...

Can PEPE Coin Reach $1? The Market-Cap Math
Can PEPE Coin Reach $1? The Market-Cap Math

Meme Coins

As of 2026-11-10, a $1 price for Pepe implies a market cap of $420.69 trillion at the circulating su...

Los criptoactivos son volátiles y de alto riesgo: puedes perder todo tu dinero. Coinvote es una plataforma informativa y comunitaria, no asesoramiento de inversión. Los rankings reflejan votos, y los listados promocionados son anuncios de pago. Descargo de responsabilidad Suplantación o eliminación de contenido