$0.00000496down 1.58%₹0.00047095
Market cap
$2.92B
Volume (24h)
$72.8M
24h change
down 1.58%
Price in INR
₹0.00047095
No analyzed Shiba Inu news this week
Stories that mention this coin will appear here once they're analyzed.
Shiba Inu (SHIB) is a meme token launched in 2020 on Ethereum, named after the dog breed made famous by Dogecoin. Its community has since built a wider ecosystem around it, including its own layer-2 network.
Explain Shiba Inu like I'm a beginner →Like most meme coins, its price depends heavily on social media attention and community sentiment rather than cash flows, so it can rise and fall very quickly.
We analyze recent news stories with AI and average the sentiment scores of stories that mention the coin over the last 24 hours. It reflects the tone of the news, not a price prediction.
Gains from selling or swapping Shiba Inu are taxed at a flat 30% plus 4% cess, a 1% TDS may be deducted on sales, and losses can't be set off against other income. Use our India crypto tax calculator for an estimate.