Shiba Inu (SHIB), a cryptocurrency invented based on Dogecoin’s success, continues to be a top contender on the digital asset front. With a multi-billion dollar market cap and millions of holders around the globe, SHIB has transformed into a full-blown crypto-community cultural movement. HashJ recently introduced SHIB-focused contracts, unlocking thrilling opportunities for investors. This development further emphasizes the increasing utility of the token and its strengthening market position.

As of July 30 2025, Shiba Inu is trading around $0.00001875 with a market cap of about $7.5 billion. With a market capitalization of approximately $270 billion and a 24-hour trading volume of $1.14 trillion, it continues to reflect its liquidity and overall investor interest. SHIB was launched with a total supply of 1 quadrillion tokens. An alarming amount of these tokens have been burned to create scarcity and increase value.

Originally created as a meme coin, Shiba Inu has transformed into a dynamic decentralized community. This transformation is powered by the ShibArmy, as this decentralized, passionate and incredibly engaged online community is known. This focus on hyperlocal communities has powered the token’s development and adoption.

In March 2023, the Shiba Inu development team released Shibarium. This Layer 2 blockchain solution is a promising solution to the high gas fees and slow transaction speeds that frequently affect the Ethereum network. Just like with Layer 3, Shibarium is heavily focused on improving usability. It opens doors for more decentralized applications (DApps) to be created within the Shiba Inu ecosystem. The platform has been steadily onboarding more third-party DApps and other projects to leverage the platform, increasing its functionality and overall appeal.

Shiba Inu’s ultra-low entry threshold means even inexperienced investors can buy-in, which has helped boost the altcoin’s appeal to a wider audience. Later in 2021, the introduction of ShibaSwap provided a significant enhancement to the token’s utility. Thanks to ShibaSwap, users can stake SHIB, swap cryptocurrencies, and earn passive income rewards!

HashJ recently launched SHIB-focused contracts. Thanks to the sophistication of the SHIB market, users can capitalize on market movements without having to commit extensive hours. This announcement comes on the heels of increased consumer demand for easier and more accessible investment tools across the cryptocurrency market.

According to his input, Shiba Inu’s popularity increases due to its availability on all major cryptocurrency exchanges, wallet integrations, and point-of-sale-sharing platforms. This large ecosystem increases SHIB’s liquidity and usability, making it easier for users to buy, sell and spend SHIB, driving demand.

The Shiba Inu ecosystem is still growing, including its own Shibarium Layer 2 blockchain, NFT projects and more payment integrations. This unique combination of initiatives pushes SHIB past the realm of a regular meme coin. By doing so, it reinforces its long-term sustainability and importance in the fast evolving world of cryptocurrency.

"New users receive a $118 gift package upon registration (including $100 contract trial credit and $18 cash)." - https://www.globenewswire.com/Tracker?data=Nv4IV4b76hMacch2Pdm88mNs7Tvkb-IXJ%5F5yFL-RuB3q1ZREGbsQ-qYvT1GbUotANyIF28JoRo3qB0yLjpHSD4mOFmn0Yr1iqMO1mFzoFH1APmfDBBPIW0w0i6wReWGgwA8BQNC5QxByUURCdS1bNB7YffoZi393N5KjymQDw6jyVqN0UIwzMGoaQqA1WNbYtE0C457hA7rauAJz%5FxcAloe3jpVPwGdKYwiwcU0oU2HyV2MVcseXCQUMP7HwJKK5FJ%5FbSQd7Ck0Ru62yHGkKcAGc0xAvd8T1jRgUGjk96al8lpu7gpPDp1sUzpcEQZv%5FUqvbY6YYWuFFj3QjRq4FxpaFvyPiVHjCTtKxNngaN6RBdsSNWEeCaC6UDOerOr%5FFIYwebAjVO8dr6ddOrY6WiBs5GydwIQw0nOD6iwfu%5FJOTKYCh3dVNte026sFH5R04NYF4FbBY0zrJgMFsVWihJqR1zrW6vduIvxqoaUL9P21gcLtOFbI39Y0E8oVXSjehjGNvFu5IctsRgBFrw7i8mg==

"Register and receive $18 and $100 sign up reward." - https://www.globenewswire.com/Tracker?data=UPwcf6jdJxszR54Os0oI3Hpj%5FYCmKrWRfS-7uOJUU8fYyVNr9A22dP20irHz5Gqt%5FB5vHZ3aFx1Ag9%5FzQjcG3kAd6T5kk1qaavZ9fYganJouzjaJD1omdTkMuiBiT1uv%5F1q8LIMMRyufC6FaQLopng==