Shiba Inu (SHIB) Price in India Today

Live SHIB/INR rate • Updated every 60 seconds • May 2026 • Miningminds

Live
SHI
Shiba Inu
SHIB • Meme Token
₹0.000604 +0.32%
Price in Indian Rupees • Refreshes every 60 seconds
USD Price
$0.000006
Market Cap
₹35,593.83 Cr
24h Volume
₹1,469.16 Cr
CMC Rank
#31
Updated
06 May 2026, 21:18 IST

Shiba Inu Price Chart (USD) — Live

Chart shows SHIB/USDT price. Live INR price is shown in the price card above.

Shiba Inu Key Statistics

Market Cap Rank
#31
All-Time High (INR)
₹0.006458
28 Oct 2021
Circulating Supply
589,243,357,157,797 SHIB
Category
Meme Token
Founded
2020
Consensus
Ethereum PoS (ERC-20 token)

Shiba Inu Price in India — Last 7 Days

DateSHIB Price (INR)Change
Wed, 06 May₹0.000604—
Wed, 06 May₹0.000603-0.22%
Tue, 05 May₹0.000589-2.26%
Mon, 04 May₹0.000586-0.60%
Sun, 03 May₹0.000595+1.61%
Sat, 02 May₹0.000595-0.06%
Fri, 01 May₹0.000590-0.86%
Thu, 30 Apr₹0.000585-0.87%

Historical daily closing prices. Source: CoinGecko. For informational purposes only.

Shiba Inu Tax in India (2026)

30%
Flat tax on all SHIB profits
Section 115BBH
1%
TDS on every sale above ₹10,000
Section 194S
0%
Loss offset not allowed — cannot carry forward

Report all VDA income under Schedule VDA in ITR-2 or ITR-3. The 1% TDS deducted by exchanges is advance tax — it is credited against your 30% liability at filing. Consult a CA for your specific situation.

What is Shiba Inu (SHIB)?

The Dogecoin killer — now a full DeFi and metaverse ecosystem.

Shiba Inu is an Ethereum-based meme token launched in August 2020 by an anonymous developer known as "Ryoshi." Initially dubbed the "Dogecoin Killer," SHIB has evolved far beyond a meme — the Shiba Inu ecosystem now includes a DEX (ShibaSwap), an NFT collection (Shiboshi), a metaverse (SHIB: The Metaverse), and a Layer-2 blockchain called Shibarium.

SHIB gained global attention in 2021 when it surged over 40,000,000% in price. In India, SHIB is one of the most held crypto tokens due to its low per-token price (making it accessible to first-time investors who want to hold millions of tokens). The Shiba Inu ecosystem continues expanding with regular burns to reduce the 1 quadrillion initial supply.

Founder: Ryoshi (anonymous)  |  Founded: 2020  |  Max Supply: 1,000,000,000,000,000 SHIB (1 quadrillion)
Key Use Cases:
  • Speculative trading
  • ShibaSwap DEX trading
  • SHIB Metaverse land
  • NFTs (Shiboshi)
  • Shibarium L2 ecosystem

How to Buy Shiba Inu in India

1
Choose a Registered Exchange
Pick a SEBI/FIU-registered Indian exchange — CoinDCX, WazirX, ZebPay, or CoinSwitch Kuber are the most trusted and liquid.
2
Complete KYC Verification
Upload your Aadhaar card, PAN card, and a live selfie. Verification is fully online and usually completes within 24 hours.
3
Deposit INR into Your Account
Fund your account via UPI, IMPS, or NEFT bank transfer. Most platforms have no deposit fee and a minimum of ₹100.
4
Search & Buy SHIB
Find Shiba Inu on the exchange, enter the INR amount you want to invest, check the current SHIB/INR rate, and confirm your purchase.

Best Exchanges to Buy Shiba Inu in India

ExchangeTrading FeePayment MethodsMin DepositStatus
CoinDCX0.2% / 0.2%UPI, IMPS, NEFT₹100✓ FIU Registered
WazirX0.2% / 0.2%UPI, IMPS, NEFT₹100✓ FIU Registered
ZebPay0.15%–0.25%UPI, Bank Transfer₹100✓ FIU Registered
CoinSwitch0.0%–0.5%UPI, Debit Card₹100✓ FIU Registered

Frequently Asked Questions — Shiba Inu Price India

What is the Shiba Inu price in India today?+
The live Shiba Inu (SHIB) price in India right now is ₹0.000604 INR. This rate is fetched directly from global crypto markets and refreshes automatically every 60 seconds on this page.
Is Shiba Inu legal to buy in India?+
Yes. Buying, selling, and holding Shiba Inu (SHIB) is completely legal in India. The Government of India classifies it as a Virtual Digital Asset (VDA) under the Income Tax Act, 1961. It is regulated — not banned — and is available on all major FIU-registered Indian exchanges.
How is Shiba Inu taxed in India in 2026?+
In India, all Shiba Inu profits are subject to a flat 30% tax under Section 115BBH — regardless of how long you held the asset. Additionally, 1% TDS is deducted at source under Section 194S on every qualifying transaction. You cannot set off SHIB losses against other income or carry them forward. Report all VDA transactions under Schedule VDA in your ITR-2 or ITR-3.
Where can I buy Shiba Inu in India safely?+
You can buy Shiba Inu (SHIB) on India's top FIU-registered exchanges: CoinDCX, WazirX, ZebPay, and CoinSwitch Kuber. All support INR deposits via UPI, IMPS, NEFT, and debit card. Complete your KYC (Aadhaar + PAN) before trading.
What is the minimum amount to invest in Shiba Inu?+
You can start investing in Shiba Inu with as little as ₹100 on most Indian exchanges. You do not need to buy a full SHIB — all platforms support fractional purchases, so you can own a small fraction of a coin.
What makes Shiba Inu different from other cryptocurrencies?+
The Dogecoin killer — now a full DeFi and metaverse ecosystem. Shiba Inu is an Ethereum-based meme token launched in August 2020 by an anonymous developer known as "Ryoshi." Initially dubbed the "Dogecoin Killer," SHIB has evolved far beyond a meme — the Shiba ...
Is Shiba Inu a good investment for Indian investors in 2026?+
Shiba Inu is a high-risk, high-volatility digital asset. Some Indian investors include SHIB in their portfolios as part of a diversified crypto strategy. Key factors to consider: the 30% flat tax on profits, 1% TDS on every transaction, and Shiba Inu's market cap rank (#31). Never invest more than you can afford to lose, and consider consulting a SEBI-registered financial advisor. This page is for informational purposes only.

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DisclaimerThis page is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency investments are highly volatile and risky. Past performance is not indicative of future results. Always conduct your own due diligence and consult a SEBI-registered financial advisor before investing. Miningminds is not responsible for any investment losses.
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