The Shiba Inu (SHIB) token surged over 37% within hours of Coinbase Pro announcing its relisting for trading—marking a major comeback after a nearly three-month absence from the platform. The move has reignited investor interest in the so-called "Dogecoin killer," reaffirming SHIB’s position as one of the most volatile and community-driven memecoins in the crypto space.
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SHIB Trading Restarts Amid High Demand
Coinbase Pro officially confirmed that SHIB deposits are now supported, and with sufficient liquidity met, trading pairs SHIB/USD and SHIB/USDT have been activated in phases. The price reacted swiftly: SHIB jumped from around $0.0000053 to a high of **$0.00000755**, closing the session near $0.00000731—a clear signal of strong market confidence following the exchange's endorsement.
During the initial relaunch window, Coinbase’s Twitter feed showed temporary toggling between limit-only and full trading modes. At one point, the platform briefly paused SHIB transactions due to technical issues related to receiving and sending the token. However, normal operations resumed shortly after, with no long-term disruptions reported.
A Rigorous Relisting Process
In its official statement, Coinbase emphasized a cautious, phased rollout strategy designed to ensure market integrity:
“Once there is sufficient supply of SHIB on the platform, our SHIB-USD and SHIB-USDT order books will be launched in three stages. If order flow does not meet our standards for a healthy and orderly market, we may keep markets in one state or suspend trading under our trading rules.”
This structured approach reflects Coinbase’s commitment to maintaining fair trading environments—even for highly speculative assets like SHIB. It also underscores the growing maturity of major exchanges in handling community-powered tokens prone to sudden volatility spikes.
From Meme to Market Force: The Rise of SHIB
Launched in August 2020 by an anonymous developer using the pseudonym Ryoshi, Shiba Inu was initially conceived as a decentralized community experiment inspired by Dogecoin’s popularity. But what set SHIB apart was a bold strategic decision: 50% of its total supply—500 trillion tokens—was sent to Ethereum founder Vitalik Buterin’s wallet.
Rather than cash out, Buterin donated 50 trillion SHIB to the India COVID-Crypto Relief Fund and burned the remaining 410 trillion, effectively removing nearly 90% of that half from circulation. This act not only boosted SHIB’s credibility but also triggered a massive wave of community trust and media attention.
Further fueling the hype, Elon Musk—Dogecoin’s most famous advocate—has repeatedly mentioned SHIB on social media, often with playful nods that send ripples across the crypto markets. His influence, combined with Buterin’s altruistic move, helped propel SHIB to an all-time high of $0.00003053 on May 10, 2025, cementing its status as more than just a meme.
The Three-Month Delay: What Happened?
In mid-June 2025, Coinbase announced that users in supported regions could begin transferring SHIB into their Coinbase Pro accounts ahead of an expected June 17 launch date for trading. The anticipation built quickly, with traders positioning themselves for potential gains.
However, just one day before go-live, Coinbase hit pause.
Citing technical challenges with SHIB’s deposit and settlement systems, the exchange suspended inbound transfers while allowing withdrawals to continue—ensuring users could exit safely if needed. While frustrating for eager investors, the decision highlighted the complexities involved in integrating large-volume memecoins with unique network behaviors.
The delay lasted nearly 90 days—an eternity in crypto time—but Coinbase used the period to refine infrastructure, improve monitoring tools, and prepare for sustained trading volume.
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Why This Relisting Matters
The return of SHIB to Coinbase Pro is significant for several reasons:
- Increased legitimacy: Being listed on a regulated, U.S.-based exchange adds institutional-grade validation.
- Improved liquidity: Professional traders now have access via a trusted platform with deep order books.
- Broader retail reach: Millions of Coinbase users can easily buy, sell, and hold SHIB without relying on decentralized exchanges.
- Market sentiment boost: Exchange listings often act as catalysts for renewed buying pressure.
Moreover, this event reinforces a broader trend: even assets born from internet culture are being evaluated through traditional financial lenses—liquidity depth, order book health, and network stability.
FAQs: Your Questions About SHIB and Coinbase Pro Answered
Q: Why did it take Coinbase Pro three months to relist SHIB?
A: The delay was due to unresolved technical issues involving SHIB’s deposit and transfer mechanisms. Coinbase prioritized system stability and market fairness, requiring additional time to ensure smooth integration before reopening trading.
Q: Is SHIB available on all Coinbase platforms?
A: Currently, SHIB is live on Coinbase Pro and accessible for advanced trading. Availability on the main Coinbase app may follow pending regulatory and technical reviews.
Q: Did Vitalik Buterin really burn most of his SHIB?
A: Yes. After receiving 500 trillion SHIB, Ethereum co-founder Vitalik Buterin donated 50 trillion to charity and burned the rest—removing approximately 41% of the total supply from circulation and significantly impacting scarcity dynamics.
Q: Can I trade SHIB/USDT on Coinbase Pro?
A: Yes. Both SHIB/USD and SHIB/USDT trading pairs are now active in phased rollout mode, subject to ongoing market condition assessments.
Q: How does Coinbase decide when to launch new trading pairs?
A: The exchange evaluates multiple factors including liquidity availability, network confirmations, security audits, and potential for orderly markets. For volatile tokens like SHIB, they use a multi-stage launch process to mitigate risk.
Q: Could SHIB reach new highs after this relisting?
A: While past performance doesn’t guarantee future results, renewed exchange support, strong community engagement, and growing ecosystem developments (like Shibarium Layer-2) suggest upward momentum is possible—if market conditions align.
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Looking Ahead: What’s Next for Shiba Inu?
Beyond exchange listings, the SHIB team continues developing its ecosystem. The Shibarium Layer-2 network aims to reduce transaction costs and enable NFTs, DeFi applications, and metaverse projects built on SHIB’s infrastructure. Combined with burn mechanisms and community-driven initiatives like ShibaSwap, the project is evolving beyond its meme origins into a more functional blockchain ecosystem.
Still, investors should remain cautious. Memecoins like SHIB are highly sensitive to social sentiment, celebrity mentions, and macroeconomic trends. While opportunities exist, so do risks.
As regulatory scrutiny increases and markets mature, tokens like SHIB will need to demonstrate sustainable utility—not just viral appeal—to maintain long-term relevance.
Keywords: Shiba Inu, SHIB price, Coinbase Pro listing, memecoin surge, cryptocurrency trading, Dogecoin killer, SHIB/USDT, crypto relisting