SOV Value Calculator
Calculate the current value of your Shib Original Vision (SOV) tokens and compare with Shiba Inu (SHIB) for context. SOV has a market cap of approximately $108,000 (as of late 2023) and trades at $0.000000000845 per token.
Value Calculation
SOV vs SHIB Comparison
SOV price: $0.000000000845 per token
SHIB price: Approximately $0.000003 per token
SHIB market cap: ~$3 billion
SOV market cap: ~$108,000
Shib Original Vision (SOV) isn’t just another crypto coin. It was born out of frustration - a direct reaction to what some members of the Shiba Inu community saw as a betrayal of the original spirit of $SHIB. Launched on March 28, 2023, by a group called Karma DAO, SOV was built with one clear mission: to fix what they believed was broken in the Shiba Inu ecosystem. They claimed $SHIB had drifted away from its roots - away from fairness, away from community control, and into the hands of centralized players. SOV promised to bring it all back.
How SOV Was Distributed - The Big Airdrop
The most talked-about part of SOV’s launch wasn’t a whitepaper or a fancy roadmap. It was the airdrop. Karma DAO didn’t sell tokens. They didn’t do a private sale. They didn’t reserve tokens for founders or investors. Instead, they gave 80% of the entire SOV supply - that’s 160.5 trillion tokens - directly to active $SHIB wallet holders. To qualify, you had to have moved $SHIB on-chain in the last 30 days. No exceptions. No middlemen. If you held and used $SHIB, you got SOV. About 277,000 wallets qualified. It was one of the largest airdrops ever, and it was designed to be perfectly equal: every qualifying wallet got the same amount.This wasn’t just a giveaway. It was a statement. While $SHIB’s supply of one quadrillion tokens includes massive holdings locked in wallets controlled by exchanges and early investors - even Vitalik Buterin’s burned wallet - SOV made sure no single entity could control the majority. The remaining 20% was set aside for exchange listings and community governance, managed by a group called the Inu Economic Forum - 59 Karma DAO members who would vote on future moves.
Tokenomics: Numbers That Tell a Story
SOV’s total supply is 200.59 trillion tokens. As of late 2023, about 106 trillion were in circulation. That might sound huge, but here’s the catch: the price per token was around $0.000000000845. That’s less than a billionth of a cent. Multiply that by 106 trillion, and you get a market cap of roughly $108,000. Compare that to $SHIB’s $3 billion market cap, and you see how tiny SOV really is.Trading volume? Almost zero. CoinMarketCap showed $0 in 24-hour volume. That means almost no one was buying or selling. Only about 3,500 wallets held SOV. For reference, $SHIB has over 1.2 million holders. SOV wasn’t just small - it was nearly invisible in the broader market.
The Bonding Mechanism - A Failed Experiment
In May 2023, SOV tried something new: a bonding feature through Bond Protocol. The idea was simple. Users could trade $SHIB for SOV at a 40% discount. The $SHIB they gave up would then be used to buy back SOV from the open market, theoretically pushing its price up. It sounded smart. It sounded like a way to create real value.But it didn’t work. Very few people used it. With almost no trading activity, there was no market to buy back into. The mechanism collapsed under its own weight. No liquidity meant no price pressure. No price pressure meant no reason for others to join. The bonding feature became a footnote - a well-intentioned idea that never got off the ground.
Why SOV Struggled - No Utility, No Momentum
SOV didn’t have a blockchain. It didn’t have a Layer-2 solution like Shibarium. It didn’t have NFTs, games, or DeFi protocols. It was just an ERC-20 token with a story. And stories don’t move markets without execution.Meanwhile, $SHIB kept building. It launched Shibarium. It partnered with payment processors. It got listed on Binance, Coinbase, Kraken. It had developers, marketing, and a global community. SOV had a group of 59 people voting on Discord. That’s not enough.
Even the name was a problem. Calling it “Original Vision” implied that $SHIB had lost its way. That didn’t sit well with millions of $SHIB holders who never felt betrayed. Why would someone switch from a coin with real infrastructure to a coin with zero trading volume and no clear purpose?
Where SOV Stands Today - A Ghost Token
As of November 2025, SOV is effectively dead. No new updates. No team announcements. No exchange listings beyond Bitget. No trading volume. No community buzz. The price is stuck at pennies per trillion tokens. CoinCheckup’s forecast predicted a 25% further drop by this date - and that’s if it even moves.It’s not a scam. There’s no evidence of fraud. But it’s also not a project. It’s a moment - a protest that never gained traction. The airdrop was real. The distribution was fair. But without a plan beyond that, SOV became a ghost coin. A relic of a community dispute that the wider crypto world chose to ignore.
Should You Buy SOV?
If you’re looking to invest, the answer is no. SOV offers no utility, no roadmap, and no liquidity. You can’t sell it easily. You can’t use it. You can’t earn from it. Even if the price goes up tomorrow, there’s no one to buy it from you tomorrow after that.If you’re a collector of crypto history - the kind of person who keeps old memecoins as digital artifacts - then maybe. But treat it like a museum piece, not an investment.
SOV’s real lesson isn’t about tokens. It’s about community. You can’t fix a broken ecosystem by launching another token. You fix it by working within it. $SHIB had its flaws. But it also had scale, developers, and real users. SOV had passion. But passion without execution doesn’t build value - it just creates noise.
What is Shib Original Vision (SOV)?
Shib Original Vision (SOV) is a memecoin launched in March 2023 by Karma DAO as a community-driven alternative to Shiba Inu ($SHIB). It was designed to restore what its creators saw as the original values of fairness and decentralization in the Shiba ecosystem. SOV was distributed via airdrop to active $SHIB holders, with 80% of its supply given out equally to qualifying wallets. It has no pre-sale, no team allocation, and no centralized control.
Is SOV better than $SHIB?
No, SOV is not better than $SHIB in any practical sense. $SHIB has real infrastructure - Shibarium, exchange listings, partnerships, and millions of users. SOV has none of that. While SOV’s distribution model was fairer at launch, it never built anything beyond the airdrop. $SHIB continues to grow. SOV has been inactive since mid-2023.
Can you still buy SOV today?
Yes, but only on a few small exchanges like Bitget. It’s not listed on Coinbase, Binance, or Kraken. Trading volume is effectively zero, meaning it’s nearly impossible to buy or sell without drastically moving the price. Most holders are stuck with tokens they can’t easily cash out.
Why did SOV fail?
SOV failed because it had no plan after the airdrop. It didn’t build technology, attract developers, or create use cases. It relied entirely on narrative - claiming $SHIB was corrupt - but most of the $SHIB community didn’t agree. Without utility, liquidity, or ongoing development, it became a ghost token with no buyers, no sellers, and no future.
Is SOV a scam?
No, SOV is not a scam. There’s no evidence of theft, rug pull, or hidden team allocations. The airdrop was real and transparent. But it’s also not a viable project. It’s a failed experiment - a well-intentioned but ultimately pointless protest that never gained traction in the real crypto world.
How many people hold SOV?
As of late 2023, only about 3,500 wallets held SOV. That’s less than 0.3% of the number of $SHIB holders. With no trading volume and no new activity, that number has likely shrunk since then as people gave up on the token.
What’s the current price of SOV?
As of November 2025, SOV trades at around $0.000000000845 per token. That’s less than a billionth of a dollar. With a market cap under $250,000 and zero trading volume, the price is meaningless - it’s not driven by demand, just by the few remaining holders holding on.
Does SOV have a roadmap?
No. After the airdrop and the failed bonding mechanism in May 2023, there have been no updates, no announcements, and no new features. The Inu Economic Forum has been silent. SOV has no roadmap - only a past.
6 Comments
Puspendu Roy Karmakar
SOV was never about making money-it was about saying, 'Hey, we still believe in the original dream.' I get why people wrote it off, but sometimes the most beautiful things in crypto aren’t the ones that pump, they’re the ones that try.
SARE Homes
Oh my GOD, this is the most naive, romanticized garbage I’ve read all week!! You call this 'philosophy'? It’s a glorified Discord rant with a token attached!! 3,500 wallets?? ZERO VOLUME?? IT’S A DIGITAL GRAVEYARD!!
Rachel Thomas
lol so what? shib had a billion holders and still got rug pulled by its own devs. sov at least tried to be fair. now shut up and let the ghosts rest.
Felicia Sue Lynn
There’s something profoundly poetic about a movement that refuses to monetize its ideals. SOV didn’t fail because it was flawed-it failed because the world no longer believes in decentralized purity. We’ve turned community into a product, fairness into a marketing tactic, and passion into a token sale. SOV was a mirror. And most people didn’t like what they saw.
It’s not about utility. It’s about principle. We don’t need another layer-2 or another NFT collection-we need to remember why we got into crypto in the first place. Was it for returns? Or was it for something more?
The fact that 277,000 people got an equal share without a single insider getting an advantage… that’s rare. That’s sacred. And now, it’s buried under memes and market caps.
Maybe SOV’s real legacy isn’t its price. Maybe it’s the quiet reminder that sometimes, doing the right thing doesn’t mean winning. It just means showing up.
And in a world that rewards noise, that’s the quietest rebellion of all.
Evelyn Gu
I just… I can’t stop thinking about how many people held SHIB for years, traded it, joked about it, bought dog food with it, and then suddenly someone says, 'You betrayed the vision'-and they’re like, 'Wait, what vision? I just liked the dog.' I mean, I get the anger, I really do, but… the whole thing felt like someone yelling at a crowd at a concert because they didn’t sing the right lyrics. The crowd wasn’t there for the lyrics-they were there for the vibe. And SOV? SOV was trying to turn a party into a philosophy seminar.
And now? It’s just… silent. No one’s talking about it. No one’s updating it. No one’s even trying to fix it. It’s like someone built a beautiful garden in the middle of a highway and then walked away, hoping the cars would stop and admire it. But the cars? They just kept driving.
I don’t hate SOV. I kind of admire it. It’s like a handwritten letter in a world of AI-generated spam. It’s messy. It’s impractical. It’s probably worthless. But it meant something. And maybe… that’s enough.
Shelley Fischer
While SOV’s distribution model was ethically commendable, its structural deficiencies rendered it economically nonviable. The absence of utility, liquidity, and developmental roadmap renders it functionally inert. The bonding mechanism’s collapse underscores a fundamental misunderstanding of market dynamics: value is not conferred by moral intent but by participation and exchange. To label it a 'ghost coin' is accurate; to romanticize it as a 'protest' is to confuse symbolism with substance.
One cannot build a decentralized ecosystem on grievance alone. $SHIB, despite its flaws, demonstrated adaptability, scalability, and developer engagement-qualities SOV conspicuously lacked. The failure of SOV is not a tragedy of capitalism; it is a lesson in execution.