You will notice that some hosting provider give you a free Dedicated IP and some other give it for a fee, but what is the difference between Dedicated IP and Shared IP?
As is evident from the name
Shared IP address: means that a number of sites share the same IP address.
Dedicated IP address: this means that the site has its own IP address. If you type your site URL or IP, the browser will go to your site itself.
For example, such as the difference between the Landline Telephone and the Mobile.
The Landline Telephone that is in the house, this line is shared by all members of the family, and all family members can use it, and that will be like a Shared IP.
The Mobile will be for only you, and anyone who calls you, only you’ll answer, and that will be like a Dedicated IP.