$BTC $BNB What is Shiba Inu? (SHIB)

Shiba Inu (SHIB) is a meme token that started as a fun coin and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated to Vitalik Buterin's Ethereum wallet.

As a result, Vitalik was able to donate 10% of his SHIB to a COVID-19 relief fund in India, and the other 40% was burned forever. At that moment, this donation was equivalent to USD 1 billion, which ended up being one of the largest donations in history.

What is the Shiba Inu community working on right now? The Shiba Inu team launched a decentralized exchange called Shibaswap, with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token used to provide incentives on Shibaswap. BONE is the governance token for holders to vote on proposals in the Doggy DAO.