Shiba Inu (SHIB) is a meme-based cryptocurrency launched in August 2020 by an anonymous creator known as "Ryoshi." Inspired by Dogecoin and featuring the Shiba Inu dog breed, SHIB brands itself as the “Dogecoin killer.” It runs on the Ethereum blockchain and started as a decentralized, community-driven experiment. SHIB gained massive popularity due to viral internet trends, strong community support, and speculative trading. The Shiba ecosystem includes other tokens like LEASH and BONE, and a decentralized exchange called ShibaSwap. Despite its meme origins, SHIB aims to develop real utility, though it remains highly volatile and speculative in the crypto market.
