Shiba Inu (SHIB) is a decentralized cryptocurrency created in August 2020 as an experiment in community-driven projects. It is an ERC-20 token on the Ethereum blockchain and gained popularity as a "Dogecoin killer" due to its meme-inspired branding featuring the Shiba Inu dog. Unlike Dogecoin, SHIB has a more complex ecosystem, including other tokens like LEASH and BONE, as well as the ShibaSwap decentralized exchange. The project aims to support a vibrant community and decentralized finance (DeFi) applications. Despite its meme origins, SHIB has attracted serious investor interest and built a loyal following in the crypto space.
