Shiba Inu (SHIB) – Quick Summary (July 2025)
Type: Meme coin (ERC-20, Ethereum-based)
Current Price: ~$0.00001179
Highlights:
Inspired by Dogecoin but with its own ecosystem
Uses the Shibarium Layer-2 blockchain for faster, cheaper transactions
Upcoming AI-driven updates teased by lead dev (Shytoshi Kusama)
Gaining momentum due to increased development and exchange activity
Pros:
Strong community (“ShibArmy”)
Expanding utility (DeFi, NFTs, Metaverse, AI)
Potential for price growth in the short and long term
Risks:
High volatility
Massive token supply
Speculative investment—not for risk-averse investors$SHIB