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Shiba Inu (SHIB), a digital currency built on the Ethereum network, started as a joke or "meme coin" similar to Dogecoin, but quickly gained significant popularity and adoption in the cryptocurrency community.
Here are some basic facts about it:
🔹 Overview of SHIB:
Full Name: Shiba Inu
Symbol: SHIB
Type: Meme Coin
Platform: Ethereum (ERC-20 Token)
Launch Date: August 2020
Founder: An unknown person using the pseudonym "Ryoshi"
🔹 Key Features of Shiba:
Massive Supply: It has trillions of coins, making its price very low per unit.
Large Community: It enjoys wide support on social media, especially from retail investors.
Additional Projects:
Decentralized Exchange: ShibaSwap
Additional Tokens: LEASH and BONE
SHIB Project: The Metaverse
🔹 Is it a good investment?
Shiba is highly volatile and should be approached with caution. Its price can be significantly affected by rumors and speculation online. If you are considering investing, make sure you understand the risks, and do not invest what you cannot afford to lose.
🔹 Current Price of Shiba:
Would you like me to check the current price of SHIB or future predictions? I can use the internet to fetch this live data. Would you like that?