Shiba Inu Coin (SHIB) is a decentralized cryptocurrency that emerged in August 2020 as an Ethereum-based ERC-20 token. Often referred to as the "Dogecoin Killer," Shiba Inu started as a meme coin inspired by the Shiba Inu dog breed but has since evolved into a significant project in the crypto world with a growing ecosystem.
• Shiba Inu was launched with a total supply of 1 quadrillion tokens.
• 50% of the initial supply was sent to Ethereum co-founder Vitalik Buterin. He burned most of the tokens (410 trillion SHIB) by sending them to a dead wallet and donated the rest to charity.
•SHIB is accepted as payment by some merchants and platforms.