Shiba Inu (SHIB): The Meme Coin with Serious Momentum

Introduction

Launched in August 2020, Shiba Inu (SHIB) made waves in the crypto world as a meme-inspired token aiming to rival Dogecoin — earning the nickname “Dogecoin Killer.” Created by the anonymous developer “Ryoshi,” SHIB rose to fame through viral buzz, a rock-bottom entry price, and the backing of a passionate community known as the #ShibArmy.

Tokenomics & Supply

Initial Supply: A massive 1 quadrillion SHIB tokens were minted at launch.

Token Burns: To increase scarcity and value, over 410 trillion tokens have been permanently burned.

Circulating Supply: Roughly 589 trillion SHIB tokens are still in circulation.

Market Cap: SHIB regularly ranks among the top 20–30 cryptocurrencies, driven by strong community support and consistent market interest

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