#Liquidity101

Shiba Inu (SHIB) is a meme-based cryptocurrency launched in August 2020 by an anonymous creator known as "Ryoshi." Branded as the “Dogecoin killer,” SHIB runs on the Ethereum blockchain as an ERC-20 token and gained rapid popularity through social media hype and its massive circulating supply—over 589 trillion tokens.

Unlike some meme coins, SHIB has attempted to build real utility within its ecosystem. It includes ShibaSwap, a decentralized exchange, and additional tokens such as LEASH and BONE that support governance and liquidity. SHIB also has plans for integration into the metaverse and gaming sectors through Shibarium, its Layer 2 blockchain solution designed to reduce transaction costs and improve scalability.

Despite its playful origins, SHIB has developed a strong and active community known as the “Shib Army.” This engagement, coupled with listings on major exchanges and occasional celebrity endorsements, has contributed to its price surges. However, it remains highly volatile and speculative, with a market largely driven by sentiment rather than fundamentals.

While SHIB has shown efforts to evolve beyond its meme coin roots, its long-term success depends on execution, adoption of its ecosystem, and sustained developer activity. Investors should be aware of its high-risk, high-reward profile.