#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.