Here’s an summary about Shiba Inu (SHIB):
Shiba Inu (SHIB) is a meme cryptocurrency launched in August 2020 as a decentralized, community-driven token inspired by Dogecoin. Built on Ethereum (ERC-20), it features a 1 quadrillion initial supply, with 40% burned by Vitalik Buterin in 2021 . SHIB powers the ShibaSwap DEX, alongside ecosystem tokens LEASH (scarce) and BONE (governance) . Known as the "Dogecoin Killer," SHIB gained traction via viral hype and Elon Musk’s tweets, peaking at **$0.000086** (2021) . Despite volatility, it remains a top **meme coin** with a **$8B market cap** (2025) .
