$SHIB Shiba Inu is a decentralized cryptocurrency launched in 2020 as an Ethereum-based meme coin inspired by Dogecoin. Created by an anonymous founder known as Ryoshi, SHIB quickly gained popularity through strong community support called the “SHIB Army.” Unlike Bitcoin, SHIB runs on the Ethereum blockchain, enabling smart contracts and decentralized applications. The ecosystem includes tokens like LEASH and BONE, plus ShibaSwap, its decentralized exchange. Developers are also building Shibarium, a Layer-2 scaling solution to reduce fees and improve speed. SHIB is highly volatile and largely community-driven, making it both high-risk and speculative for investors in the crypto market.
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