$SHIB (Shiba Inu) is a decentralized cryptocurrency and meme token created in 2020 by Ryoshi. It is named after the Shiba Inu dog breed and is often referred to as the "Dogecoin Killer." $SHIB is built on the Ethereum blockchain and has a total supply of 1 quadrillion tokens.

Here are some key points about $SHIB:

- Fast and low-cost transactions

- Highly liquid and tradable

- Strong community support

- Listed on major cryptocurrency exchanges

- Often used for tipping and micropayments

- Volatile market price due to its meme status and market speculation

Remember, investing in cryptocurrency carries risks, and it's essential to do your own research and consider your risk tolerance before investing in $SHIB or any other cryptocurrency.

The current market capitalization of Shiba Inu (SHIB) is estimated to be between $13.14 billion and $15.32 billion ¹ ². Please note that the market capitalization of SHIB can be highly volatile and subject to rapid fluctuations. For the most up-to-date information, it's advisable to consult a reliable cryptocurrency tracking website.