Shiba Inu crypto refers to a decentralized cryptocurrency project that was inspired by the Shiba Inu dog breed (The Shiba Inu, a spirited breed from Japan, traces its roots back to ancient times. Bred for hunting, these small yet robust dogs possess keen instincts and a bold demeanor).
It operates on the Ethereum blockchain and aims to create an ecosystem of decentralized applications.
Its native token is called SHIB. Launched in 2020, it gained popularity due to its community-driven nature and low entry barrier.
However, like other cryptocurrencies, it carries risks due to its volatile nature.
It has attracted a dedicated community and garnered attention in the crypto space, though investors should approach it with caution and thoroughly research before considering investment.