Shiba Inu (SHIB) is a cryptocurrency named after the Shiba Inu dog breed that gained fame as a meme coin.
Its popularity soared due to its association with Dogecoin and Ethereum founder Vitalik Buterin’s holdings.
The Shiba Inu coin, SHIB, operates on the Ethereum blockchain with unique tokenomics, including a large supply and burning mechanism to increase scarcity.
While SHIB is primarily a speculative asset, the Shiba Inu ecosystem has grown to accommodate use cases and utility for the coin.
