Shiba Inu is a meme token launched in 2020 that grew into a large ecosystem with its own layer-2 network, Shibarium. SHIB is community-driven and high-risk, popular for small speculative buys.
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Shiba Inu launched in 2020 as a meme token styled after Dogecoin, built as an ERC-20 token on Ethereum. A large initial supply was sent to Ethereum co-founder Vitalik Buterin, who burned most of it and donated the rest, a moment that became part of the token's lore and helped it gain attention.
Unlike a pure joke coin, Shiba Inu grew a real ecosystem. It now includes a decentralized exchange (ShibaSwap), additional tokens such as BONE and LEASH, and Shibarium, a layer-2 network designed to make transactions cheaper and to burn SHIB through fees.
SHIB has an enormous supply measured in the hundreds of trillions, so its per-token price is a tiny fraction of a cent. The community actively burns tokens to reduce supply over time, though the amounts are small relative to the total. Its value is driven heavily by sentiment and community momentum.
SHIB is listed on most major exchanges and is easy to buy with fiat, which is why it is a common first speculative purchase. It is a high-risk, volatile asset and should be treated as money you can afford to lose.
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Shiba Inu is a meme token launched in 2020 on Ethereum that has grown into a wider ecosystem, including the Shibarium layer-2 network. SHIB is community-driven and highly speculative.
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