Known as a meme coin and inspired by Dogecoin, this coin operates on the Ethereum network and was first created in 2020 by an anonymous figure named Ryoshi. Shiba Inu was initially considered just a joke but has grown into a serious project with a broad ecosystem such as ShibaSwap, which is a decentralized exchange platform. In addition, there are derivative tokens like LEASH and BONE that serve different functions within its ecosystem.


The Shiba Inu community, called ShibArmy, is very active in promoting this project on social media, which has rapidly increased its popularity and even made it viral across various platforms. Support from famous figures like Elon Musk also often influences price movements, although not always directly.
Shiba Inu is also beginning to develop real utilities such as an NFT marketplace, blockchain-based games, and plans for a metaverse that #IsraelStrikesIranBTCPlunges
SHIB-0.7%
DOGE0.3%
ETH0.13%
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