Shiba Inu crypto, often referred to as SHIB, is a cryptocurrency inspired by the Shiba Inu dog breed and created in August 2020 by an anonymous person known as “Ryoshi.” It’s an ERC-20 token on the Ethereum blockchain and gained attention due to its similarities to Dogecoin. SHIB has garnered a significant following in the crypto community, with supporters drawn to its meme-like nature and potential for high returns. However, like all cryptocurrencies, it carries risks, including volatility and speculative investment behavior.
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