About SHIBA INU

Shiba Inu (SHIB) was introduced in August 2020 by an anonymous creator called "Ryoshi." Originally designed as an experiment in decentralized community building, the project drew inspiration from the popularity of Dogecoin and aimed to enhance the concept by prioritizing community participation and decentralization. Unlike many other cryptocurrencies, SHIB started with an enormous total supply of one quadrillion tokens, which kept the individual token price low and contributed to its meme-like popularity. SHIB gained significant attention through its active community and was marketed as the "Dogecoin killer," attracting investors and social media influencers. A pivotal moment occurred in May 2021 when Ethereum co-founder Vitalik Buterin was gifted 50% of SHIB's supply. He chose to burn a l...