Shiba Inu (SHIB) is an Ethereum-based cryptocurrency that includes the Shiba Inu dog. SHIB is considered by numerous individuals to be an option in contrast to Dogecoin.

In any case, the Shiba Inu coin was made to be the "Dogecoin executioner."  SHIB is a meme coin dependent on the Japanese Shiba Inu dog.

The meme coins are normally sent off as an inside joke rather than as advanced items with genuine utility despite the fact that Dogecoin has been around starting around 2013.

Shiba Inu was sent off in August 2020 by an unknown individual or gathering called Ryoshi.

As per the 28-page whitepaper or woof paper, the objective of Shiba Inu's maker was to create some distance from the unbending social designs and conventional mentality.

Shiba Inu is intended to be a test in decentralized unconstrained local area building" and to give power back to the normal individual.