Shiba inu, which is known informally as a shiba token, is the decentralized cryptocurrency created in August 2020 by the unknown person known as ryoshi.
Original source ryoshi
shiba inu (柴犬) is a japan term for a breed of dog; it is the dog that is depicted in Dogecoin's symbol, which itself was originally a joke cryptocurrency based on the doge meme.
Shiba Inu was created in August 2020, modeled off Dogecoin another cryptocurrency, by the anonymous guys, founder known as Ryoshi.On 13 May, vitabalik Buterin donated more than 50 trillion SHIB (worth over $1 billion at the time) to the India COVID-Crypto Relief Fund.
The cryptocurrency notably surged in early October 2021. Initially up over 55% after rumours of the launch of a decentralized exchange,its value continued rising with an increase of 240% over the week.
