Shiba Inu is a memecoin, launched by an anonymous founder called Ryoshi, that aims to be the Ethereum-based alternative to Dogecoin. 

Shiba Inu (SHIB) is an ERC-20 token that operates on the Ethereum blockchain. The token was created with the intention of being a decentralized community project, similar to Dogecoin, and has gained a significant following in the cryptocurrency community. It is named after the Shiba Inu dog breed, which is also the mascot of Dogecoin.

One of the unique features of SHIB is its large supply, with a total supply of 1 quadrillion tokens. This means that each token has a very small value, making it accessible to a wide range of investors. SHIB also has a deflationary mechanism built into its smart contract, which automatically burns a portion of each transaction fee. This means that the supply of SHIB will decrease over time, increasing its value.

SHIB can be traded on various cryptocurrency exchanges, and can also be used to pay for transaction fees on the Ethereum network. The ShibaSwap exchange, which was launched in July 2021, allows users to trade various tokens and provide liquidity pools for yield farming.

SHIBShiba Inu

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