Shiba Inu Definition and Statistics

Shiba Inu (SHIB), commonly known as Shiba Token, is a decentralized cryptocurrency launched by an unknown person known as “Ryoshi” in August 2020. ” DOGE Killer” is a fictional character. As of November 2021, the coin was released after Dogecoin and has a market valuation of nearly $2.4 billion. The price is quite low, allowing users to “purchase billions or even trillions” of Shiba Tokens, which are now in circulation in the amount of 550 trillion.