Shiba Inu (SHIB) is a decentralized cryptocurrency that gained popularity as a meme coin, inspired by Dogecoin and the Japanese dog breed of the same name. Created in August 2020 by an anonymous developer known as "Ryoshi," SHIB operates on the Ethereum blockchain as an ERC-20 token. Initially launched as a lighthearted alternative to Dogecoin, Shiba Inu has since developed its own ecosystem, including a decentralized exchange called ShibaSwap. The project has attracted a large and active community of supporters, often referred to as the "SHIB Army." Despite its origins as a meme, the Shiba Inu ecosystem has expanded to include additional tokens (LEASH and BONE) and aims to develop various decentralized finance (DeFi) tools and even an NFT platform. However, like many meme coins, SHIB's value is largely driven by community enthusiasm and market speculation rather than traditional fundamental factors.