Shiba Inu (SHIB) is a relatively new

Shiba Inu (SHIB) is a relatively new

By Thecy | Theuscrypto | 19 Mar 2023


cryptocurrency that was launched in 2020. It is an ERC20 token that is built on the Ethereum blockchain. The was created by an individual or group known as "Ryoshi" and was named the popular Japanese dog breed, the Shiba Inu.

 

SHIB gained a lot of in May 2021, when it saw a massive surge in price due to a tweet Tesla CEO Elon Musk. Since then, its popularity has grown, and it has become one of top 30 cryptocurrencies by market capitalization.

 

It's important to note that like any cryptocurrency, SHIB comes with risks and volatility in price. It's always recommended to do your research before investing in any.

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