What is Shiba Inu (SHIB)?

Siiba Inu (SHIB) is a decentralized cryptocurrency that was created in 2020 by a group of individuals under the pseudonym “Ryoshi”. The name of the cryptocurrency comes from the Japanese Shiba Inu dog breed. Shiba Inu is an ERC-20 token that was released as an alternative to the popular Dogecoin meme-coin on the Ethereum blockchain.