Shiba Inu
a.k.a. SHIB
A meme token launched in 2020, styled as a 'Dogecoin killer', with a supply in the hundreds of trillions.
Shiba Inu (SHIB) is a meme token launched in 2020 by an anonymous creator, borrowing the same dog breed that Dogecoin made famous. It billed itself as the "Dogecoin killer" and grew a large online fan base and its own ecosystem of side projects.
Its supply is enormous, which is why one SHIB costs a tiny fraction of a cent. That tiny price makes it feel cheap, but with so many tokens, even small price moves add up to big swings in its market cap. Like most meme coins, its price runs largely on attention.
Thinking SHIB is cheap because one token costs a fraction of a cent. With a supply that huge, the price per token tells you almost nothing.
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