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Ronald Maguire

09 June 2022 146 Read Crypto , Altcoins , NFT , Metaverse , Resources

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What Is a Shiba Inu (SHIB)?

Shiba Inu is a meme token that nicknames itself the "Dogecoin killer". The mission of this coin is to become the most popular meme token in the world. It is a project named after the Japanese dog breed and set out with a very strong online community. The goals of the project launched in 2020 are stated in the woof paper. The developer of the project is an anonymous consortium named Ryoshi.

SHIB is compatible with most of the world's leading DeFi projects as it is an ERC-20 token. Shiba Inu has a proprietary DEX, various yield farm protocols, the NFT artist accelerator program, and a metaverse.

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