SHIB

Yes, the Shiba Inu Coin, or Shiba Token, named after the famous dog breed is a relatively new cryptocurrency. Trading in the name, SHIB has dubbed itself as the Dogecoin Killer. SHIB is a cryptocurrency launched in August 2020 by an anonymous Japanese developer calling himself “Ryoshi.” SHIB does not actually have actual uses in the real world, and that's why it’s considered a “meme coin.” It simply is transferable, but this hasn’t stopped people from investing in the coin. The developer has said that SHIB is better than Dogecoin because it is more community-driven than the latter. The coin has a fervent fanbase coming from their “Shiba Inu Ecosystem,” which includes developers, coin holders, and fans, which the developers said will push the coin past Dogecoin in the future. Currently, they are working with artists and developers to create non-fungible tokens or “NFT” with SHIB behind them. SHIB has a total supply of one quadrillion, allowing users to hold millions or even trillions of tokens. Compared to Dogecoin, which has an unlimited supply, the limited supply of SHIB coins allows its prices to go up when there is less supply available. Read more in our articles including "What is Shiba Inu Coin?" and "Toshiba Libretto W100 sports Dual Screen".