The Shiba Inu token (SHIB) has seen a meteoric rise since its launch in August 2020. Initially known as a "meme coin" due to its playful dog-themed branding, SHIB has grown into a significant cryptocurrency with a robust ecosystem. Created by the anonymous Ryoshi, SHIB is an ERC-20 token built on the Ethereum blockchain, benefiting from Ethereum's security and widespread adoption. For the latest updates and in-depth analysis on Shiba Inu Token, be sure to check out Shiba Inu News. The Shiba Inu ecosystem includes ShibaSwap, a decentralized exchange; Bone, a governance token; Leash, a token with unique incentives; and Shibarium, a proposed layer-2 solution to enhance transaction efficiency. Supported by a passionate community known as the ShibArmy, SHIB has achieved major exchange listings and real-world utility, solidifying its place in the crypto world.