Shiba Inu ($SHIB ) is an Ethereum-based cryptocurrency inspired by Dogecoin. Launched in August 2020 by an anonymous developer known as Ryoshi, it began with a supply of 1 quadrillion tokens. SHIB’s integration with Ethereum allows it to benefit from the platform’s extensive ecosystem, enabling features like ShibaSwap, a decentralized exchange. Vitalik Buterin, Ethereum’s co-creator, was sent half of SHIB’s supply, later donating a significant portion to the India Covid Crypto Relief Fund and burning 40% of the total supply, which increased SHIB’s visibility. Future developments include plans for a non-fungible token (NFT) platform and a decentralized autonomous organization (DAO)-based governance system, potentially enhancing its utility in the cryptocurrency space.

MEW: The Cat Coin Challenging

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