The history of Shiba Inu, the hottest meme coin right now

Shiba Inu or SHIB is a decentralised cryptocurrency that was created in August 2020 by an anonymous person/group known only as 'Ryoshi'. It was created to poke fun at dogecoin, which went on to gain immense popularity.

Meme coins are meme-inspired cryptocurrencies that are normally created as a joke. While they are not taken seriously despite falling in the same category as other mainstream cryptocurrencies like bitcoin, their prices have spiked this year.
Shiba Inu or SHIB is one such decentralised cryptocurrency that was created in August 2020 by an anonymous person/group known only as 'Ryoshi'. It was created to poke fun at dogecoin, the first meme coin launched in 2013, which went on to gain immense popularity.