Dogecoin Killer:Created in 2020 by the mysterious creator answering to the name of Ryoshi, the cryptomonnaie is classified in the catéshitcoin" or "memecoin", in other words, crypto-currencies with no plans other than to be a joke, just like Dogecoin. The white paper, entitled "Woofpaper", which outlines the "project" states that its creator wants to build a decentralized community while helping to protect authentic shiba dogs. The official website offers to donate SHIB cryptocurrency to the Shiba Inu Rescue association. The team behind Shiba Inu has launched a decentralized exchange platform called "ShibaSwap", enabling users to exchange various assets. A collection of NFTs entitled Shiboshi has also been launched, again in the hope of provoking speculation.

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Shiba Inu is an ERC-20 cryptocurrency backed by the Ethereum blockchain. It is mainly used to pay transaction fees and exchange against other cryptocurrencies on ShibaSwap.

 

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