Shiba Inu coin (SHIB), also known as "Dogecoin Killer," was launched anonymously in August 2020. The adorable attractiveness of the meme coin, combined with articles and Tweets from celebrities like Elon Musk and Vitalik Buterin, drew in a community of investors, quickly gained a lot of attentions.
SHIB is a meme coin, or a cryptocurrency linked to a certain topic, such as the Shiba Inu dog in the case of Shiba Inu. According to the WoofPaper, Shiba Inu attempted to address a simple question: what would happen if a cryptocurrency project was managed entirely by its community.
From the Shiba Inu WoofPaper, there were three reasons why Shiba Inu coin was created: “We started from zero, with zero.” “The brilliant minds behind Shib had never collaborated before.” “We love Shiba Inu Dogs.”
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