Shiba Inu, (SHIB), is a meme token that aims to be the Ethereum-based counterpart to Dodgecoin’s Srypt-based mining algorithm. Shiba Inu uses a cute image of a dog on their token, joining the swarm of dog-themed cryptocurrencies. Shiba Inu was created anonymously in August 2020 under the pseudonym “Ryoshi”.
The Shiba Inu website calls dog-inspired artists on a global scale to foster the “artistic Shiba movement” as they bring their Shiba Inu community to the NFT marketplace. The token gained speed as community investors were drawn in by the cute dog token paired with the headlines and tweets from personalities like Elon Musk and Vitalik Buterin.
Shiba Inu has also created a campaign with Amazon Smile to collect donations to rescue real, live Shiba Inu dogs with the Shiba Inu Rescue Association.
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