Shiba Inu is an Ethereum-based altcoin that features the Shiba Inu hunting dog as its mascot.
It is widely considered to be an alternative to Dogecoin and is touted as the "Dogecoin killer" by its supporters, a community known as the ShibArmy.
Shiba Inu was created is August 2020 by an individual or group called Ryoshi.
Shiba Inu's price soared more than ten-fold in October 2021, giving it a market capitalization of $35 billion (as of Oct. 31, 2021) and ranking it 10th among all cryptocurrencies by this measure.