Shiba Inu

SHIB Launched 2020 source

What this page is: neutral, sourced facts about Shiba Inu. Every line links where it was checked. 9 facts, 0 from primary sources. Educational, not financial advice.

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Launch

Created in August 2020. secondary source source

Founders and creators

Founder known as Ryoshi. secondary source source

Origin story

Known as a "DOGE killer". secondary source source

Stated purpose

Originally launched as a meme-based project, it has evolved into a comprehensive financial ecosystem designed to offer a decentralized alternative to traditional banking. secondary source source

Consensus mechanism

SHIB is an ERC-20 token based on Ethereum. secondary source source

Supply model

Buterin burned 40% of the total supply to a dead wallet. secondary source source

Main uses today

The ecosystem features its own decentralized exchange, ShibaSwap, where users can trade, provide liquidity, and earn rewards. secondary source source

Key milestones

Shibarium, presented by CoinMarketCap with SHIB metaverse plans as expanding the utility of SHIB. secondary source source

Notable events and controversies

Buterin, who had been given half of total supply, burned 90% of his SHIB holdings. secondary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.