Shiba Inu is an Ethereum-based cryptocurrency launched in 2020 by an anonymous creator known as Ryoshi. Initially introduced as a meme coin and a competitor to Dogecoin, it has since expanded into a broader ecosystem. The project features multiple tokens such as SHIB, LEASH, and BONE, and supports initiatives like ShibaSwap and DeFi applications. Its large and active community has been a key driver of Shiba Inu’s popularity and growth in the crypto market.