- Shiba Inu was introduced in 2020 as an Ethereum-based alternative to Dogecoin.
- SHIB is an ERC-20 token that operates on the Ethereum blockchain.
- It has its decentralized exchange called ShibaSwap and is divided into three sibling tokens: SHIB, LEASH, and BONE, each serving different purposes.

Differences Between Dogecoin and Shiba Inu Coin:

- Both cryptocurrencies have experienced significant price fluctuations, but Dogecoin has reached a higher price point.
- Dogecoin has a fixed maximum supply, while Shiba Inu has a maximum supply of 1 quadrillion tokens.
- Dogecoin uses its own blockchain technology, while Shiba Inu Coin relies on the Ethereum-based ERC-20 token.