a shiba coin, pardon... a "shitcoin" or meme altcoin that emulated the now popular $doge coin. ​ from www.coingecko.com ​ What has the Shiba Inu community worked on? The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO. ​ Shiba Inu coin in 2022 Right now in 2022, Shiba Inu coin has captured mainstream attention as a meme coin. On Oct 28th, 2021, the cryptocurrency reached an all-time-high price of $0.000084. That was a +150,000,000% increase from when it was launched in August 2020. ​ Looking at the overall chart, Shiba Inu grew at a faster rate and have overtaken Dogecoin in terms of market cap. Both are running the narrative as the dominant global meme coin and a very volatile as there are no utility other than speculation and for transaction purposes. ​ The rapid rise of Shiba Inu coin price have gotten a lot of crypto analysts and experts concern about an incoming massive correction

A shitcoin is an alt coin typically made for degens to ape and some people either get scammed or make a good bit of money doing it. ​ Shib is just a very successful shitcoin