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Shiba Inu is a cryptocurrency that emerged in 2020 and gained attention for its association with the popular Dogecoin. Inspired by the Dogecoin community, Shiba Inu also utilizes the Shiba Inu dog as its branding. It aims to create an ecosystem for decentralized meme tokens and community-driven projects. Shiba Inu has garnered a considerable following and speculative trading activity, with holders often referring to themselves as the “Shiba Army.” As with any meme coin, caution should be exercised when considering investments due to their highly speculative nature and potential for price volatility.
