Shiba Inu (SHIB) is a meme-based cryptocurrency that gained massive attention in 2021, often referred to as a "Dogecoin killer." Created as a fun and speculative token on the Ethereum blockchain, SHIB capitalized on the popularity of meme coins and the broader crypto community's interest in low-priced tokens. While its origins were rooted in humor, Shiba Inu has attempted to evolve into a more serious project with the development of its own decentralized exchange (ShibaSwap), NFT initiatives, and plans for broader ecosystem growth. Despite its popularity, SHIB faces significant criticism for lacking utility compared to more established cryptocurrencies like Bitcoin and Ethereum, and for being largely driven by speculative trading. The coin has experienced extreme volatility, with price surges often linked to social media trends and celebrity endorsements, particularly by figures like Elon Musk. Although Shiba Inu has cultivated a passionate community, its long-term success remains uncertain, with questions about its sustainability beyond hype and its ability to offer real use cases in the rapidly evolving crypto market.