Is shiba an altcoin

Shiba Inu (SHIB), launched in August 2020 by the anonymous “Ryoshi,” is widely considered an altcoin.

Altcoins are cryptocurrencies other than Bitcoin. Shiba Inu, inspired by the Shiba Inu dog breed meme, emerged as a Dogecoin alternative.

SHIB operates as an ERC-20 token on the Ethereum blockchain, utilizing smart contracts for transactions. Its creators aimed to capitalize on meme popularity, challenging Dogecoin’s dominance.

While its price soared in 2021, it remains a meme coin with limited real-world utility.

Shiba Inu (SHIB), launched in August 2020 by the anonymous “Ryoshi,” is widely considered an altcoin.

Altcoins are cryptocurrencies other than Bitcoin. Shiba Inu, inspired by the Shiba Inu dog breed meme, emerged as a Dogecoin alternative.

SHIB operates as an ERC-20 token on the Ethereum blockchain, utilizing smart contracts for transactions. Its creators aimed to capitalize on meme popularity, challenging Dogecoin’s dominance.

While its price soared in 2021, it remains a meme coin with limited real-world utility.

Shiba Inu (SHIB), launched in August 2020 by the anonymous “Ryoshi,” is widely considered an altcoin.

Altcoins are cryptocurrencies other than Bitcoin. Shiba Inu, inspired by the Shiba Inu dog breed meme, emerged as a Dogecoin alternative.

SHIB operates as an ERC-20 token on the Ethereum blockchain, utilizing smart contracts for transactions; Its creators aimed to capitalize on meme popularity, challenging Dogecoin’s dominance.

While its price soared in 2021, it remains a meme coin with limited real-world utility.

Shiba Inu (SHIB), launched in August 2020 by the anonymous “Ryoshi,” is widely considered an altcoin.

Altcoins are cryptocurrencies other than Bitcoin. Shiba Inu, inspired by the Shiba Inu dog breed meme, emerged as a Dogecoin alternative.

SHIB operates as an ERC-20 token on the Ethereum blockchain, utilizing smart contracts for transactions. Its creators aimed to capitalize on meme popularity, challenging Dogecoin’s dominance.

While its price soared in 2021, it remains a meme coin with limited real-world utility.

Shiba Inu (SHIB), launched in August 2020 by the anonymous “Ryoshi,” is widely considered an altcoin.

Altcoins are cryptocurrencies other than Bitcoin. Shiba Inu, inspired by the Shiba Inu dog breed meme, emerged as a Dogecoin alternative.

SHIB operates as an ERC-20 token on the Ethereum blockchain, utilizing smart contracts for transactions. Its creators aimed to capitalize on meme popularity, challenging Dogecoin’s dominance.

While its price soared in 2021, it remains a meme coin with limited real-world utility.

Shiba Inu (SHIB), launched in August 2020 by the anonymous “Ryoshi,” is widely considered an altcoin.

Altcoins are cryptocurrencies other than Bitcoin. Shiba Inu, inspired by the Shiba Inu dog breed meme, emerged as a Dogecoin alternative.

SHIB operates as an ERC-20 token on the Ethereum blockchain, utilizing smart contracts for transactions. Its creators aimed to capitalize on meme popularity, challenging Dogecoin’s dominance.

While its price soared in 2021, it remains a meme coin with limited real-world utility.

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