$SHIB
native asset
Layer 2 Meme Coin Ecosystem Token ÔÇö $SHIB
$SHIB is the native token of the Shiba Inu ecosystem, originally created as a meme coin to rival $DOGE but later expanded into a broader Layer 2 ecosystem through the launch of Shibarium. $SHIB was designed to be fun, decentralized, and community-led. It exists alongside sister tokens like $LEASH and $BONE, forming a trifecta of tokens used for governance, liquidity, and utility inside the ShibaSwap platform and beyond.
Use Case: $SHIB is used as a community asset for tipping, trading, DeFi, and staking in the Shibarium ecosystem, with growing use in NFT marketplaces and crypto commerce.
Key Concepts:
- Meme Coin ÔÇö Community-originated token rooted in internet culture.
- Shibarium ÔÇö Layer 2 network for scaling SHIB transactions.
- ShibaSwap ÔÇö Native DEX for trading, farming, and staking SHIB ecosystem tokens.
- LEASH & BONE ÔÇö Companion tokens for scarcity and governance functions.
- Layer 2 DeFi ÔÇö Supports lower-fee staking, NFTs, and community apps.
Summary: $SHIB evolved from a viral meme coin into a full-fledged Layer 2 crypto ecosystem. With Shibarium, ShibaSwap, NFTs, and metaverse integration, it now functions as a multi-token platform pushing the boundaries of decentralized meme-based finance.
| Feature | Details |
|---|---|
| Launch Date | August 2020 |
| Founding Entity | Anonymous (Ryoshi) |
| Token Supply | Originally 1 quadrillion (mass burn by Vitalik) |
| Layer 2 Chain | Shibarium |
| Core Ecosystem Tokens | $SHIB, $LEASH, $BONE |