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Shiba Inu is an Ethereum-based alternative to Dogecoin (AKA the original memecoin).
Launched in 2020 by someone known only as ‘Ryoshi’, SHIB has no real purpose (like DOGE). However being built on Ethereum means that it can be used to create DeFi products like the decentralised exchange (DEX), Shibaswap.
While SHIB is essentially a very, very expensive crypto in-joke, with CoinJar Card users can nominate SHIB as their spend account and use it for in-store and online purchases. And really, is there any better conversation starter than telling a mate you just bought them coffee with SHIB?
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