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It features a Shiba Inu dog as its mascot and has a circulating supply of one quadrillion tokens.

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It differs from Dogecoin in that it is built on top of the Ethereum blockchain and has a number of tokens and applications surrounding it that do not support DOGE.SHIB had an initial total supply of 1 quadrillion or 1,000,000,000,000,000 tokens.

In May 2021, however, the pseudonymous creator of SHIB known as “Ryoshi” senthalf of the total supplyto Vitalik Buterin, one of the co-founders of the Ethereum blockchain, who burned 90% of his tokens right away, permanently removing them from circulation.

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It started around May 11, when SHIB’s price rose 1,953% to $0.00003532 from $0.00 00 token in India for beginners Manage Your Wealth, Achieve High Returns