Shiba Inu Shining Card | Limited Edition #3 Shiba Inu (ticker: SHIB), also known informally as Shiba Token, is a decentralized cryptocurrency created in August 2020 by an anonymous person or persons known as "Ryoshi".[2] Shiba Inu is an ERC-20 token on the Ethereum blockchain, and is based on Dogecoin; it brands itself "the Dogecoin killer".