While it shares many similarities with dogecoin, namely its Shiba Inu theme, extremely large supply and very low-cost token, shiba inu coin sets out to provide substantially more utility for its holders than is currently available with doge. For starters, the project launched its own ShibaSwap decentralized exchange where crypto holders can swap SHIB for a range of other listed tokens, much like Uniswap or Balancer. Building on this, shiba inu coin also features two other ERC-20 tokens – known as BONE and LEASH – which provide additional utility including governance and a store of value for holders.
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