what is shiba inu coin and what is its function?

 As of my last knowledge update in January 2022, Shiba Inu( SHIB) is a cryptocurrency that gained fashionability in the decentralized finance( DeFi) space. It was created to be an  trial in decentralized community  structure and has been associated with the broader meme coin trend. 

The  design was inspired by the Shiba Inu canine  strain and the popular Dogecoin( DOGE) cryptocurrency. The primary function of Shiba Inu coin is to serve as a decentralized meme commemorative that allows  druggies to hold and trade it on  colorful cryptocurrency exchanges. It operates on the Ethereum blockchain,  exercising smart contracts to enable decentralized and automated processes.  

 One of the unique features of Shiba Inu is the addition of other commemoratives within its ecosystem,  similar as LEASH and BONE. LEASH is designed to be a stablecoin pegged to the price of Dogecoin, while BONE is intended to be a governance commemorative within the ShibaSwap decentralized exchange.   It's important to note that the cryptocurrency space is  largely dynamic, and the information  handed then might be outdated. 

The fashionability and value of specific cryptocurrencies can change  fleetly, and new developments may have  passed since my last update. Always check the  rearmost sources and do thorough  exploration before making any investment  opinions in the cryptocurrency  request.