Shiba Inu (SHIB) - Fundamental Analysis July 2026
Shiba Inu (SHIB) is an Ethereum-based ERC-20 token that launched in August 2020 as a meme-inspired cryptocurrency and has evolved into a multi-product Web3 ecosystem. The token's contract address on Ethereum is 0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce. Rather than operating as a standalone blockchain, SHIB inherits its security model from Ethereum's proof-of-stake consensus and smart contract infrastructure, making it compatible with Ethereum wallets, decentralized exchanges, and DeFi protocols across the network.