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The Shiba Inu, a cute and cuddly Japanese dog, is from Japan’s Chubu area. The name was chosen because the dog is the same as the Dogecoin symbol, which was created by an anonymous person called “Ryoshi” and is the same breed as the dog in the dog meme that became popular. The Shiba Inu has been called “pump and dump”, “meme coin,” “whale wallet” and “pump and dump”. But the decentralized digital currency isn’t a scam.