Shiba Inu is just a token on the Etherum chain.
There is no privacy and they've done some weird stuff to play the numbers.
E.g. they sent half of all SHIB to the creator of Etherum, why? Because that doubles the "circulating supply" and therefore market cap while not increasing the available supply at all.
This is a scheme to artificially increase the market cap, which mostly worked because VB burned 95% of all the SHIB he got & it got a lot of press.