MetadogeSHIB is a community-driven project with active Telegram channels in Chinese and Indonesian. While specific details are limited, it appears to be related to the Shiba Inu ecosystem, potentially inspired by the success of $SHIB. It's a trending project with strong community engagement in specific regions. Related projects like DADYSHIB also aim to pay homage to $SHIB and are experiencing momentum. Further investigation is needed for a complete understanding.