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Shiba Inu

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." According to its whitepaper, Shiba Inu was created with the intention of creating a "100% community-led" cryptocurrency. Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu is widely considered to be a "memecoin" due to its high volatility and network effect, driven by influential commentators like Tesla CEO Elon Musk.

The cryptocurrency Shiba Inu was created in August 2020 by an anonymous person known as "Ryoshi."

Shiba Inu aims to be a 100% community-led, decentralized cryptocurrency which seeks complete independence from centralized authorities and takes pride in that it was not founded from an existing community. 

SHIB exists on the Ethereum blockchain because Ryoshi viewed it as a well-established, secure, and decentralized network that would allow the Shiba Inu project to be developed with zero outside regulation. 

Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin’s Scrypt-based mining algorithm. 

When SHIB was created, 1 quadrillion tokens were minted. SHIB’s founder sent 50% of the total supply to Ethereum co-founder Vitalik Buterin, who then burned 90% of his holdings by sending the tokens to a dead blockchain address. Buterin said he’d donate the remaining 10% to charity. 

The remaining supply, which wasn’t sent to Buterin, is locked in Uniswap, which is a decentralized finance protocol used to exchange cryptocurrencies. 

The Shiba Inu community considers the crypto to be a "Dogecoin Killer" because it has the ability to top its memecoin rival's market cap without ever crossing the $0.01 mark. 

Shiba Inu is widely considered to be a memecoin due to its high volatility and potential risk, as well as its network effect, driven by influential commentators like Tesla CEO Elon Musk.

SHIB was trading by as much as 10% higher on Saturday, as crypto markets were mainly in the green. NEAR was also higher on Saturday, prices having now risen for three consecutive sessions. Overall, crypto markets are up 2.73% as of writing. Shiba Inu (SHIB) SHIB was one of the notable movers in crypto markets […]

Biggest Movers: SHIB Surges 10% on Saturday, as NEAR Hits 2-Week High

The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, the layer two solution will bring transaction fees down considerably and possibly to zero. Shiba […]

SHIB's Shibarium Public Beta Is Planned for Deployment in Q3

Ethereum (ETH) whales are accumulating Dogecoin (DOGE) competitor Shiba Inu (SHIB) by the billions as the memecoin's trading volume spikes. According to whale-watching platform WhaleStats, the top 100 ETH whales have bought 163.2 billion SHIB during the last 24 hours. The feeding frenzy caused the dog-themed token to crack the list of top 10 crypto […] The post Ethereum Whale Accumulates 163,200,000,000 Shiba Inu (SHIB) As Memecoin Witnesses Trading Volume Spike: On-Chain Analysis appeared first on The Daily Hodl.

Ethereum Whale Accumulates 163,200,000,000 Shiba Inu (SHIB) As Memecoin Witnesses Trading Volume Spike: On-Chain Analysis

Uniswap

Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI was trading higher for a fourth […]

Biggest Movers: UNI Moves Into Top 20, as SHIB Hits Highest Point Since May

Shiba Inu (SHIB) shot up 17.3% over 24 hours to $0.0000096 at press time in the early hours of Wednesday morning.  It gained alongside well-known meme coins including bellwether Dogecoin (CRYPTO: DOGE), which was up 6.1%.

Shiba Inu (SHIB) Surges 17%: Musk's Dogecoin Spillover, Lead Developer Buzz And More Factors

Dogecoin

Dogecoin, Shiba Inu Prices Pump as Elon Musk Doubles Down on DOGE

SHIB was trading almost 15% higher during today's session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12. Shiba Inu (SHIB) SHIB was once again in the green on Tuesday, as it continued to move away […]

Biggest Movers: DOGE, SHIB Near 10-Day Highs, Following Recent Surges in Price

With the overall cryptocurrency market going through a bumpy ride, Shiba Inu (CRYPTO: SHIB) has not been able to show any signs of growth over the last couple of months.  The meme coin is now at its 10-month low and showing no improvement.

Here's Why Americans in 19 States Want To Sell Shiba Inu More Than Other Top Cryptos

Bitcoin

Shiba Inu (CRYPTO: SHIB) was sliding over Thursday in tandem with Dogecoin (CRYPTO: DOGE) and Bitcoin (CRYPTO: BTC). A number of cryptocurrencies, including Dogecoin and Bitcoin, have settled into bear flag patterns on their daily charts and Shiba Inu is no exception.

Shiba Inu Follows Dogecoin, Bitcoin Into This Pattern: What To Watch

Ethereum

Fresh data shows the world's biggest Ethereum (ETH) whales are hoarding meme coin Shiba Inu (SHIB) at an average value of over $3.6 million each. The latest numbers from WhaleStats reveal the investment behavior of the 100 wealthiest non-exchange Ethereum addresses. The whale-monitoring website shows the average Shiba Inu holdings are 463.5 billion SHIB tokens […] The post Shiba Inu (SHIB) Becomes Top Altcoin Among Ethereum Whales As Crypto Markets Crash: WhaleStats appeared first on The Daily Hodl.

Shiba Inu (SHIB) Becomes Top Altcoin Among Ethereum Whales As Crypto Markets Crash: WhaleStats

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in, or thinking about as they manage and build their personal portfolios. This week we posed the following question to over 1,000 Benzinga visitors on cryptocurrency investing: By the end of the year, will Shiba Inu (CRYPTO: SHIB) or Dogecoin (CRYPTO: DOGE) grow more?

Will Shiba Inu Or Dogecoin Rise More By 2023? 6 In 10 Say.

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Bitcoin (CRYPTO: BTC) at $100,000 or Shiba Inu (CRYPTO: SHIB) at $0.001?

Which Will Happen First, Bitcoin At $100,000 Or Shiba Inu At $0.001?

A meme posted from Robinhood Markets Inc's (NASDAQ: HOOD) Twitter account on Thursday had the Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) communities deliberating which dog-themed crypto had featured alongside the Robinhood CEO. What Happened: Popular retail brokerage Robinhood Markets Inc (NASDAQ: HOOD) shared a meme featuring CEO Vlad Tenev and a Shiba Inu dog wearing matching green sweaters.

Dogecoin Or Shiba Inu? Robinhood Posts Dog Meme On National Best Friend Day

Meme-based cryptocurrency Shiba Inu (CRYPTO: SHIB) saw an uptick in buy orders on Coinbase Global Inc (NASDAQ: COIN) on Thursday. What Happened: According to trading data from the cryptocurrency exchange, 63% of Coinbase traders increased their SHIB position over the last 24 hours.

Why Is Shiba Inu (SHIB) Buying Pressure Surging On Coinbase?

Will Shiba Inu Or Dogecoin Rise More By The End Of 2022?

Ryoshi deleted his blog and tweets like he once announced in a blog article that he would.

Shiba Inu Founder Ryoshi Deletes His Social Media Accounts

Ryoshi, the pseudonymous creator behind meme coin Shiba Inu (CRYPTO: SHIB), has deleted all tweets and blog posts from his Twitter Inc (NYSE: TWTR) and Medium accounts. What Happened: On May 30, the SHIB creator abruptly deleted all his posts, including the first-ever blog introducing the cryptocurrency titled “All Hail the Shiba.

Shiba Inu (SHIB) Founder Ryoshi Abruptly Deletes All Tweets, Blog Posts

Will Shiba Inu Or Dogecoin Rise More By 2023?

According to Shibburn, over 500 million Shiba Inu (CRYPTO: SHIB) tokens have been destroyed over the last 48 hours.  The largest burn transaction carried more than half of the total amount of the destroyed SHIB - 295,559,819 coins.

509M Shiba Inu Burned In The Last 48 Hours, Now The Token Can Be Burned Via Amazon As Well

Even though the price of Dogecoin (CRYPTO: DOGE) rival Shiba Inu (CRYPTO: SHIB) continues to fall, Ethereum (CRYPTO: ETH) whales seem to have a good inclination towards the meme coin.  Shiba Inu has recently become the most significant holding of the top 500 ETH whales.

Ethereum Whale Buys $1.5M Worth Of Shiba Inu In One Shot

A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto will eventually fall to zero. In addition, “Our panel is overwhelmingly out on SHIB, with 73% saying that now is the time to sell.” SHIB's Price Prediction Leading price comparison […]

Finder's Panel Predicts Death of Shiba Inu Crypto — SHIB Expected to Have No Value by 2030

Solana

Polkadot

Cryptocurrency markets were mostly in the green on Friday, as DOT was up by nearly 40%, moving away from an 18-month low. Although SOL, AVAX, and MATIC all rose by over 20%, it was SHIB that was one of the standout gainers in today's session. Polkadot (DOT) DOT was one of today's biggest gainers, as […]

Biggest Movers: SHIB, DOT Nearly 30% Higher, as SOL Also Surges

ApeCoin

Avalanche

The crypto market is deep in the red today, and these coins have suffered some of the biggest losses outside of Terra.

Not Just Terra: ApeCoin, Avalanche, Solana, Shiba Inu All Down at Least 20% in Crypto Crash

Both coins fell hard on Monday along with the wider market, but SHIB is fetching speeder returns than its meme rival.

Shiba Inu Is Rebounding Faster Than Dogecoin After Crypto Crash

Cardano

Monday's downturn in crypto markets sent several tokens lower, with cardano, polkadot and shiba inu all falling by over 15%. Despite this, there were some notable exceptions which rose to start the week, WAVES being one of them. WAVES WAVES was trading in the green on Monday, as prices rose by as much as 9% […]

News for Shiba Inu Crypto (SHIB)