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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.

The Shiba Inu (CRYPTO: SHIB) team announced that the land bid event for its metaverse would launch in a few hours.

Shiba Inu Metaverse Launches Today: What's In Store?

Shiba Inu (CRYPTO: SHIB) saw its price spike after being listed by Robinhood Markets Inc (NASDAQ: HOOD) on Tuesday.

Shiba Inu Rallies 35% After Robinhood Listing

Bitcoin

Ethereum

Polygon

US retail trading giant Robinhood just added four new cryptocurrencies to its lineup, triggering rallies as the rest of the digital asset markets stagnate. The exchange platform is launching surprise support for Dogecoin rival Shiba Inu (SHIB), smart contract platform Solana (SOL), Ethereum scaling solution Polygon (MATIC) and lending protocol Compound (COMP). The four crypto […] The post Robinhood Sparks Crypto Rallies After Listing Dogecoin Rival Shiba Inu (SHIB) And Three Additional Altcoins appeared first on The Daily Hodl.

Robinhood Sparks Crypto Rallies After Listing Dogecoin Rival Shiba Inu (SHIB) And Three Additional Altcoins

Shiba inu (SHIB) was one of the biggest gainers in crypto markets on Tuesday, as Robinhood added the meme coin to its list of crypto offerings. This came as the trading app also added a host of others, including SOL which also gained following recent losses. Shiba Inu (SHIB) Shiba inu (SHIB) was undoubtedly the […]

Biggest Movers: SHIB up Almost 20% Following Robinhood Listing, Near Also Higher

Popular trading app Robinhood listed several more cryptocurrencies today. Meme coin Shiba Inu is one of them—and buy orders have rushed in.

Shiba Inu (SHIB) Jumps 20% Following Robinhood Listing

Popular trading platform Robinhood has listed shiba inu (SHIB) as well as three other popular cryptocurrencies. Supporters of the meme crypto have petitioned for months for Robinhood to list SHIB. Robinhood Finally Lists Shiba Inu Crypto Popular trading platform Robinhood announced the listing of four new cryptocurrencies Tuesday. The company wrote: We're pleased to announce […]

Robinhood Lists Shiba Inu and 3 More Cryptocurrencies — SHIB Price Soars

This morning fintech trading platform added four new tokens for clients to trade, bring its total to 11.

Robinhood Adds Shiba Inu Solana, Polygon, And Compound To Its Crypto Offerings

Robinhood's CEO had said in the end of 2021 that the memecoin was likely to be listed anytime soon — does four months later count as soon then?

Breaking: Robinhood Lists SHIBA INU

Solana

Crypto trading platform Robinhood has listed the popular meme coin Shiba Inu (SHIB) alongside Solana and others.

Robinhood Adds SHIB, Solana, Compound and Polygon's MATIC

Robinhood has added a spate of new cryptocurrencies today, namely Shiba Inu, Solana, Polygon and Compound. The post Robinhood appears to be adding four cryptos including Shiba Inu and Solana appeared first on The Block.

Robinhood appears to be adding four cryptos including Shiba Inu and Solana

Shiba Inu (CRYPTO: SHIB) is among the four cryptocurrencies that were selected for listing by major retail-oriented stock and crypto exchange Robinhood Markets Inc. (NASDAQ: HOOD).

Shiba Inu, Solana, Polygon And Compound Land On Robinhood: What You Need To Know

Shiba Inu (CRYPTO: SHIB) — once promoted as the Dogecoin (CRYPTO: DOGE) killer — is going to see major bull rallies in the near future, according to one cryptocurrency market analyst.

Shiba Inu Is Going To The Moon; This Analyst Predicts It Will Happen Soon

Dogecoin

A widely followed crypto analyst says that Dogecoin (DOGE) competitor Shiba Inu (SHIB) and one Ethereum (ETH) challenger will have strong rallies during this market cycle. The pseudonymous analyst Altcoin Sherpa tells his 172,000 Twitter followers that he's sitting tight on a stack of SHIB waiting for a price explosion. According to the trader's analysis, […] The post Analyst Predicts Shiba Inu (SHIB) Moves Hard This Cycle, Says One Ethereum (ETH) Rival Will Be Top Performer appeared first on The Daily Hodl.

Analyst Predicts Shiba Inu (SHIB) Moves Hard This Cycle, Says One Ethereum (ETH) Rival Will Be Top Performer

Meme-based cryptocurrency Shiba Inu (CRYPTO: SHIB) saw a 202% surge in large transactions over the last 24 hours.

Shiba Inu Sees 200% Surge In Large Transactions Over 24 Hours

As per the latest WhaleStats data, meme coin Shiba Inu (CRYPTO: SHIB) has topped the ETH whales holdings list.

Doge Killer Shiba Inu Again Tops List Of Crypto Whales; $1.45B Worth Now Held by Top 1,000 Wallets

On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network's burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed. Shiba Inu Burn Rate Increases Significantly On February 22, a SHIB team member named “Archangel” revealed that […]

Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours

According to Crypto burn tracker shibburn.com, a record sum of Shiba Inu (CRYPTO: SHIB) has been removed from the circulation. In the last 24 hours, over 1.3 billion Shiba Inu has been burned, which is worth $32,155.

1.3 Billion Shiba Inu Burned In The Last 24 Hours; Burn Rate Up Over 15,000%

The Shiba Inu (CRYPTO: SHIB) team announced that early access to bidding on land in its metaverse would go live this weekend.

Shiba Inu ‘Early Access' Land Bid Event Goes Live This Weekend

PRESS RELEASE. Bitcoin of America has officially announced the newest addition to their Bitcoin ATMs (BTMs). Shiba Inu coin is now available at Bitcoin of America ATM locations. Bitcoin of America has more than 1800 BTMs across 31 states. They recognized the growing popularity of Shiba Inu and decided it was time to include it […]

Popular BTM Operator: Bitcoin of America Welcomes Shiba Inu Coin to Its Bitcoin ATMs

Developers of the meme-based cryptocurrency shared more updates about what's to come for Shiba Inu (CRYPTO: SHIB) this year.

Shiba Inu's Layer 2 Moves To Beta Phase Soon: What You Need To Know

A crypto trader who has built a large following with his timely altcoin calls says that Dogecoin (DOGE) and its biggest competitor are due for big gains. The pseudonymous trader known as Altcoin Sherpa tells his 171,000 Twitter followers that he's aiming to accumulate Shiba Inu (SHIB) with the expectation that DOGE triggers rallies in […] The post Crypto Traders Are Sleeping on Dogecoin Competitor Shiba Inu, According to Analyst – Here's His Strategy appeared first on The Daily Hodl.

Crypto Traders Are Sleeping on Dogecoin Competitor Shiba Inu, According to Analyst – Here's His Strategy

PayRange Inc, a leading mobile payment app maker for automated retail, has added capabilities to accept cryptocurrencies.

Bitcoin, Dogecoin And Shiba Inu Now Accepted At 500,000 Vending Machines Across The US

Shiba Inu (CRYPTO: SHIB) will now be available at 1800 cryptocurrency ATMs across 31 states in the U.S.

Shiba Inu Tails Dogecoin To Reach 1,800 Bitcoin Of America ATMs Across US

Shiba Inu, the meme-coin project that mimicked dogecoin, has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices of the plots, which depend on their location, […]

Shiba Inu Presents SHIB Metaverse With Over 100K Land Plots

Chainlink

Ethereum (ETH) whales have accumulated five altcoins as the crypto market improved over the past week. According to the crypto-tracking platform WhaleStats, the top 100 richest ETH addresses' top target over the last week, excluding ETH and stablecoins, was FTX Token (FTT). Over a seven-day timeframe, ETH whales gobbled up an average purchase amount of […] The post Ethereum Whales Piled Into Five Altcoins This Week Amid Crypto Market Turnaround appeared first on The Daily Hodl.

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