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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.

According to a new report, the development team behind the Shiba Inu (CRYPTO: SHIB) has started testing the burn portal developers announced

Shiba Inu Developers Begin Testing Burn Portal, Announce Defense Team To Protect Crypto

Dogecoin

The world's largest movie exhibition company, AMC Entertainment, has finally begun accepting payments in dogecoin and shiba inu. Supporters of DOGE and SHIB have been waiting for AMC Theatres to accept the two meme cryptocurrencies since September last year. AMC Customers Can Now Pay With Dogecoin and Shiba Inu AMC Theatres now accepts payments in […]

AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments

The chief executive officer of movie theater chain AMC says that the cinema giant is finally going to accept crypto meme assets Shiba Inu (SHIB) and Dogecoin (DOGE) as payment options. AMC CEO Adam Aron took to Twitter to tell his 243,000 subscribers that the company is adding dog-themed tokens to the list of cryptocurrencies […] The post Movie Theater Giant AMC Now Accepts Dog-Themed Meme Coins Shiba Inu (SHIB) and Dogecoin (DOGE), According to CEO appeared first on The Daily Hodl.

Movie Theater Giant AMC Now Accepts Dog-Themed Meme Coins Shiba Inu (SHIB) and Dogecoin (DOGE), According to CEO

Ethereum

The richest Ethereum (ETH) whales in the world are accumulating a top ETH competitor as the overall crypto market continues to pull back. WhaleStats reports on Twitter that scalable smart contract-enabled blockchain Fantom (FTM) became the top target of the 500 biggest ETH address on record over one 24-hour period this week, flipping popular dog-themed […] The post Whales Dive Into Top Ethereum (ETH) Competitor and Ditch Shiba Inu (SHIB) As Crypto Volatility Returns appeared first on The Daily Hodl.

Whales Dive Into Top Ethereum (ETH) Competitor and Ditch Shiba Inu (SHIB) As Crypto Volatility Returns

Movie theater chain AMC Entertainment Holdings Inc. (NYSE: AMC) has started to accept Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO:

Such Speed, Much Wow! AMC Begins Accepting Dogecoin And Shiba Inu A Week Ahead Of Schedule

Major cryptocurrency exchange Binance said on Tuesday it would distribute $100,000 worth of Shiba Inu (CRYPTO: SHIB) tokens to new users as part of a new promotional strategy.

This Crypto Exchange Is Giving Away $100,000 Of Shiba Inu To New Users — With Conditions Attached

According to the crypto exchange, a welcome bonus of anywhere between 100,000 SHIB ($2.59) and 308,000 SHIB ($7.98) will be available.

Binance Giving Away $100,000 in SHIB to New Users

Meme coin Shiba Inu (CRYPTO: SHIB) overtook FTX Token (CRYPTO: FTT) — the native coin of major U.S.

Shiba Inu Overtakes FTX Token As Ethereum Whales' Darling

The world's richest Ethereum (ETH) whales are now holding massive amounts of one stablecoin and two additional altcoins, according to the blockchain tracker WhaleStats. The top 500 ETH addresses on record now hold more of Circle's dollar-pegged stablecoin, USD Coin (USDC), than any other asset. The whales own $1.64 billion worth of USDC, representing 13.38% […] The post Crypto Asset Overtakes Shiba Inu (SHIB) As Biggest Altcoin Holding Among Top 500 Ethereum Whales appeared first on The Daily Hodl.

Crypto Asset Overtakes Shiba Inu (SHIB) As Biggest Altcoin Holding Among Top 500 Ethereum Whales

Shiba Inu (CRYPTO: SHIB), the self-described “Dogecoin (CRYPTO: DOGE) killer,” is now listed on London-based digital payment platform Wirex.

Shiba Inu Gets Listed On London-Based Wirex

Shytoshi Kusama — the pseudonymous programmer leading the development team of meme coin Shiba Inu (CRYPTO: SHIB) — in a tweet late Sunday took a dig at Dogecoin (CRYPTO: DOGE) co-found

Dog-Fight: Shiba Inu Lead Developer Takes Shots At Dogecoin Creator For Quitting

The largest Ethereum whales in existence are accumulating meme coin Shiba Inu (SHIB) and a collection of decentralized finance (DeFi) altcoins. According to blockchain tracker WhaleStats, Ethereum whales, or investors with at least 1,000 ETH in their wallets, are still favoring Dogecoin competitor Shiba Inu. At time of writing, SHIB is the 10th most purchased […] The post Ethereum Whales Rush Into Shiba Inu (SHIB) and Several DeFi Altcoins in an Uncertain Market appeared first on The Daily Hodl.

Ethereum Whales Rush Into Shiba Inu (SHIB) and Several DeFi Altcoins in an Uncertain Market

Shiba Inu (CRYPTO: SHIB) — the self-described “Dogecoin (CRYPTO: DOGE) killer” — has emerged as the most traded cryptocurrency by the 1,000 biggest Ethereum (CRYPTO:

This Dogecoin Rival Is The Most Traded Crypto By Ethereum Whales Today

Cardano

Crypto traders are tracking a series of large altcoin whale transfers as Bitcoin (BTC) hovers at the $44,000 mark. New on-chain data from Santiment, tracked by crypto analyst Ali Martinez, shows Cardano (ADA) whales just purchased about 16,000,000 ADA in a 24-hour period. This represents the largest single-day spike in Cardano whale accumulation in months. […] The post Dogecoin Competitor Shiba Inu and Ethereum Rival Cardano Witness Massive Whale Transfers in 24-Hour Period appeared first on The Daily Hodl.

Dogecoin Competitor Shiba Inu and Ethereum Rival Cardano Witness Massive Whale Transfers in 24-Hour Period

AMC Entertainment Holdings Inc. (NYSE: AMC) CEO Adam Aron shared updates related to cryptocurrencies, citing a “big opportunity,” on the company's fourth-quarter earnings call on Wednesday.

AMC Shares Updates On NFTs, Accepting Dogecoin, Shiba Inu And And Launching Own Cryptocurrency

Shiba Inu's (CRYPTO: SHIB) decentralized exchange (DEX) ShibaSwap now ranks first on CertiK's security leaderboard. What Happened: In an announcement on Wednesday, CertiK revealed that ShibaSwap received a Skynet Security Score of 93/100.

Shiba Inu DEX Takes Top Spot On CertiK's Security Leaderboard

Shiba Inu (CRYPTO: SHIB), the self-described “Dogecoin (CRYPTO: DOGE) killer”, has re-emerged among the ten most purchased tokens by Ethereum (CRYPTO:

Shiba Inu Is Back Among Top 10 Most Purchased Tokens By Ethereum Whales

New data reveals that despite the bounce in the broader crypto markets, the majority of Cardano (ADA) and Shiba Inu (SHIB) holders are continuing to nurse losses. To determine which holders are still underwater, crypto intelligence firm IntoTheBlock looks at wallets with a Cardano balance, identifies the average purchase amount of the coins and compares […] The post Majority of Cardano (ADA) and Shiba Inu (SHIB) Holders Still Underwater Despite Price Rally: IntoTheBlock appeared first on The Daily Hodl.

Majority of Cardano (ADA) and Shiba Inu (SHIB) Holders Still Underwater Despite Price Rally: IntoTheBlock

The team behind Shiba Inu (CRYPTO: SHIB) appears to be branching into the fashion industry with its most recent partnership. What Happened: In a tweet on Tuesday, Shiba Inu developers said they have partnered with Milan-based luxury designer John Richmond.

Shiba Inu Announces New Fashion Industry Partnership

The CEO of the world's largest movie exhibition company, AMC Entertainment, has announced that AMC Theatres will accept two meme cryptocurrencies, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks. Dogecoin and Shiba Inu Payments Coming to AMC Theatres in March The CEO of AMC Entertainment Holdings, Adam Aron, announced on Twitter Monday that […]

AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO Says

Leading movie theater chain AMC Entertainment Holdings Inc (NYSE: AMC) has been teasing that it will accept Dogecoin (CRYPTO: DOGE) and ot

AMC Is One Step Closer To Accepting Dogecoin, Shiba Inu

AMC already allows bitcoin and ether, among other cryptocurrencies, to be used for payments.

AMC Theatres Will Accept Doge and Shiba Inu Via BitPay

Some of the wealthiest crypto investors in existence are pouncing on meme coin Shiba Inu (SHIB) and four other altcoins as the digital asset markets show signs of strength. According to whale-monitoring platform WhaleStats, Shib Inu is back within the top 10 most purchased altcoins in the last 24 hours by the top 1,000 non-exchange […] The post Wealthy Crypto Traders Are Pouncing on Shiba Inu (SHIB) and Several Additional Altcoins As Markets Bounce Back appeared first on The Daily Hodl.

Wealthy Crypto Traders Are Pouncing on Shiba Inu (SHIB) and Several Additional Altcoins As Markets Bounce Back

With the rebounding of Shiba Inu (CRYPTO: SHIB) prices, Ethereum (CRYPTO: ETHER) whales appear to be making major investments in the meme crypto.

Major Ethereum Whales Betting on Shiba Inu, Bought 105.7 Billion SHIB

As the overall markets grapple with geopolitical instability, crypto whales are scooping up one altcoin in massive amounts. Cryptocurrency analytics firm Santiment is tracking the buying and selling behavior of the biggest crypto wallets following Russia's incursion into neighboring Ukraine two nights ago. Santiment reports whale activity has increased five-fold compared to normal. “Cryptocurrency whales […] The post Massive Ethereum Holder Targets Dogecoin Competitor Shiba Inu, Adding 49,998,916,299 SHIB As Crypto Markets Rebound appeared first on The Daily Hodl.

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