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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 Best Daily Overview Of The Crypto Space On today's episode of Crypto Breakdown, Benzinga's Blockchain Editor Joe Dewitt looks at the new dipping levels of Shiba Inu.

Should You Buy The Dip In Shiba Inu? What The Charts For Dogecoin Reveals – Crypto Breakdown, November 23, 2021

Shiba Inu's (CRYPTO: SHIB) price has decreased 4.95% over the past 24 hours to $0.000041, continuing its downward trend over the past week of -15.0%, moving from $0.000049 to its current price.

Shiba Inu Down More Than 4% Within 24 hours

Shiba Inu (CRYPTO: SHIB) traded 3.8% lower at $0.00004296 over 24 hours late Monday night. What's Moving?

Shiba Inu Continues To Crash: Will Promised 'Good News' Bring Good Fortunes For Shib Army?

Bitcoin

Dogecoin

Ethereum

Major coins traded lower on Monday evening as the global cryptocurrency market capitalization decreased 2.5% to $2.54 trillion.

'Fear' Grips Bitcoin, Ethereum, Dogecoin, Shiba Inu: Is A Rising US Dollar Spelling Woes For Cryptos?

Shiba Inu (CRYPTO: SHIB) — the memecoin advertised as Dogecoin-killer (CRYPTO: DOGE) turned utility token — issued a warning to its investors after they were targeted by scammers.

Shiba Inu Issues Warning To Its Investors

While crypto-asset markets have shed billions during the last week, the top meme tokens coins by market capitalization have seen deeper losses than most coins. The top two meme digital assets dogecoin and shiba inu have seen double-digit losses during the last seven days. The top meme tokens coins by market capitalization today are worth […]

Meme Coin Market Cap Loses 3.5%, Top 2 Leaders Dogecoin, Shiba Inu Shed Billions

Billy Markus, the co-founder of meme-based cryptocurrency Dogecoin (CRYPTO: DOGE), asked Twitter Inc (NYSE: TWTR) CEO Jack Dorsey to “do something” about the influx of Sh

Dogecoin Co-Founder Asks Jack Dorsey To 'Do Something' About Shiba Inu Promoters On Twitter

Coinbase Global Inc (NASDAQ: COIN) said Shiba Inu (CRYPTO: SHIB) volumes on its platform are declining as the “retail meme coin mania cools off.”

Shiba Inu Slips To 3rd Spot In Coinbase Volume Rankings As 'Retail Meme Coin Mania Cools Offs;' These Are The 2 Cryptos Outdoing it

Avalanche

Avalanche (CRYPTO: AVAX) project founder and Ava Labs CEO Emin Gün Sirer said on Sunday that the cryptocurrency will “address lesser engineering problems without batting an eyelid,” taking a dig at Ethereum's (CRYPTO:

Avalanche May Be Battling Dogecoin And Shiba Inu Over Market Cap But Its Real Pickle Is With Ethereum

Shiba Inu's (CRYPTO: SHIB) — the memecoin advertised as Dogecoin-killer (CRYPTO: DOGE) turned utility token — community expressed great enthusiasm as major tech retailer Newegg Commerce Inc.

Shiba Inu Community Rejoices As Online Retail Giant Hints At Adoption

Shiba Inu (CRYPTO: SHIB) made some billionaires on its way up, and now a Las Vegas car dealership wants to capitalize on this newfound wealth by adopting the cryptocurrency.

Buy A Tesla With Your Shiba Inu, Now You Can!

Shiba Inu (CRYPTO: SHIB) has turned a lot of heads with its astronomical rise, but it is hard to wrap one's head around just how absurdly high the investment returns of this memecoin really are.

If You Invested $15 In Shiba Inu On Day One, You'd Be A Millionaire Now

Cardano (CRYPTO: ADA) founder Charles Hoskinson says that meme coins including Shiba Inu (CRYPTO: SHIB), Dogecoin (CRYPTO: DOGE),&n

Meme Coins Like Shiba Inu And Dogecoin Have Reached Massive Market Caps Despite Lacking User Utility, Says Charles Hoskinson

Chainlink

yearn.finance

Whale-watching bot WhaleStats is revealing which altcoins are popular purchases among Ethereum's (ETH) top 1,000 holders. According to the whale-surveilling bot, deep-pocketed Ethereum holders bought an average of $296,737 worth of stablecoin USD Coin (USDC) in the last 24 hours to top the list. It is followed by smart contract platform Ethereum and top stablecoin Tether […] The post Top Ethereum Whales Accumulating Axie Infinity, Shiba Inu and 7 Additional Altcoins: Report appeared first on The Daily Hodl.

Top Ethereum Whales Accumulating Axie Infinity, Shiba Inu and 7 Additional Altcoins: Report

Cardano (ADA) creator Charles Hoskinson says that meme coins have reached market caps of billions of dollars despite lacking user utility. The CEO of the blockchain tech firm responsible for the development of Cardano, Input Output Hong Kong (IOHK), tells his 291,000 YouTube subscribers that crypto projects should be evaluated based on their mission and […] The post Cardano Creator Examines Shiba Inu and Dogecoin, Lists Key Factors in Evaluating Crypto Projects appeared first on The Daily Hodl.

Cardano Creator Examines Shiba Inu and Dogecoin, Lists Key Factors in Evaluating Crypto Projects

A prominent market analyst is issuing a warning about popular dog-themed meme coins Shiba Inu (SHIB) and Dogecoin (DOGE). Bloomberg intelligence analyst Mike McGlone says the recent drops in the prices of SHIB and DOGE are a signal that investors are rotating away from speculative cryptocurrencies, something he believes would be better if it happened […] The post Top Commodities Analyst Issues Shiba Inu and Dogecoin Warning, Says ‘The Sooner the Better' for Altcoin Flush appeared first on The Daily Hodl.

Top Commodities Analyst Issues Shiba Inu and Dogecoin Warning, Says ‘The Sooner the Better' for Altcoin Flush

Solana

Bitcoin is currently trading at around $58,000 per coin, while SOL and SHIB are seeing double digit daily gains.

Bitcoin Bounces at $55K as Solana, SHIB Lead Crypto Market Recovery

Some of the Dogecoin and Shiba Inu knockoffs are seeing strong gains as of Thursday night even as both Dogecoin and Shiba Inu tumbled.

Even As Dogecoin And Shiba Inu Slump, These Knockoffs Are Striking Major Gains Today, With One Coin Up 460%

Shiba Inu (CRYPTO: SHIB) — the Dogecoin (CRYPTO: DOGE)-killer memecoin turned utility token — is likely to hit a major milestone that will take it to the big cryptocurrency club.

Shiba Inu Approaches An Important Milestone

The 1,000 richest Ethereum (CRYPTO: ETH) wallets hold more than $2.36 billion worth of Shiba Inu (CRYPTO: SHIB) combined.

Whales Love Shiba Inu: Top 1K Ethereum Wallets Hold $2.36B SHIB

Aave

Uniswap

Digital asset analytics firm Santiment is looking at a handful of altcoins to gauge crypto's strength after the global market cap tanked by 8% in less than a day. In a new Santiment Insights report, the crypto intelligence company analyzes what it calls “blue chips” in the ERC-20 market segment: Shiba Inu (SHIB), Uniswap (UNI), […]

Are Altcoins Ready To Bounce? Crypto Insights Firm Santiment Looks at 5 Coins Including Shiba Inu and Chainlink

A key person associated with Shiba Inu (CRYPTO: SHIB) has launched a "war" on Fear, Uncertainty, and Doubt — or FUD — inspired by the legendary Chinese general Sun Tzu.

Shiba Inu Community Declares War Against Those Spreading 'Fear, Uncertainty, Doubt' — Taking Inspiration From Sun Tzu

Shiba Inu (CRYPTO: SHIB) could face a price reversion worthy of its parabolic rise, according to Bloomberg's senior commodity strategist Mike McGlone.

When The Shiba Inu Game Is Up, Other Assets Could Face 'Risk-Off' Sentiment: Report

The Shiba Coffee Company is now burning Shiba Inu (CRYPTO: SHIB) for every Shiba-branded coffee sold, permanently decreasing the circulating supply of the coin.

Shiba Coffee Company Burns Shiba Inu For Each Coffe

ZenGo, a Samsung-backed cryptocurrency wallet service, said it has added meme cryptocurrency Shiba Inu (CRYPTO: SHIB) to its platform. What Happened: ZenGo made the announcement on Twitter.

News for Shiba Inu Crypto (SHIB)