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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.

Over the past 24 hours, Shiba Inu's (CRYPTO: SHIB) price has fallen 7.38% to $0.000052. This continues its negative trend over the past week where it has experienced a 17.0% loss, moving from $0.000063 to its current price.

Shiba Inu Falls More Than 7% In 24 hours

Decentraland

Some of the cryptocurrencies under consideration are falling and in a downward correction. For example, Klaytn and THORChain have fallen significantly to the downside. This has led to a downtrend that is erasing price gains.

Weekly Analysis: 5 Altcoins in a Slight Retracement

Dogecoin

The CEO of the world's largest movie exhibition company, AMC Entertainment, says that his company is “on track” to accept four cryptocurrencies by year-end. Dogecoin (DOGE) is expected to be added in the first quarter of next year, and the company is currently figuring out how to take shiba inu (SHIB) as a currency. AMC […]

AMC Theatres on Track to Accept 4 Cryptocurrencies Next Month: CEO Expects Dogecoin and Shiba Inu to Follow

Shiba Inu (CRYPTO: SHIB) is not going to be listed on Robinhood (NASDAQ: HOOD) anytime soon, considering the comments made by the firm's chief operating officer Christine Brown.

Why Shiba Inu Probably Won't Be On Robinhood Anytime Soon

Robinhood looks more like early Coinbase than the version of the publicly traded exchange that listed Shiba Inu.

Robinhood Crypto COO: We're in No Rush to List Tokens Like SHIB

Shiba Inu (SHIB) could be in for some rough times ahead, says Mike McGlone, Bloomberg Intelligence senior commodity strategist. In the latest edition of the Bloomberg Crypto Outlook, McGlone refers to the popular memecoin as a “Dogecoin wannabe” and “an example of excesses among 13,000 cryptos.” SHIB made headlines in recent months due to jaw-dropping […] The post Shiba Inu Likely To Fall Victim to Gravity, Says Bloomberg Commodity Strategist Mike McGlone – Here's Why appeared first on The Daily Hodl.

Shiba Inu Likely To Fall Victim to Gravity, Says Bloomberg Commodity Strategist Mike McGlone – Here's Why

Dogecoin (CRYPTO: DOGE) traded 4.45% higher at $0.28 over 24 hours while rival meme cryptocurrency Shiba Inu (CRYPTO: SHIB) rose 4.9% higher at $0.00005664 in the same time frame early Tuesday morning.

Are Dogecoin And Shiba Inu On Track For Recovery?

Popular crypto strategist and trader Michaël van de Poppe is mapping out the potential path ahead for Shiba Inu (SHIB), THORChain (RUNE) and three other altcoins. The crypto analyst tells his 475,800 Twitter followers that he's looking at two possible trade scenarios for Shiba Inu where the meme coin could bounce. “This one is in […] The post Here's What's Next for Shiba Inu, THORChain and Three Additional Altcoins: Crypto Analyst Michaël van de Poppe appeared first on The Daily Hodl.

Here's What's Next for Shiba Inu, THORChain and Three Additional Altcoins: Crypto Analyst Michaël van de Poppe

AMC Entertainment Holdings Inc (NYSE: AMC) CEO Adam Aron said Monday that the cinema chain was exploring how to accept Shiba Inu (CRYPTO: SHIB).

AMC CEO Says Shiba Inu Is The 'Next One On Our Cryptocurrency Hit Parade' As Theater Chain Explores Adding 'Dogecoin Killer'

Bitcoin

Ethereum

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) both touched new all-time highs, with the apex coin crossing the $67,

Bitcoin, Ethereum Hit All-Time Highs As Taproot Looms Nearer — Dogecoin, Shiba Inu Spike Alongside

Meme coin Shiba Inu (CRYPTO: SHIB) has closed its fifth week in a clear long-term uptrend swing after showing staggering growth over the past year.

Shiba Inu Cements Its Long-Term Bullish Trend With A 5-Week Winning Streak

A cryptocurrency whale — crypto-speak for large crypto investor — apparently moved 20 trillion Shiba Inu (CRYPTO: SHIB) tokens in a major on-chain transaction.

Whale Moves $1.1 Billion Of Shiba Inu

Dogecoin (CRYPTO: DOGE) rose 5.2% to $0.28 over 24 hours while rival Shiba Inu (CRYPTO: SHIB) fell 7.99% to $0.00005346 in the same period early Monday morning.

Why Is Dogecoin Surging Today While Rival Shiba Inu Coin Slumps?

Bitcoin (CRYPTO: BTC) and major coins were buoyant Sunday night as the global cryptocurrency market capitalization rose 3.66% to $2.83 trillion.

Ethereum Charts All-Time High But Gets 'Flipped' By Shiba Inu On Twitter, Bitcoin Spikes Ahead Of Key Event, Dogecoin Follows Trail

Contending memecoin Shiba Inu (CRYPTO: SHIB) is purportedly the cryptocurrency with the highest one-year return on investment.

Shiba Inu's Insane Return On Investment: How Much You'd Have If You Invested $1K One Year Ago

According to a new report, cryptocurrencies Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE

Shiba Inu, Dogecoin Dominate Indian Crypto Market, Emerge As The Most Traded Cryptos

Shiba Inu (CRYPTO: SHIB) saw its popularity skyrocket over the last few months, sometimes even overtaking leading memecoin Dogecoin (CRYPTO: DOGE) in key metrics, now OKEx highlights that last month SHIB had a signific

EXCLUSIVE: Shiba Inu Beat Dogecoin On OKEx: 43% More Traded In October

The Nasdaq-listed crypto exchange Coinbase has made shiba inu cryptocurrency available to New York residents, who can now trade, buy, sell and store SHIB on Coinbase. This announcement follows the exchange adding SHIB trading pairs. Coinbase Grows Its Shiba Inu Crypto Offerings Cryptocurrency exchange Coinbase announced Friday that the shiba inu (SHIB) cryptocurrency is now […]

Coinbase Makes Shiba Inu Crypto Available to New York Residents After Adding SHIB Trading Pairs

Shiba Inu (CRYPTO: SHIB) is trading higher Friday as it rebounds from a few down days. Shiba Inu has been the crypto of choice while Dogecoin (CRYPTO: DOGE

Shiba Inu Sprints While Dogecoin Walks: How Much Has Shiba Outpaced Doge In The Last Month?

A vast majority of Shiba Inu (CRYPTO: SHIB) holders are still in profit according to data from The Block.

Data Shows 78% Of Shiba Inu Holders Are Making Money

Dogecoin (CRYPTO: DOGE) fell 2.17% to $0.26 over 24 hours but the fall in rival meme coin Shiba Inu (CRYPTO: SHIB) was more extreme as it plunged 17.7% over 24 hours to $0.00004723.

Dogecoin Looks To Hold It Together But Shiba Inu Continues To Crash Hard: What's Going On?

This week, a shiba inu whale moved almost $3 billion worth shiba tokens from its original wallet, sparking fears some large holders could be about to cash out...

Memecoin Price Wars: As Elon Musk Signals Dogecoin Support, Shiba Inu Coin Has Suddenly Crashed 50%—Here's Why

The price of the Shiba Inu token is falling fast following large moves by a SHIB whale yesterday.

Dogecoin Rival SHIB Plunges 27% in 24 Hours in Massive Sell-Off

The Shiba Inu (CRYPTO: SHIB) community didn't take well to Kraken's decision to not list the token on its crypto trading platform.

Shiba Inu Army Outraged As Kraken Fails To List SHIB Despite Promises

Shiba Inu (CRYPTO: SHIB) traded 15.1% lower over 24 hours at $0.00005675 early Thursday morning. What's Moving?

News for Shiba Inu Crypto (SHIB)