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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.

Shiba Inu (CRYPTO: SHIB), aka a Doge (CRYPTO: DOGE) killer, has been on a tear since late Saturday and is currently at new all-time highs.

Price Alert: Shiba Inu To The Moon? Meme Crypto Jumps To New All-Time Highs

Shannon Bray a 2022 U.S. Senate candidate says that once the Shiba Inu (CRYPTO: SHIB) meme cryptocurrency recaptures the $0.00003 zone, it may soon after reach a new all-time high.

Shiba Inu Regains $0.00003, May Reach New ATH, Says US Senate Candidate Shannon Bray

Dogecoin

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were among the

Dogecoin, Shiba Inu Lead Crypto Market Rebound After Friday's Profit Taking

Shiba Inu (CRYPTO: SHIB) traded 4.34% lower at $0.00002735 over 24 hours early Friday morning. What's Moving?

Has Shiba Inu Lost Its Steam In Favor Of Bounce Token And Baby Bitcoin?

Scott Minerd, the chief investment officer at Guggenheim Partners, revealed that he regrets missing out on the Shiba Inu (CRYPTO: SHIB) rally.

Guggenheim CIO Scott Minerd Regrets Not Investing In Shiba Inu: 'I Wish I'd Invested $100,000'

The success of Bitcoin (CRYPTO: BTC) inspired a number of imitators, including Dogecoin (CRYPTO: DOGE).

5 Top Shiba Inu Cryptocurrencies From Best To Worst: Dogecoin, Floki And More

SHIBA INU (CRYPTO: SHIB) traded 0.15% lower at $0.000028 in the early hours of Wednesday.

Has Shiba Inu Price Hit A Wall Of Resistance? Why Investments In Dogecoin Killer Are Slumping Today

Digital asset analytics firm Santiment says that traders should keep a close eye on one on-chain metric that can potentially signal major rallies for meme crypto asset Shib Inu (SHIB) Santiment tells its 109,100 Twitter followers to watch the number of SHIB whale transactions exceeding $100,000. “When these transactions come in bunches, price rises generally […] The post This Shiba Inu On-Chain Metric Could Signal Future Price Rallies: Crypto Analytics Firm Santiment appeared first on The Daily Hodl.

This Shiba Inu On-Chain Metric Could Signal Future Price Rallies: Crypto Analytics Firm Santiment

Over the past 24 hours, Shiba Inu's (CRYPTO: SHIB) price has fallen 3.5% to $0.000028. This continues its negative trend over the past week where it has experienced a 2.0% loss, moving from $0.000029 to its current price.

Shiba Inu Decreases More Than 3% Within 24 hours

SHIBA INU (CRYPTO: SHIB) failed to move up in the early hours of Tuesday despite rumors that Robinhood Markets, Inc (NASDAQ: HOOD) would list the self-described Dogecoin (CRYPTO:

Shiba Inu Price Today: Meme Coin Refuses To Budge On Robinhood Rumor

Some of the Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) knockoffs such as Baby Floki (CRYPTO: BSC), Doge Dash (CRYPTO: DOGEDASH), Baby Saitama Inu (CRYPTO: BABAYSAITAMA) and

These Dogecoin And Shiba Inu Knock-Offs Are Striking Major Gains Today, With One 'Rabbit' Coin Up 483%

Shares of Robinhood Markets, Inc (NASDAQ: HOOD) spiked about 1.35% higher at 12:20 p.m.

How Robinhood Stock Technicals Look Following Shiba Inu Listing Rumor

Elon Musk's latest post on Twitter preceded a sharp rise in the price of Shiba Inu (CRYPTO: SHIB) abd several members in the cryptocurrency community attributed the sharp rise to have been caused by Tesla Inc (NASDAQ:

Shiba Inu Rallies After Elon Musk Posts 'To The Moon' Meme On Twitter

An anonymous buyer, who has been on a Shiba Inu (CRYPTO: SHIB) shopping spree since the beginning of Oct, has now accumulated 49.9 billion SHIB tokens.

Whales Buy Millions Of Dollars Worth of SHIB, As Shiba Inu Prepares To Breakout

Shiba Inu's (CRYPTO: SHIB) price has decreased 12.69% over the past 24 hours to $0.000025, continuing its downward trend over the past week of -2.0%, moving from $0.000026 to its current price.

Shiba Inu Falls More Than 12% In 24 hours

SHIBA INU (CRYPTO: SHIB) recently dropped the first batch of SHIB NFTs dubbed “Shiboshis” recently. What Is Shiboshi?

What Are Shiba Inu Shiboshi NFTs And How To Buy

Roinhood Markets Inc (NASDAQ: HOOD) has unveiled a waitlist for its much-anticipated cryptocurrency wallet and there is an increasing clamor for SHIBA INU (CRYPTO: SHIB) to be included as well.

When Will Shiba Inu Hit Robinhood?

Bitcoin

Shiba Inu (CRYPTO: SHIB) was trading on Wednesday in a sideways tightening pattern along with Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE), wit

Shiba Inu Falls Into A Sleepy Slumber With Dogecoin, Bitcoin: Is The Crypto Ready To Run Again Soon?

Now that Shiba Inu (CRYPTO: SHIB) became a top 20 cryptocurrency with a market cap of $11.1 billion, many are starting to ask themselves what it will take for it to overtake its older brother Dogecoin (CRYPTO: DO

The Memecoin Flippening: Here's What It Would Take For Shiba Inu To Overtake Dogecoin

New data further confirms Shiba Inu (CRYPTO: SHIB) is a rising star in the crypto world, since the coin's Twitter Inc (NYSE: TWTR) mentions exceeded that of leading memecoin Dogecoin (CRYPTO:

Shiba Inu's Twitter Popularity Wins On Dogecoin, Bitcoin And Ethereum

SHIBA INU (CRYPTO: SHIB) shot up 14.09% to $0.00003082 over 24 hours in the early hours of Tuesday. What Happened: The self-described Dogecoin (CRYPTO: DOGE) Killer has soared 142.74% so far this week.

Shiba Inu Surges Another 14% But Is An End To Rally Coming Soon?

Shiba Inu (CRYPTO: SHIB) saw a major rebound from last week after newfound enthusiasm over the coin jumpstarted a bull run.

Shiba Inu Flies 41% Higher Despite Whales' Dump

Considered a contender in the memecoin space, Shiba Inu (CRYPTO: SHIB) has some industry experts believing it to be beating market leader Do

The Doge Fight: Shiba Inu Beats Dogecoin's Volume Two Times Over

Over the past 24 hours, Shiba Inu's (CRYPTO: SHIB) price rose 14.17% to $0.000029. This continues its positive trend over the past week where it has experienced a 186.0% gain, moving from $0.000010 to its current price.

Shiba Inu's Price Increased More Than 14% Within 24 hours

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