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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.

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, thinks the dogecoin rival shiba inu token (SHIB) is “pointless,” criticizing its supply. The cryptocurrency skyrocketed 230% over the past week. Michael Burry Shares His View on Shiba Inu Token Famous investor and founder of private investment firm Scion Asset Management, Michael Burry, […]

‘Big Short' Investor Michael Burry Criticizes Shiba Inu Crypto After SHIB Soars 230% — Says It's ‘Pointless'

Dogecoin

Ethereum

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

Will Shiba Inu, Dogecoin Or Ethereum Rise More By 2022?

After breaking above a consolidation phase in early October, Shiba Inu (CRYPTO: SHIB) has clocked in mouth-watering gains. With the meme crypto taking off, backers of Shiba In

Clamor For Adding Shiba Inu To Robinhood Grows Louder As The Meme Crypto Shoots For The Moon

Hedge fund manager, investor, and physician Michael Burry has dismissed the Dogecoin (CRYPTO: DOGE) inspired cryptocurrency Shiba Inu (C

'The Big Short' Fame's Michael Burry Calls Shiba Inu Coin Pointless, Citing One Quadrillion Supply

The battle between two hot cryptocurrencies centered on the Shiba Inu dog was the topic in a Benzinga Twitter poll.

Shiba Inu (SHIB) Vs. Dogecoin (DOGE): Who's A Good Boy?

Shiba Inu's (CRYPTO: SHIB) team decided to step up its game even more after recently seeing massive gains surpassing Dogecoin (CRYPTO: DOGE).

Shiba Inu Takes On Dogecoin: Here's The Strategy

The cryptocurrency shiba inu has managed to capture the 18th position in terms of crypto market valuations. The token has gained 230% during the last seven days and year-to-date, SHIB has gained a whopping 24,177,682%. SHIB's Value Swells After Whale Buys $43 Million Worth of Tokens The popular meme-based crypto-asset shiba inu (SHIB) has seen […]

Meme Crypto Shiba Inu Skyrockets — SHIB Climbs 230% in a Week, Whale Buys 6 Trillion Tokens

Blockchain analytics platform Santiment says that a memecoin which has soared by nearly 400% over the past seven days could be due for a correction. Santiment points out that the number of Shiba Inu's (SHIB) active deposits is “extremely high,” which suggests a possible reversal in the future. “Yellow flags starting here. Extremely high active […] The post Analytics Firm Issues Altcoin Warning, Says Crypto Asset That's Surged 393,000% Year-to-Date Is Likely Overheated appeared first on The Daily Hodl.

Analytics Firm Issues Altcoin Warning, Says Crypto Asset That's Surged 393,000% Year-to-Date Is Likely Overheated

SHIBA INU (CRYPTO: SHIB) traded 26.9% lower at $0.00002245 over 24 hours leading up to early Friday morning. What's Moving?

Why Is Shiba Inu Crashing Today?

Dogecoin (CRYPTO: DOGE) rival Shiba Inu (CRYPTO: SHIB) has seen 258% price surge over three days and on-chain activity is “extremely high," according

Where Will Shiba Inu Price Go Next? Here's What On-Chain Activity Says About The Dogecoin Rival

Meme coin Shiba Inu continues its meteoric rise, soaring by another 50% over the day to become the world's 12th largest cryptocurrency.

Shiba Inu Is 385% in a Week, Becomes 12th Largest Cryptocurrency

SHIBA INU (CRYPTO: SHIB) shot up 34.56% to $0.0000301 over 24 hours leading up to early Thursday morning.

What's Taking Shiba Inu To The Moon Today?

SHIBA INU (CRYPTO: SHIB) investors are reporting not being able to trade the token on Coinbase Global Inc's (NASDAQ: COIN) Pro platform.

Shiba Inu Users Report Not Being Able To Trade Crypto On Coinbase Pro

Bitcoin

Bitcoin (CRYPTO: BTC) continued its ascent on Wednesday night as the global cryptocurrency market capitalization touched $2.28 trillion, a rise of 2.38% over 24 hours.

Bitcoin Dominates Ethereum, Dogecoin Gains And Shiba Inu Extends Eye-Popping Rally

Shiba Inu (CRYPTO: SHIB) recently saw its price skyrocket and caught the attention of many, including popular crypto influencer CryptosRUs.

'Shiba Is Better' Than Dogecoin: Popular Crypto Influencer Flips On SHIB

Over the past 24 hours, Shiba Inu's (CRYPTO: SHIB) price rose 22.36%. This continues its positive trend over the past week where it has experienced a 232.0% gain.

Shiba Inu Rises More Than 22% In 24 hours – 232% In 7 Days

Polygon

Pulled from Benzinga Pro here's the list of the top crypto gainers and losers at the time of publication:

Shiba Inu, Bitcoin, Polygon Among The Top Crypto Movers For Today

Shiba Inu (CRYPTO: SHIB) has returned an astounding 27,000,000% since the start of the year, and the meme-based cryptocurrency's largest holders appear to be adding to their position.

Shiba Inu Gains 27 Million Percent YTD After Whale Buys 6 Trillion More SHIB Tokens

Four emerging altcoins are on a tear after surging 101% or more within one week as Bitcoin (BTC) and the crypto markets ignite. One of the high-flying coins as of late is meme cryptocurrency and Dogecoin (DOGE) competitor Shiba Inu (SHIB). The altcoin skyrocketed from a low of $0.000006 to a high of $0.00002, marking […] The post Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite appeared first on The Daily Hodl.

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

SHIBA INU (CRYPTO: SHIB) soared 71.91% over 24 hours leading up to early Wednesday. What's Moving?

Why Is Shiba Inu Skyrocketing Again Today?

A dog-themed competitor to Dogecoin (DOGE) is surging as the overall cryptocurrency market bounces back from a recent slump. One of the top performers as of late is memecoin and DOGE competitor Shiba Inu (SHIB), which was able to ignite an 87% rally in just a single day. The 22nd-ranked crypto asset by market cap […] The post Dogecoin Competitor Explodes 87% in Just One Day As Bitcoin and Crypto Markets Turn Green appeared first on The Daily Hodl.

Dogecoin Competitor Explodes 87% in Just One Day As Bitcoin and Crypto Markets Turn Green

Shiba Inu (CRYPTO: SHIB) was trading up almost 50% higher at one point Tuesday, after the crypto busted up through two resistance levels at $0.00001406 and $0.00001799.

Shiba Inu Runs Further Than Dogecoin, Bitcoin Following Whale Purchase: What's Next For The Crypto Puppy?

Meme coin and Dogecoin rival SHIB has jumped by more than 57% over the day following another Shiba Inu-themed tweet by Elon Musk.

Meme Coin Shiba Inu Hits 5-Month High, Dogecoin Up Nearly 10%

Shiba Inu (CRYPTO: SHIB) and Velas (CRYPTO: VLX) are seeing higher interest than major cryptocurrencies such as Bitcoin (CRYPTO: BTC) and

Shiba Inu And This Minor Altcoin Are Buzzing More On Twitter Than Dogecoin And Bitcoin

SHIBA INU (CRYPTO: SHIB) skyrocketed 56.61% to $0.00001324 over 24 hours early Tuesday morning. What's Moving?

News for Shiba Inu Crypto (SHIB)