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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 hype over Shiba Inu's layer-2 blockchain Shibarium has obscured another big development in the works for the Dogecoin competitor – the coming launch of two new ecosystem tokens. Lead developer Shytoshi Kusama says one incoming addition to Shiba Inu's ecosystem is a rewards-based token called Treat (TREAT).

New Shiba Inu (SHIB) Altcoins Quietly Gearing Up for Launch – Here Are the Under-the-Radar Crypto Projects Coming This Year

The price of Shiba Inu (SHIB) is currently in a bearish trend zone.

Shiba Inu Sinks, But Moves In A Bandwidth

Binance.US just ditched a coin that's designed to be mathematically pegged to Shiba Inu, deciding instead to launch full support for the native crypto asset SHIB.

Binance.US Launches Full Support for Shib Inu (SHIB) – Is Bone ShibaSwap (BONE) Next?

Dogecoin

A Shiba Inu (SHIB) and Dogecoin (DOGE) competitor is announcing a new partnership with the Binance Chain's biggest lending protocol. The team behind Floki (FLOKI) says that the crypto project is collaborating with the Venus Project, the second-largest decentralized finance (DeFi) ecosystem on the BNB Chain.

Shiba Inu (SHIB) and Dogecoin (DOGE) Competitor Partners With Binance Chain's Largest Lending Protocol

A mysterious whale is accumulating Shiba Inu (SHIB) in large amounts as the crypto project prepares a big ecosystem update. The whale in question has added 384,570,786,965 SHIB worth $5.05 million in the last 10 days – and now holds a grand total of 19,420,099,565,898 SHIB worth $255.56.

384,565,119,597 Shiba Inu (SHIB) Transferred to Mystery Crypto Whale in Span of 10 Days

Bone Shibaswap (CRYPTO: BONE) is up 6% in the last 24 hours, outperforming the top five meme coins by market capitalization. What Happened: At the time of writing, BONE was trading at a high of $1.97, on its way to breaching the $2-mark.

Shiba Inu Ecosystem Token Leaves Dogecoin, Floki In The Dust With 6% Surge Ahead Of Shibarium Launch

A key altcoin in Shiba Inu's (SHIB) ecosystem is slated to be listed on Gate.io, according to an update from the crypto exchange. Gate.io, a top 20 exchange with over $800 million in 24-hour trading volume, updated its trading page for ShibaSwap (BONE) on Thursday with a countdown to when the altcoin will go live.

Fast-Rising Altcoin From Shiba Inu (SHIB) Ecosystem Gets Major Crypto Exchange Listing Ahead of Shibarium Release

Ethereum

Uniswap

Uniswap NFT is looking to out-engineer the competition by allowing traders to buy NFTs using any Ethereum-based token.

Uniswap Traders Can Now Buy NFTs With UNI, SHIB or Any Ethereum Token

More than 410 trillion Shiba Inu (SHIB) tokens have been permanently burnt from the asset's supply, according to the burn tracker Shibburn. Millions of SHIB tokens are burning nearly every day as Shiba Inu's highly-anticipated layer-2 network Shibarium prepares to launch in beta mode next week.

410,385,130,202,095 Shiba Inu (SHIB) Burned From Supply Forever Ahead of Imminent Shibarium Release

Shiba Inu's highly-anticipated layer-2 network Shibarium will launch in beta mode next week, according to a key player in the memecoin's ecosystem. The official Twitter account for Bone ShibaSwap (BONE) just posted a viral tweet confirming the launch date. The most #important topics for everyone!1.

Confirmed: Shiba Inu's Highly Anticipated Shibarium Set for Initial Launch Next Week

Floki (CRYPTO: FLOKI) is down 13% in the last 24 hours, after posting 94% gains in the last seven days.  What Happened: Twitter Chief Elon Musk had sent Floki rallying last week after posting a photo of a dog, presumably his pet Shiba Inu, assuming the role of "new CEO" of the microblogging site.

Floki Plunges After Elon Musk-Linked Rally — But This Shiba Inu Governance Token Spikes 11%

A leading cryptocurrency analytics firm says a huge amount of Shiba Inu (SHIB) and Ethereum (ETH) is on its way to the US-based crypto exchange Coinbase. According to PeckShield's Twitter alert account, about $7.6 million in crypto assets, including 2,500 ETH worth $4.2 million and 250 billion SHIB worth $3.

250,000,000,000 Shiba Inu and 2,500 Ethereum Sent to Coinbase in Pair of Massive Transfers: PeckShield

Shibu Inu (CRYPTO: SHIB), which has been consolidating since Thursday, has broken out of its recent trading range, thanks to a sharp rally on Sunday morning. What Happened: Shiba Inu, which closed Saturday's session at $0.00001319, moved out of the upper bound of a recent trading range of $0.00001306-$0.00001336 around 9:15 a.m.

Shiba Inu Climbs To Key Resistance After Breaking Out Of Consolidation Range: What You Should Know

Chainlink

Polygon

After gobbling up nearly $900 million worth of Shiba Inu (SHIB) and Polygon (MATIC), crypto whales now have their eyes on two other altcoins running on the Ethereum (ETH) blockchain. Blockchain-tracking service WhaleStats reveals that the largest 1,000 Ethereum whales have accumulated more than $671 million worth of SHIB and $210 million worth of MATIC.

After Accumulating $881,000,000 in Shiba Inu and Polygon, Whales Are Now Targeting Two Ethereum-Based Altcoins

A pair of Shiba Inu-related altcoins are soaring as developers prepare to launch a highly-anticipated layer-2 network called Shibarium. The new network is designed to be similar to Polygon (MATIC), offering developers a fast and scalable platform to build on while giving traders access to new projects and custom tokens with low transaction fees.

Shiba Inu Altcoins Explode As Crypto Project Hints at Release Date for Ethereum Scaling Platform

The price of Shiba Inu (SHIB) is rising as it is trading above the moving average lines, indicating an uptrend.

Shiba Inu Rebounds, But Fights $0.00001500s Opposition

New data reveals that bankrupt crypto lender Voyager Digital is suddenly moving hundreds of billions of Shiba Inu (SHIB) tokens to Coinbase. According to blockchain cybersecurity company Peckshield, the embattled crypto firm has transferred a total of $28.7 million worth of digital assets to various crypto exchange platforms.

250,000,000,000 Shiba Inu (SHIB) Abruptly Moved to Coinbase by Bankrupt Crypto Lender Voyager

A rival of dog-themed crypto assets Shiba Inu (SHIB) and Dogecoin (DOGE) is continuing to surge after being listed on a major crypto exchange. In a new update, the team behind the crypto project Floki (FLOKI) announces that the meme asset is going to be listed by Kucoin, a prominent crypto exchange platform.

Shiba Inu and Dogecoin Rival That's Exploded 520% This Year Finds More Momentum Ahead of Major Exchange Listing

Elon Musk, head honcho at both Tesla and Twitter, has once again demonstrated his ability to move markets with a single tweet. In a Feb. 15 post, he shared a photo of his dog wearing an iconic Silicon Valley-style black turtleneck while seated authoritatively in a large armchair behind a desk.

Power Of The Dog? Elon Musk's Canine Tweet Has Traders Howling: The Latest On Shiba Inu, Dogecoin, Floki

A Shiba Inu (SHIB) developer says that the beta version of the meme coin's highly anticipated layer-2 blockchain is set for unveiling. Pseudonymous developer Shytoshi Kusama tells his 881,400 Twitter followers that Shibarium, Shiba Inu's layer-2 network built atop Ethereum (ETH) and similar to scaling solutions such as Polygon (MATIC), is ready.

Shiba Inu's Highly Anticipated Layer-2 Project Is Ready, Says the Dogecoin Rival's Lead Developer – Here's the Release Timeline

Shiba Inu (CRYPTO: SHIB) soared 9% late on Wednesday, beating the top five meme coins by market capitalization as the community comes closer to Shibarium, a layer-2 network. What Happened: Shytoshi Kusama, lead developer of Shibarium shared an invite on Twitter, for people interested in Shiabrium.

Shiba Inu Soars 7% After Lead Developer Shares Shibarium Invite: 'Burn, Protect, Help, Grow'

One of the largest holders of Shiba Inu (SHIB) in existence just switched back into accumulation mode. About ten days ago, as Bitcoin and the crypto markets began a significant pullback, the whale let go of 70,000,000,000 SHIB worth $956,200. Now, the crypto giant appears ready to dive back into the market.

Massive Shiba Inu Whale Rapidly Accumulates 50,000,000,000 SHIB As Dogecoin Rival Rallies

Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global cryptocurrency market cap is 2.42% higher as of writing.

Biggest Movers: DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures

Shiba Inu (CRYPTO: SHIB) ecosystem token BONE (CRYPTO: BONE) is rallying 9% in the last 24 hours ahead of the much-anticipated Shibarium launch. What Happened: At the time of writing, BONE was trading at $1.49.

Shiba Inu Ecosystem Token Surges 9% After Lead Developer Says 'Shibarium Is Ready'

An Ethereum (ETH)-based memecoin thought to be created by the same developer behind Dogecoin (DOGE) competitor Shiba Inu (SHIB) has pulled off enormous gains over the past two weeks while the rest of the crypto markets trade sideways.

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