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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.

Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.29% lower as of writing. Shiba inu also climbed higher in today's session.

Biggest Movers: XRP Hits 2-Week High, SHIB Marginally Higher

The world's largest crypto exchange is expanding its proof-of-reserves system, detailing its eye-popping holdings of the popular altcoin Shiba Inu (SHIB). In a new blog post, Binance says that it holds more than $63 billion worth of crypto assets on behalf of its users.

78,546,133,520,601 Shiba Inu Worth $863,000,000 Now Held By Binance on Behalf of Crypto Investors

Ecosystem tokens jumped following confirmation from Shibarium developers.

Shiba Inu Layer 2 Blockchain Shibarium to Release Beta Version This Week

Shiba Inu's highly anticipated layer-2 scaling solution Shibarium is nearly ready for launch. Shibarium's official Twitter account says the countdown is now on, and liftoff for a beta version of the platform will happen this week.

Shiba Inu's Shibarium Says Public Beta Launch Imminent As Bone ShibaSwap (BONE) Skyrockets

Bone ShibaSwap (BONE), the governance token of the Shibaswap ecosystem spiked nearly 12% on Tuesday night to emerge as the top 24-hour cryptocurrency gainer beating the likes of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and bellwether meme coin Dogecoin (CRYPTO: DOGE).

Shiba Inu Governance Token Rallies Nearly 12% Amid Bitcoin, Ethereum, Dogecoin Weakness

A popular Shiba Inu (SHIB) developer is warning that some Shibarium crypto projects are exploiting his credibility for their own designs. The developer pseudonymously known as Shytoshi Kusama tells his 900,300 Twitter followers that he will cease following Shibarium projects on social media as it is being misconstrued as a vote of confidence.

Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

Bitcoin

Dogecoin

Ethereum

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are all trading lower going into the close of Tuesday's U.S. trading session.

Why Bitcoin, Ethereum, Dogecoin And Shiba Inu Are Falling

Coinbase product strategy and business operations director Conor Grogan has discovered an eyebrow-raising name linked to the mysterious creator of the crypto asset Shiba Inu (SHIB). In a series of tweets, Grogan says a wallet directly connected to Shiba Inu's creator has an interesting account name on the NFT trading platform OpenSea.

Coinbase Executive Discovers Potential Clue to Identity of Mysterious Shiba Inu Creator

One of the largest Shiba Inu (SHIB) whales in existence just surfaced as Bitcoin and the crypto markets at large coil up for their next big move. The whale tracking platform WhaleStats was first to identify a huge crypto transfer shifting 200,899,251,805 SHIB worth $2,207,882 in a single transaction.

Shiba Inu Whale Moves 200,899,251,805 SHIB in a Single Transaction as Bitcoin and Crypto Markets Search for Support

Shiba Inu (SHIB) has cemented its status as the largest altcoin holding among the 500 biggest whales on the Ethereum (ETH) network, according to the blockchain tracking service WhaleStats. Over $606.3 million in SHIB, representing about 54 trillion tokens at current prices, are sitting in the deep-pocketed investor's wallets.

54,308,468,786,386 Shiba Inu (SHIB) Now in Hands of World's Largest Ethereum Whales

The lead developer of Shiba Inu (SHIB) is addressing how the new SHIB Portal could boost the progress of the ecosystem's upcoming layer-2 project.

Lead Shiba Inu Developer Explains How Shiba Inu (SHIB) Portal Could Boost the Progress of Much-Hyped Shibarium

Former President Donald Trump took the spotlight this weekend with a video released on social media platform Rumble and his address to the Conservative Political Action Committee conference on Sunday. Here's a recap of a few major headlines that hit the wire over the weekend.

China Boosts Defense Spending, Shiba Inu Update, O'Leary's Life Lesson Draws Criticism And More: 5 Weekend Stories You May Have Missed

Investors in one Shiba Inu-related altcoin are now significantly outpacing those who hold Shiba Inu (SHIB) itself. The analytics firm IntoTheBlock says the majority of Bone ShibaSwap (BONE) investors are currently “in the money” and enjoying profits. According to IntoTheBlock, 56,370 BONE addresses are in the green, representing nearly 75% of all Bone ShibaSwap wallets.

Traders Who Pounced on Shiba Inu-Related Altcoin Are Significantly Outperforming Investors in SHIB: IntoTheBlock

Shiba Inu (CRYPTO: SHIB) team on March 3 said that its metaverse has arrived at its annual event SXSW.  What Happened: In the panel discussion to be held on March 13, SHIB developers said they will examine the creative and technical process of authoring Metaverse experiences with existing technologies.

If You Invest $100 In Shiba Inu Today, Here's How Much You'd Have If SHIB Returns To Metaverse Launch Levels

Bone Shibaswap (CRYPTO: BONE) rose 3% in the last 24 hours, even as Shiba Inu (CRYPTO: SHIB), Dogecoin (CRYPTO: DOGE) and Floki (CRYPTO: FLOKI) clocked losses amid a cryptocurrency market slide. What Happened: The rally comes after crypto exchange Crypto.com on March 2, lists BONE for trading.

Meme Token Rises 3% Amid Shiba Inu, Dogecoin Slide On Crypto.com Listing

The bankrupt crypto lender Voyager is not done selling its huge holdings of Shiba Inu (SHIB), according to new on-chain data. The analytics firm Lookonchain has released an update on how much crypto the embattled lender is currently in control of. According to the firm, Voyager now has 5,170,000,000,000 SHIB Worth $57,283,600.

5,170,000,000,000 Shiba Inu (SHIB) Worth $57,283,600 Now In Control of Embattled Crypto Lender

Pseudonymous Shiba Inu (CRYPTO: SHIB) developer Shytoshi Kusama has hinted on the progress of the layer-2 project Shibarium. Kusama recently updated his Twitter bio and mentioned that ShibaSwap is the only official decentralized exchange (DEX) for the SHIB and Shibarium ecosystem.

Shiba Inu Developer Hints Major Update For Highly Anticipated Crypto Project Shibarium

Pseudonymous Shiba Inu (SHIB) developer Shytoshi Kusama is dropping a big update on the progress of the highly anticipated layer-2 project Shibarium. In a new Twitter bio update, Shytoshi Kusama reveals that ShibaSwap is the only official decentralized exchange (DEX) for the Shiba Inu and Shibarium ecosystem. “Top Shib community member.

Lead Shiba Inu Developer Springs Big Update on Much-Awaited Evolution of Crypto Project Shibarium

Shiba Inu's rate of token burns has skyrocketed nearly 8,000% as the SHIB community welcomes yet another listing from a major crypto exchange. According to Shibburn, which keeps track of SHIB burning, the burn rate suddenly exploded 7,900% on Friday as 43 million tokens were burned in a single day.

Shiba Inu (SHIB) Burn Rate Explodes Nearly 8,000% As Dogecoin Rival Gets Surprise Listing from Major Exchange

Solana

While cryptocurrencies are no stranger to sudden market movements and volatility, the latest market shake-up has left many in the industry reeling. A large red bar appeared on trading charts of major cryptocurrencies on Friday, with their values plummeting by hundreds of millions of dollars within hours.

Bitcoin, Ethereum, Solana And Shiba Inu Drop: Major Reasons For Growing Fear In Crypto

A gaming altcoin backed by digital asset exchange Binance is throwing its weight behind the much-anticipated crypto project Shibarium. VOXEL, the native asset of the tactical RPG game Voxie Tactics, says it's championing the vision of lead Shiba Inu (SHIB) developer Shytoshi Kusama of creating a decentralized Shibarium that embraces every other crypto project.

Shiba Inu's Highly Anticipated Shibarium Earns Support From Binance-Backed Gaming Altcoin

WhaleStats has reported that the top 2000 Ethereum (CRYPTO: ETH) whales hold $606,553,503 worth of  Shiba Inu (CRYPTO: SHIB).  The top 2000 #ETH whales are hodling $606,553,503 $SHIB $167,714,936 $MATIC $155,922,150 $BEST $149,437,264 $LINK $131,748,690 $CHSB $96,219,283 $UNI $70,172,580 $LOCUS $69,722,963 $MANA Whale leaderboard https://t.co/R19lKnPlsK pic.twitter.com/EI2yxT9IDy — WhaleStats (tracking crypto whales) (@WhaleStats) March 3, 2023 According to Whale Alert, Shiba Inu has become the most traded token among the top ETH whales, beating out Chainlink (CRYPTO: LINK).

Shiba Inu Becomes Most Traded Token Among Largest Ethereum Whales: Here's How Much SHIB They're Holding

The price of Shiba Inu (SHIB) is bearish as it is falling below the moving average lines.

Shiba Inu Recovers Above Historical Price Level Of $0.00001085

A key Shiba Inu (SHIB) developer is hinting that the ecosystem's new layer-2 project is nearly finished and ready for launch. Pseudonymous developer Shytoshi Kusama tells his 896,000 Twitter followers that the team is listening to a song on repeat while they add the finishing touches to Shibarium, the protocol's highly-anticipated project.

Shiba Inu Developer Drops Big Clue on Progress of Highly Anticipated Crypto Project Shibarium

The largest Ethereum (ETH) whales are now holding more than $600 million worth of Shiba Inu (SHIB) as the meme token is attracting more developer interest. According to crypto whale tracker Whale Alert, the most valuable token holdings among the 2,000 largest ETH whale holders is $606,553,503 worth of SHIB.

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