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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.

Bitcoin

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.

Would You Buy Bitcoin, Ethereum, Dogecoin Or Shiba Inu For Your Valentine?

Cryptocurrencies staged a recovery last week after an extended lean patch that started late last year. The turnaround came about as these digital currencies locked step up with Big Techs, which capitalized on some strong earnings reports.

Dogecoin Vs. Shiba Inu: How The Meme Coin Rivalry Pan Out In Recent Crypto Market Recovery

Memecoin and Dogecoin (DOGE) rival Shiba Inu (SHIB) is selling virtual land in their recently announced metaverse. In a new announcement, Shiba Inu introduces Shiba Lands, virtual real estate in the Shiba Inu Metaverse. New Blog: A METAVERSE Story that begins… with an update! 🏡 Introducing Lands, a queue system, and more!🦮 $LEASH holders will be […] The post Dogecoin (DOGE) Competitor Shiba Inu (SHIB) Announces New Metaverse Project appeared first on The Daily Hodl.

Dogecoin (DOGE) Competitor Shiba Inu (SHIB) Announces New Metaverse Project

Cryptocurrencies have staged a cautious recovery in recent sessions, but these digital currencies are not out of the woods yet. Shiba Inu (CRYPTO: SHIB), which bounced back nicely in a recent reversal, could get a lift in the near term from a positive catalyst.

Shiba Inu Wins Back-to-Back Listings In Brazil; One Of Nation's Top Crypto Exchanges To List The Meme Token Next Week

News of this development has proven especially bullish for SHIBA INU. On Wednesday, the memecoin had surged by 13% in the space of 24 hours — gaining 60% in a seven-day timeframe.

SHIBA INU Launching Metaverse — and McDonald's May Too

Shiba Inu (CRYPTO: SHIB) and a sister coin purporting to be a Dogecoin (CRYPTO: DOGE) killer have shot up as buzz builds around a hitherto unnamed metaverse.

Why Is Dogecoin Rival Shiba Inu Coin Spiking Today?

The team behind the second-biggest meme coin is entering the metaverse space.

Shiba Inu Sets Course for Meme Coin Metaverse as Doge Killer Token Jumps 48%

Following a 12% decline yesterday, shiba inu (SHIB) rose by that same percentage today, as bulls once again boarded the rocket ship. This comes as prices of FLOW were also higher during the session. Biggest gainers Price movement in SHIB continues to be volatile, with the meme coin rising by as much as 60% in […]

Technical Analysis: Flow Moves Higher, as SHIB Climbs 12%

Shiba inu's (SHIB) 50% rise on Tuesday, seems to have inspired LEO bulls, who moved to push prices up by 61% in today's session. The move comes as crypto markets consolidated yesterday's gains. Biggest gainers Monday's biggest loser, was Tuesday's biggest gainer, as UNUS SED LEO was up by as much as 61% as of […]

Technical Analysis: LEO up 60% Today, SHIB Falls Lower Following Monday's Gains

Shiba Inu (CRYPTO: SHIB) saw a large uptick in high-value transactions over the last 24 hours.

Shiba Inu Sees 450% Increase In Large Transactions Over 24 Hours

Shiba Inu (CRYPTO: SHIB) is asking Coinbase Global Inc (NASDAQ: COIN) to be its valentine amid a renewed cryptocurrency rally.

Why Does Shiba Inu Coin Want Coinbase To Be Its Valentine?

Analysts at crypto research company FSInsight have issued a huge 2022 bitcoin and ethereum price prediction...

Crypto Price Prediction: What's In Store For Bitcoin And Ethereum In 2022 As XRP, Dogecoin And Shiba Inu Suddenly Soar

Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the week. The so-called ‘meme coin' rally has seen SHIB recapture a $16 billion market capitalization. Biggest gainers On Monday, bitcoin (BTC) and ethereum (ETH) both reached multi-week highs, with DOGE and XRP also trading over […]

Technical Analysis: SHIB Climbs 50% Higher, as Meme Coin Hits $16 Billion Market Cap

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CryptoCodex: Bitcoin And Ethereum Left In The Dust By XRP And Dogecoin Rival Shiba Inu Price Surge

Shiba Inu (CRYPTO: SHIB) — the self-described “Dogecoin (CRYPTO: DOGE) killer” — has flipped Curve DAO Token (CRYPTO: CRV

Shiba Inu Coin Emerges As Most-Traded Token By Top 1,000 Ethereum Wallets

Shiba Inu is among the crypto market's biggest gainers as the price of the token exploded by 20% over the day.

SHIB Soars 20% Amid Crypto Market Revival

Shiba Inu (CRYPTO: SHIB) traded nearly 30% higher Sunday night amid a plan by Bigger Entertainment to burn tokens on Valentine's Day.

Dogecoin Rival Shiba Inu Is Soaring Ahead Of A Key Event Planned For Valentine's Day

Shiba Inu (CRYPTO: SHIB) may not have had a rip-roaring January to show, but the dog-themed currency has remained the favorite among digital currencies.

Shiba Inu Edges Out Bitcoin, Becomes The Most Popular Crypto On CoinMarketCap In January

A majority of investors trading Shiba Inu (CRYPTO: SHIB) on Coinbase Global Inc (NASDAQ: COIN) appear to be bullish on the meme-based cryptocurrency.

70% Of Shiba Inu Traders On Coinbase Are Now Buying: How Does This Compare To Last Month?

A recent announcement from Shiba Inu (CRYPTO: SHIB) appears to have missed the mark as disappointed members of the community took to Twitter to share their frustration.

Shiba Inu's Big Announcement Disappoints Community

A cryptocurrency whale just acquired nearly 48 billion Shiba Inu (CRYPTO: SHIB) tokens, as the coin is starting to attract more and more large-holder interest.

Shiba Inu Whale Adds Another 48B SHIB To Their Wallet, A New Crypto Whale Favorite?

One of Ethereum's (CRYPTO: ETH) most valuable wallets just added 50 billion Shiba Inu (CRYPTO: SHIB) to its already hefty reserves of the token as burn mechanisms continue decreasing the coin's supply.

Major Ethereum Whale Buys 50B SHIB As Burns Continue To Decrease Supply

Steven Cooper, the CEO of Bigger Entertainment, believes that community-led efforts can help Shiba Inu (CRYPTO: SHIB) reach a price of $0.01.

This CEO Explains How Shiba Inu Can Reach $0.01 'Through Entertainment'

Senator Wendy Rogers (R-AZ) said that people should have the freedom to buy other cryptocurrencies such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), even if some of the digital coins are not "as

Arizona Senator Who Proposed The Bitcoin Bill Says People Should Be Able To Buy Dogecoin, Shiba Inu Because It's A Matter of 'Freedom'

Fans of major memecoin Shiba Inu (CRYPTO: SHIB) have started to conquer the physical world, with at least one brick-and-mortar business now accepting the crypto for food.

News for Shiba Inu Crypto (SHIB)