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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

Major coins, including Bitcoin (CRYPTO: BTC), showed strength Sunday evening as the global cryptocurrency market cap rose 3.65% to $2.56 trillion. What Happened: BTC traded 4.47% higher $57,218.96 over 24 hours.

Bitcoin, Ethereum Rebound From Weekend Plunge, Moving Past Omnicorn COVID-19 Variant Concerns, Dogecoin, Shiba Inu Follow Course

Meme crypto Shiba Inu (CRYPTO: SHIB), which has had a terrific run this year, could soon venture into gaming.

Shiba Inu Partners With Former Activision Executive For A Shiba Inu NFT Game; Metaverse Efforts In The Works

A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to add SHIB support soon, according to AMC Theatres CEO Adam Aron who said his company will start accepting SHIB for payments in the first quarter. […]

Retail Giant Newegg Confirms Shiba Inu ‘Coming Soon' as AMC Theatres Gets Ready to Accept SHIB Payments

Major tech retailer Newegg Commerce Inc. (NASDAQ: NEGG) has officially confirmed that it will accept Shiba Inu (CRYPTO: SHIB).

It's Official! Online Retail Giant Newegg Confirms That It Will Accept Shiba Inu

Scammers are using compromised YouTube accounts to steal millions of dollars in crypto from unsuspecting viewers, according to a new report. The cybersecurity firm Tenable says digital thieves are employing a savvy blend of fake celebrity endorsements and trending cryptocurrencies to reap illicit gains through fake giveaway events. Analyst Satnam Narang says the scammers are […] The post Tech Savvy Crooks Are Stealing Millions in Bitcoin, Ethereum and Shiba Inu Through YouTube Live: Report appeared first on The Daily Hodl.

Tech Savvy Crooks Are Stealing Millions in Bitcoin, Ethereum and Shiba Inu Through YouTube Live: Report

Cryptocurrencies are sinking along with the rest of the financial markets on Friday amid concerns over a new variant of the COVID-19 virus that is threatening to derail the post-pandemic recovery. Meme crypto Shiba Inu (CRYPTO: SHIB), however, is faring relatively better.

Shiba Inu Weathers Crypto Sell-off Relatively Better, Becomes The First Memecoin To List In South Korea

Meme cryptocurrency Shiba Inu has seen a massive price surge today as the project registers a record number of token holders.

Shiba Inu Up 18% Amid 1 Million SHIB Holders Milestone

Toronto-based health care services provider Ask The Doctor is enabling its users to pay in Dogecoin (CRYPTO: DOGE), Floki Inu (CRYPTO: FLOKI) and Shiba Inu (CRYPTO:

Meet The Telehealth Service That's Accepting Dogecoin, Shiba Inu And Floki Inu

Search volume for meme coin Shiba Inu (CRYPTO: SHIB) has declined by 60% on Google since peaking Oct. 24.

Retail Interest In Shiba Inu Falls 60% Since October Peak

Shiba Inu (CRYPTO: SHIB) plunged 11.12% to $0.00003887 over 24 hours early Wednesday morning.

Shiba Inu Continues To Plunge: Is Panic In India Taking Toll On The Coin?

The Best Daily Overview Of The Crypto Space On today's episode of Crypto Breakdown, Benzinga's Blockchain Editor Joe Dewitt looks at the new dipping levels of Shiba Inu.

Should You Buy The Dip In Shiba Inu? What The Charts For Dogecoin Reveals – Crypto Breakdown, November 23, 2021

Shiba Inu's (CRYPTO: SHIB) price has decreased 4.95% over the past 24 hours to $0.000041, continuing its downward trend over the past week of -15.0%, moving from $0.000049 to its current price.

Shiba Inu Down More Than 4% Within 24 hours

Shiba Inu (CRYPTO: SHIB) traded 3.8% lower at $0.00004296 over 24 hours late Monday night. What's Moving?

Shiba Inu Continues To Crash: Will Promised 'Good News' Bring Good Fortunes For Shib Army?

Major coins traded lower on Monday evening as the global cryptocurrency market capitalization decreased 2.5% to $2.54 trillion.

'Fear' Grips Bitcoin, Ethereum, Dogecoin, Shiba Inu: Is A Rising US Dollar Spelling Woes For Cryptos?

Shiba Inu (CRYPTO: SHIB) — the memecoin advertised as Dogecoin-killer (CRYPTO: DOGE) turned utility token — issued a warning to its investors after they were targeted by scammers.

Shiba Inu Issues Warning To Its Investors

While crypto-asset markets have shed billions during the last week, the top meme tokens coins by market capitalization have seen deeper losses than most coins. The top two meme digital assets dogecoin and shiba inu have seen double-digit losses during the last seven days. The top meme tokens coins by market capitalization today are worth […]

Meme Coin Market Cap Loses 3.5%, Top 2 Leaders Dogecoin, Shiba Inu Shed Billions

Billy Markus, the co-founder of meme-based cryptocurrency Dogecoin (CRYPTO: DOGE), asked Twitter Inc (NYSE: TWTR) CEO Jack Dorsey to “do something” about the influx of Sh

Dogecoin Co-Founder Asks Jack Dorsey To 'Do Something' About Shiba Inu Promoters On Twitter

Coinbase Global Inc (NASDAQ: COIN) said Shiba Inu (CRYPTO: SHIB) volumes on its platform are declining as the “retail meme coin mania cools off.”

Shiba Inu Slips To 3rd Spot In Coinbase Volume Rankings As 'Retail Meme Coin Mania Cools Offs;' These Are The 2 Cryptos Outdoing it

Avalanche

Avalanche (CRYPTO: AVAX) project founder and Ava Labs CEO Emin Gün Sirer said on Sunday that the cryptocurrency will “address lesser engineering problems without batting an eyelid,” taking a dig at Ethereum's (CRYPTO:

Avalanche May Be Battling Dogecoin And Shiba Inu Over Market Cap But Its Real Pickle Is With Ethereum

Shiba Inu's (CRYPTO: SHIB) — the memecoin advertised as Dogecoin-killer (CRYPTO: DOGE) turned utility token — community expressed great enthusiasm as major tech retailer Newegg Commerce Inc.

Shiba Inu Community Rejoices As Online Retail Giant Hints At Adoption

Shiba Inu (CRYPTO: SHIB) made some billionaires on its way up, and now a Las Vegas car dealership wants to capitalize on this newfound wealth by adopting the cryptocurrency.

Buy A Tesla With Your Shiba Inu, Now You Can!

Shiba Inu (CRYPTO: SHIB) has turned a lot of heads with its astronomical rise, but it is hard to wrap one's head around just how absurdly high the investment returns of this memecoin really are.

If You Invested $15 In Shiba Inu On Day One, You'd Be A Millionaire Now

Cardano (CRYPTO: ADA) founder Charles Hoskinson says that meme coins including Shiba Inu (CRYPTO: SHIB), Dogecoin (CRYPTO: DOGE),&n

Meme Coins Like Shiba Inu And Dogecoin Have Reached Massive Market Caps Despite Lacking User Utility, Says Charles Hoskinson

Chainlink

yearn.finance

Whale-watching bot WhaleStats is revealing which altcoins are popular purchases among Ethereum's (ETH) top 1,000 holders. According to the whale-surveilling bot, deep-pocketed Ethereum holders bought an average of $296,737 worth of stablecoin USD Coin (USDC) in the last 24 hours to top the list. It is followed by smart contract platform Ethereum and top stablecoin Tether […] The post Top Ethereum Whales Accumulating Axie Infinity, Shiba Inu and 7 Additional Altcoins: Report appeared first on The Daily Hodl.

Top Ethereum Whales Accumulating Axie Infinity, Shiba Inu and 7 Additional Altcoins: Report

Cardano (ADA) creator Charles Hoskinson says that meme coins have reached market caps of billions of dollars despite lacking user utility. The CEO of the blockchain tech firm responsible for the development of Cardano, Input Output Hong Kong (IOHK), tells his 291,000 YouTube subscribers that crypto projects should be evaluated based on their mission and […] The post Cardano Creator Examines Shiba Inu and Dogecoin, Lists Key Factors in Evaluating Crypto Projects appeared first on The Daily Hodl.

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