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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.

Shiba Inu (CRYPTO: SHIB) traded 7.2% lower at $0.000033 over 24 hours leading up to Wednesday night.

Shiba Inu Plunges Alongside Major Cryptos: Can This Touted 'Big Surprise' Allow The Meme Coin To Regain Lost Momentum?

Ethereum

Ethereum whales are gobbling up a new favorite altcoin, temporarily displacing Shiba Inu (SHIB) as the top alternative digital asset amongst big buyers. Data from whale-surveilling platform WhaleStats indicates the top 1000 largest Ethereum wallets are now holding more than $1.54 billion worth of FTX Token (FTT). The total value of FTT held by whales […] The post Ethereum Whales Just Splurged Over $1,600,000,000 on One Crypto Asset, Pushing Shiba Inu Out of Biggest Altcoin Position appeared first on The Daily Hodl.

Ethereum Whales Just Splurged Over $1,600,000,000 on One Crypto Asset, Pushing Shiba Inu Out of Biggest Altcoin Position

Shiba Inu (CRYPTO: SHIB) traded nearly 7.6% lower at $0.000035 over 24 hours leading up to early Wednesday morning.

Why Is Shiba Inu Coin In A Freefall Today?

Shiba Inu (CRYPTO: SHIB) broke another record after burning more than a billion tokens in a week with some help from Bigger Entertainment — an independent music publishing group and licensing agency.

Shiba Inu Breaks Another Burning Record As Deflation Trends In Crypto

Terra

Decentraland

Overnight riches from big price hikes come and go in crypto, but these tokens kicked off lasting trends this year.

From OHM to SHIB: 5 Most Impressive Altcoins of 2021

Shiba Inu (CRYPTO: SHIB) traded 2.3% higher over 24 hours at $0.00003825 Monday morning. What's Moving?

Why Is Shiba Inu Rising Over The Holidays?

Bitcoin

Dogecoin

Breast cancer organization Susan G Komen will now accept major cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) Dogecoin (CRYPTO:

This Breast Cancer Charity Now Accepts Bitcoin, Dogecoin And Shiba Inu As Donation

Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon […]

Meme Token Economy Climbs 14% in 2 Weeks — DOGE, SHIB Command 83% Dominance

In a recent tweet, the world's most-referenced cryptocurrency price-tracking website CoinMarketCap announced that Shiba Inu (CRYPTO: SHIB) was the most viewed crypto in 2021.

Shiba Inu Becomes The Most Popular Crypto In 2021, Surpassing Dogecoin And Bitcoin On CoinMarketCap

Aave

Crypto enjoyed a bit of a Santa Claus rally this week. Aave, Terra, DOGE and SHIB posted the highest gains over the week that ended with Christmas.

This Week in Coins: Aave, Terra, SHIB Outpace Bitcoin, 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 Dogecoin Or Shiba Inu Grow More In 2022?

The recent market crash has shown that cryptocurrencies such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are on a recovery phase.

A Christmas Day Update for Dogecoin And Shiba Inu

Interest in the Shiba Inu meme token is growing despite the criticism its developer is facing. Investors tend to increase their portfolio as new whales join the community.

Shiba Inu Whales Increase Their Portfolio Despite Criticism; 53 Billion Tokens Added to the Balance

Billy Markus, the co-creator of meme-based cryptocurrency Dogecoin (CRYPTO: DOGE), explained the main differences between it and rival Shiba Inu (CRYPTO: SHIB).

DOGE Co-Creator Explains Key Differences Between Shiba Inu And Dogecoin

Bigger Entertainment, the company behind the Spotify Technology SA (NYSE: SPOT) playlist that burns Shiba Inu (CRYPTO: SHIB) tokens with every song streamed, has big plans for Christmas.

176M Shiba Inu To Be Destroyed At SHIB Burn Christmas Party

Shiba Inu (CRYPTO: SHIB) traded 3.9% higher at $0.00003 over 24 hours leading up to Wednesday evening. What's Moving?

Shiba Inu (SHIB) To $1? Why The Dog-Themed Coin is Buzzing Today

Solana

The biggest crypto climbers of 2021 weren't BTC or ETH. Here are the top crypto and crypto-exposed assets of the year, strictly by the numbers.

Bigger Gains Than Bitcoin: Top-Performing Crypto Assets of 2021

Meme coin Shiba Inu (SHIB) went on a tear today after a crypto whale bought $136 million worth of the cryptocurrency.

Shiba Inu Surges 16% Following Crypto Whale's $136 Million SHIB Buy

A popular meme token Shiba Inu is facing a legal battle with a Canadian medical information source that claims the developers are scammers. The community supports the coin.

The Community Supports Shiba Inu in the Conflict with Canadian Doctors

Large Ethereum (ETH) whales are gobbling up Shiba Inu (SHIB), according to the crypto tracker WhaleStats. The whale-watching platform reports that the popular Ethereum-based memecoin is the most traded and “biggest hodling” token among the top 1,000 ETH wallets. Shiba Inu is the 13th-largest crypto asset by market cap and currently trading at $0.000033, up […] The post Large Ethereum Whale Pounces on Shiba Inu (SHIB) and One Metaverse Token, Buys Over $212,000,000 Worth of Crypto appeared first on The Daily Hodl.

Large Ethereum Whale Pounces on Shiba Inu (SHIB) and One Metaverse Token, Buys Over $212,000,000 Worth of Crypto

The demand for Shiba Inu (CRYPTO: SHIB) may soon be increasing thanks to an expected integration from mining service NiceHash.

Demand For Shiba Inu May Grow Thanks To NiceHash's Expected Adoption Following Twitter Poll

Polygon

New data shows that the world's biggest Ethereum whales are loading up on a diverse array of altcoins ranging from meme coins to metaverse gaming to tokens that power crypto exchanges. The latest numbers from WhaleStats reveal that the 1,000 wealthiest non-exchange Ethereum addresses are lapping up popular meme crypto asset Shiba Inu (SHIB). SHIB […] The post Biggest Ethereum Whales Now Holding Shiba Inu, FTX Token and Six Additional Altcoins appeared first on The Daily Hodl.

Biggest Ethereum Whales Now Holding Shiba Inu, FTX Token and Six Additional Altcoins

An Ethereum (CRYPTO: ETH) whale wallet added $139 million worth of Shiba Inu (CRYPTO: SHIB) to his/her portfolio on Monday.

Ethereum Whale Buys 4 Trillion Shiba Inu Worth $139M

Shiba Inu (CRYPTO: SHIB) is set to be listed on a major online brokerage, while Floki Inu (CRYPTO: FLOKI) is about to be listed on the world's larges cryptocurrency exchange, according to a medical information website.

Crypto-Friendly Telehealth Website Claims Shiba Inu Heading To Robinhood, Floki Inu To Be Listed On Binance

Cryptocurrency Shiba Inu (CRYPTO: SHIB), known as the Dogecoin (CRYPTO: DOGE) killer, has been undergoing continued development over the last few months, even as the crypto's price has been dropping.

News for Shiba Inu Crypto (SHIB)