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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.

AMC chief executive officer Adam Aron is pondering whether the cinema chain should accept payments in Shiba Inu (SHIB) as the memecoin barges into the top 10 crypto assets by market cap. In a new poll, Aron asks his 199,500 Twitter followers whether AMC should also accept SHIB as a payment option for ticket purchases. […] The post AMC CEO Says Movie Theater Giant Is Exploring Shiba Inu As Payment Option for Ticket Purchases appeared first on The Daily Hodl.

AMC CEO Says Movie Theater Giant Is Exploring Shiba Inu As Payment Option for Ticket Purchases

In a recent tweet, whistleblower Edward Snowden raised the concern about Shiba Inu (CRYPTO: SHIB) and said that people should not invest their hard-earned money in a "clone of dog money".

Edward Snowden Warns Against Investing in Shiba Inu, Says It's A 'Clone Of Dog Money'

Initial results are in for a poll issued by AMC Entertainment Holdings Inc (NYSE: AMC) CEO Adam Aron on Twitter on Friday, asking people if the theater chain should add Shiba Inu (CRYPTO:

New Poll Results: Should AMC Theatres Support Shiba Inu Payment Option For Ticket Purchases?

Dogecoin

2021 has been the year of decentralized finance (defi), non-fungible tokens (NFTs), and meme tokens as well. During the first week of August, roughly 30 dogecoin-like crypto assets existed and today, there are now 45 tokens with the terms “dog,” “shiba,” and “inu” in their names. Many of these coins have seen astronomical gains this […]

Dogecoin, Shiba Inu, Dogelon Mars Lead the Pack of 45 Doge-Like Tokens Capturing Astronomical Gains

Microstrategy Incorporated (NASDAQ: MSTR) CEO Michael Saylor, in a recent interview, was asked about Shiba Inu (CRYPTO: SHIB) and Dog

Here's What Micro Strategy CEO And Bitcoin Bull Michael Saylor Says About Shiba Inu And Dogecoin

Crypto Twitter is the watering hole of the industry. Here's our roundup of the craziest things to happen there this week.

This Week on Crypto Twitter: The Wolf of Wall Street, SHIB Boasts and CryptoPunks

According to a report, Paris-based restaurant Le Bistrot d'Eleonore et Maxence accepts cryptocurrency Shiba Inu (CRYPTO: SHIB).

Now A Restaurant in Paris Is Accepting Shiba Inu As Payment

The original meme token Doge (CRYPTO: DOGE) and its top meme competitor Shiba Inu (CRYPTO: SHIB) provided some excitement in this week's crypto market.

Doge, Shiba Inu Consolidate Following Week's Strong Run; Another Leg-up In The Cards?

Bitcoin

Ethereum

Bitcoin slumps, Ethereum sets another all-time high after an upgrade, and Shiba Inu makes the top 10 list.

This Week in Coins: Bitcoin and Ethereum Hit ATH and SHIB Becomes Top 10 Token

A popular NASCAR driver woke up to an unexpected sum of Shiba Inu (SHIB) in his Coinbase account but has promptly decided to return the valuable memecoins to the crypto exchange. NASCAR driver Keith McGee is the first Alaskan to start a NASCAR race and the first disabled veteran in the history of NASCAR. McGee […] The post Coinbase Accidentally Adds $181,000,000 in Shiba Inu to the Wallet of This NASCAR Driver – He Wants None of It appeared first on The Daily Hodl.

Coinbase Accidentally Adds $181,000,000 in Shiba Inu to the Wallet of This NASCAR Driver – He Wants None of It

Shiba Inu is up 155% and surpassed Dogecoin, the thing it's parodying, to become the No. 9 cryptocurrency.

Woof! What to Make of Dogecoin, SHIB, and FLOKI

The CEO of the world's largest movie exhibition company, AMC Entertainment, is asking the crypto community whether his company should accept shiba inu (SHIB) for payments. The company is already planning to accept several cryptocurrencies by year-end, including dogecoin. CEO Asks Whether AMC Should Accept Shiba Inu The CEO of AMC Entertainment, Adam Aron, put […]

AMC Theatres Considers Accepting Shiba Inu Alongside Dogecoin as SHIB Popularity Soars

Though it's true that market prices are nearly impossible to predict, especially in the short term, I can say with a fair amount of confidence that we're very likely to see the top of shiba inu quite soon, if we haven't already. The post Meme Coin Shiba Inu Remains Seemingly Unstoppable appeared first on Bitcoin Market Journal.

Meme Coin Shiba Inu Remains Seemingly Unstoppable

The top dogs in the meme coin and token stack have swapped places again as SHIB rises and DOGE sinks.

SHIB Flips Dogecoin Again as Meme Coins Jostle for Supremacy

Data shows that Shiba Inu (CRYPTO: SHIB) is now a top Ethereum (CRYPTO: ETH) burner.

'Dogecoin Killer' Shiba Inu Is Now The Third-Largest Ethereum Burner

Over the past 24 hours, Shiba Inu's (CRYPTO: SHIB) price rose 38.22% to $0.000064. This continues its positive trend over the past week where it has experienced a 145.0% gain, moving from $0.000028 to its current price.

Shiba Inu Up More Than 38% In 24 hours

About 400 days ago, an anonymous crypto investor purchased about $8,000 worth of the memecoin Shiba Inu (SHIB). The return on that investment? The lucky trader's SHIB is now worth more than $4.45 billion. The business media company Morning Brew first reported on the jaw-dropping trade earlier this week, right as SHIB was blasting off […] The post The Best Trade of All Time? Crypto Investor Put $8,000 Into Shiba Inu 400 Days Ago – This Is How Much It's Now Worth appeared first on The Daily Hodl.

The Best Trade of All Time? Crypto Investor Put $8,000 Into Shiba Inu 400 Days Ago – This Is How Much It's Now Worth

Dogecoin (CRYPTO: DOGE) gained over 26% at press time as the global cryptocurrency market cap rose 4.38% to $2.58 trillion.

Bitcoin, Ethereum Rebound But Volatility Expected Ahead, Dogecoin Rally Spells Trouble For Shiba Inu

Shiba inu supporters are petitioning on Change.org for the trading platform Robinhood to list the shiba inu token for trading. Robinhood currently lists the meme cryptocurrency dogecoin which made up 62% of the company's crypto trading volume in Q2. Petition to Get Robinhood to List Shiba Inu A petition on Change.org for the trading platform […]

Petition to List Shiba Inu on Robinhood Gains 400K Signatures as SHIB Price Soars

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin burned more than $6.74 billion in Shiba Inu

The Shiba Inu 'Burned' By Ethereum's Vitalik Buterin Is Now Worth $32.5B

After standing in the shadow of Shiba Inu (CRYPTO: SHIB) for much of last week, Dogecoin (CRYPTO: DOGE) is stepping out.

Dogefight: Shiba Inu, Dogecoin Rally Hard

Crypto analyst Michaël van de Poppe is not a fan of meme coin Shiba Inu (SHIB), which has surged this week while most of the crypto markets cooled off. The trader tells his 458,400 Twitter followers that he hopes SHIB fades away, and says it's better to seek out other opportunities rather than falling prey […] The post Crypto Strategist Michaël van de Poppe Issues Shiba Inu Warning, Names Entry Zones for Bitcoin and Ethereum appeared first on The Daily Hodl.

Crypto Strategist Michaël van de Poppe Issues Shiba Inu Warning, Names Entry Zones for Bitcoin and Ethereum

The meme-based digital asset shiba inu has entered the top ten largest crypto assets by market capitalization, knocking dogecoin down a notch. In the last 30 days, the shiba inu token climbed 976% capturing a market cap of over $40 billion. Meanwhile, the concentration of shiba inu whales is still quite large these days alongside […]

Shiba Inu Soars Knocking Dogecoin Down a Notch — 20 Holders Own 75% of the SHIB Supply

A handful of market participants could largely be responsible for Shiba Inu's (CRYPTO: SHIB) seemingly unstoppable rally.

8 Whales Control 70% Of Shiba Inu Supply

Major crypto exchange Coinbase Global Inc (NASDAQ: COIN) faced an extended outage on Wednesday.

News for Shiba Inu Crypto (SHIB)