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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.

Ethereum

The largest Ethereum whales in existence are accumulating meme coin Shiba Inu (SHIB) and a collection of decentralized finance (DeFi) altcoins. According to blockchain tracker WhaleStats, Ethereum whales, or investors with at least 1,000 ETH in their wallets, are still favoring Dogecoin competitor Shiba Inu. At time of writing, SHIB is the 10th most purchased […] The post Ethereum Whales Rush Into Shiba Inu (SHIB) and Several DeFi Altcoins in an Uncertain Market appeared first on The Daily Hodl.

Ethereum Whales Rush Into Shiba Inu (SHIB) and Several DeFi Altcoins in an Uncertain Market

Shiba Inu (CRYPTO: SHIB) — the self-described “Dogecoin (CRYPTO: DOGE) killer” — has emerged as the most traded cryptocurrency by the 1,000 biggest Ethereum (CRYPTO:

This Dogecoin Rival Is The Most Traded Crypto By Ethereum Whales Today

Cardano

Crypto traders are tracking a series of large altcoin whale transfers as Bitcoin (BTC) hovers at the $44,000 mark. New on-chain data from Santiment, tracked by crypto analyst Ali Martinez, shows Cardano (ADA) whales just purchased about 16,000,000 ADA in a 24-hour period. This represents the largest single-day spike in Cardano whale accumulation in months. […] The post Dogecoin Competitor Shiba Inu and Ethereum Rival Cardano Witness Massive Whale Transfers in 24-Hour Period appeared first on The Daily Hodl.

Dogecoin Competitor Shiba Inu and Ethereum Rival Cardano Witness Massive Whale Transfers in 24-Hour Period

Dogecoin

AMC Entertainment Holdings Inc. (NYSE: AMC) CEO Adam Aron shared updates related to cryptocurrencies, citing a “big opportunity,” on the company's fourth-quarter earnings call on Wednesday.

AMC Shares Updates On NFTs, Accepting Dogecoin, Shiba Inu And And Launching Own Cryptocurrency

Shiba Inu's (CRYPTO: SHIB) decentralized exchange (DEX) ShibaSwap now ranks first on CertiK's security leaderboard. What Happened: In an announcement on Wednesday, CertiK revealed that ShibaSwap received a Skynet Security Score of 93/100.

Shiba Inu DEX Takes Top Spot On CertiK's Security Leaderboard

Shiba Inu (CRYPTO: SHIB), the self-described “Dogecoin (CRYPTO: DOGE) killer”, has re-emerged among the ten most purchased tokens by Ethereum (CRYPTO:

Shiba Inu Is Back Among Top 10 Most Purchased Tokens By Ethereum Whales

New data reveals that despite the bounce in the broader crypto markets, the majority of Cardano (ADA) and Shiba Inu (SHIB) holders are continuing to nurse losses. To determine which holders are still underwater, crypto intelligence firm IntoTheBlock looks at wallets with a Cardano balance, identifies the average purchase amount of the coins and compares […] The post Majority of Cardano (ADA) and Shiba Inu (SHIB) Holders Still Underwater Despite Price Rally: IntoTheBlock appeared first on The Daily Hodl.

Majority of Cardano (ADA) and Shiba Inu (SHIB) Holders Still Underwater Despite Price Rally: IntoTheBlock

The team behind Shiba Inu (CRYPTO: SHIB) appears to be branching into the fashion industry with its most recent partnership. What Happened: In a tweet on Tuesday, Shiba Inu developers said they have partnered with Milan-based luxury designer John Richmond.

Shiba Inu Announces New Fashion Industry Partnership

The CEO of the world's largest movie exhibition company, AMC Entertainment, has announced that AMC Theatres will accept two meme cryptocurrencies, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks. Dogecoin and Shiba Inu Payments Coming to AMC Theatres in March The CEO of AMC Entertainment Holdings, Adam Aron, announced on Twitter Monday that […]

AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO Says

Leading movie theater chain AMC Entertainment Holdings Inc (NYSE: AMC) has been teasing that it will accept Dogecoin (CRYPTO: DOGE) and ot

AMC Is One Step Closer To Accepting Dogecoin, Shiba Inu

AMC already allows bitcoin and ether, among other cryptocurrencies, to be used for payments.

AMC Theatres Will Accept Doge and Shiba Inu Via BitPay

Some of the wealthiest crypto investors in existence are pouncing on meme coin Shiba Inu (SHIB) and four other altcoins as the digital asset markets show signs of strength. According to whale-monitoring platform WhaleStats, Shib Inu is back within the top 10 most purchased altcoins in the last 24 hours by the top 1,000 non-exchange […] The post Wealthy Crypto Traders Are Pouncing on Shiba Inu (SHIB) and Several Additional Altcoins As Markets Bounce Back appeared first on The Daily Hodl.

Wealthy Crypto Traders Are Pouncing on Shiba Inu (SHIB) and Several Additional Altcoins As Markets Bounce Back

With the rebounding of Shiba Inu (CRYPTO: SHIB) prices, Ethereum (CRYPTO: ETHER) whales appear to be making major investments in the meme crypto.

Major Ethereum Whales Betting on Shiba Inu, Bought 105.7 Billion SHIB

As the overall markets grapple with geopolitical instability, crypto whales are scooping up one altcoin in massive amounts. Cryptocurrency analytics firm Santiment is tracking the buying and selling behavior of the biggest crypto wallets following Russia's incursion into neighboring Ukraine two nights ago. Santiment reports whale activity has increased five-fold compared to normal. “Cryptocurrency whales […] The post Massive Ethereum Holder Targets Dogecoin Competitor Shiba Inu, Adding 49,998,916,299 SHIB As Crypto Markets Rebound appeared first on The Daily Hodl.

Massive Ethereum Holder Targets Dogecoin Competitor Shiba Inu, Adding 49,998,916,299 SHIB As Crypto Markets Rebound

The team behind popular meme-based cryptocurrency Shiba Inu (CRYPTO: SHIB) plans to launch its own token burning portal.

Shiba Inu To Launch Its Own Token Burn Portal

Shiba Inu (CRYPTO: SHIB) — the self-described “Dogecoin (CRYPTO: DOGE) killer” — emerged as the most traded token by the 1,000 biggest Ethereum (CRYPTO:

Shiba Inu Flips This DeFi Token To Emerge As Most Traded Token By Top 1,000 Ethereum Wallets

Shiba Inu (CRYPTO: SHIB) — the self-described “Dogecoin (CRYPTO: DOGE) killer” — plans to release 99,000 plots of land in Shiberse, a codename for the cryptocurrency's upcoming Metaverse.

Shiba Inu To Release 99,000 Plots Of Land In Metaverse, Doge Killer Holders To Get First Access

Quincy University — a private Franciscan university based in Illinois — said it has started to accept donations in cryptocurrencies such as Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO:

This Franciscan University In Illinois Now Accepts Donations In Dogecoin And Shiba Inu

Bitcoin

The sell-off in the cryptocurrency market has stalled, with the President's Day holiday bringing some respite. The reversal comes amid calls of a crypto winter, an extended lean patch just like the 2018 crypto bear market.

Bitcoin, Ethereum, Doge, Shiba Inu And Most Cryptos Stage Recoveries On Presidents' Day: Is It Time To Call A Bottom?

Days after Twitter Inc (NYSE: TWTR) announced that users can now tip using Ethereum (CRYPTO: ETH)

Shiba Inu Supporters Want SHIB To Be Included For Twitter Tipping After Ethereum Allowed

Shiba Inu (CRYPTO: SHIB) adoption has been increasingly rapidly, lending credence to the SHIB community's assertion that it is more than a meme coin.

This Australian Blockchain Jobs Platform Plans To Add Shiba Inu As Payment Option

Polkadot

Solana

Much of the market is red right now amid geopolitical tension and increased law enforcement scrutiny on crypto.

Bitcoin, Ethereum and Other Top Coins Fall as Crypto Market Stumbles

The trifecta of Shiba Inu (CRYPTO: SHIB) tokens are now available on Mover's metaverse savings card. What Happened: MoverDAO said it now supports LEASH (CRYPTO: LEASH) and BONE (CRYPTO: BONE) in addition to SHIB.

Shiba Inu Trifecta Is Now On A Debit Card

Shiba Inu (CRYPTO: SHIB) — the self-described “Dogecoin (CRYPTO: DOGE) killer” — is now held by over 1.18 million Ethereum (CRYPTO:

Shiba Inu Now Held By Over 1.18 Million Ethereum Wallets

The largest crypto investors in the Binance Smart Chain (BSC) ecosystem are gathering massive amounts of a popular meme coin as well as two competing blockchain protocols. New data from WhaleStats analyzing the behavior of the 1,000 largest BSC addresses excluding known crypto exchanges reveals that the richest wallet is taking a major interest in […] The post $2,800,000,000 Crypto Whale Scoops Up Shiba Inu (SHIB) on Binance Smart Chain As Others Stack Ethereum (ETH) and Polkadot (DOT) appeared first on The Daily Hodl.

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