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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.

Ether

After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets have […]

Swarm of Alternative Crypto Assets Outpace Bitcoin's Gains by Double Digits This Week

Over the past 24 hours, Shiba Inu's (CRYPTO: SHIB) price has fallen 6.23% to $0.000040. This is opposite to its positive trend over the past week where it has experienced a 40.0% gain, moving from $0.000028 to its current price.

Cryptocurrency Shiba Inu Decreases More Than 6% Within 24 hours

Dogecoin

An analysis of historical price trends from Santiment revealed the best time to long or short dog-based

Data Shows Best Time To Buy SHIB, DOGE, ELON Tokens Is When 'Negative Sentiment' Takes Over

The Tesla and SpaceX CEO Elon Musk has set the prices of meme coins Dogecoin and Shiba Inu coin fluctuating with his Twitter musings.

Dogecoin, Shiba Inu Ride the Elon Musk Hype Cycle

Shiba coin — which appears to be inspired by dogecoin, itself a meme currency — is up more than 40% over the last seven days, according to CoinGecko. The website ranks the coin as the 11th biggest cryptocurrency.

Shiba inu coin, a meme cryptocurrency, hits all-time high

On Sunday, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk responded to a Benzinga report and said “lots of&r

Yes To Dogecoin, No To Shiba Inu: How Fans On Reddit Are Reacting To This Elon Musk Revelation

Bitcoin

Major coins were flat but Dogecoin (CRYPTO: DOGE) and Shiba Inu rose higher as a weekend dominated by the latter came to an end on Sunday evening. The global cryptocurrency market cap fell 1% to $2.54 trillion.

Dogecoin Gets Elon Musk Boost, Shiba Inu Remains Green Despite Setback, Bitcoin, Ethereum Stop To Catch Breath

Tesla CEO Elon Musk has shared what he believes to be the most important dogecoin improvements. He also clarified that he does not have anything to do with the Dogecoin Foundation and is not investing in the shiba inu (SHIB) token. Musk confirmed that he is only holding three cryptocurrencies. Elon Musk on Dogecoin Improvements, […]

Elon Musk Discusses Important Dogecoin Improvements, Confirms No Investment in Shiba Inu

Tesla Inc. (NASDAQ: TSLA) CEO and Dogecoin (CRYPTO: DOGE) proponent Elon Musk said that “lots of” the people building cars at Tesla and rockets at his space company SpaceX own DOGE.

Elon Musk Responds To Benzinga Report: 'Lots Of' SpaceX And Tesla Workers Own Dogecoin — He Does Not Own Floki Nor Shiba Inu

Here are five key cryptocurrency stories you should know about from this week.

Shiba Inu, Bitcoin All-Time Highs, ETF Buzz, Buterin Sell Of 'Dog Coins,' Tesla's HODL And AMC Coin: Crypto Week In Review

Shiba Inu (CRYPTO: SHIB), aka a Doge (CRYPTO: DOGE) killer, has been on a tear since late Saturday and is currently at new all-time highs.

Price Alert: Shiba Inu To The Moon? Meme Crypto Jumps To New All-Time Highs

Shannon Bray a 2022 U.S. Senate candidate says that once the Shiba Inu (CRYPTO: SHIB) meme cryptocurrency recaptures the $0.00003 zone, it may soon after reach a new all-time high.

Shiba Inu Regains $0.00003, May Reach New ATH, Says US Senate Candidate Shannon Bray

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were among the

Dogecoin, Shiba Inu Lead Crypto Market Rebound After Friday's Profit Taking

Shiba Inu (CRYPTO: SHIB) traded 4.34% lower at $0.00002735 over 24 hours early Friday morning. What's Moving?

Has Shiba Inu Lost Its Steam In Favor Of Bounce Token And Baby Bitcoin?

Scott Minerd, the chief investment officer at Guggenheim Partners, revealed that he regrets missing out on the Shiba Inu (CRYPTO: SHIB) rally.

Guggenheim CIO Scott Minerd Regrets Not Investing In Shiba Inu: 'I Wish I'd Invested $100,000'

The success of Bitcoin (CRYPTO: BTC) inspired a number of imitators, including Dogecoin (CRYPTO: DOGE).

5 Top Shiba Inu Cryptocurrencies From Best To Worst: Dogecoin, Floki And More

SHIBA INU (CRYPTO: SHIB) traded 0.15% lower at $0.000028 in the early hours of Wednesday.

Has Shiba Inu Price Hit A Wall Of Resistance? Why Investments In Dogecoin Killer Are Slumping Today

Digital asset analytics firm Santiment says that traders should keep a close eye on one on-chain metric that can potentially signal major rallies for meme crypto asset Shib Inu (SHIB) Santiment tells its 109,100 Twitter followers to watch the number of SHIB whale transactions exceeding $100,000. “When these transactions come in bunches, price rises generally […] The post This Shiba Inu On-Chain Metric Could Signal Future Price Rallies: Crypto Analytics Firm Santiment appeared first on The Daily Hodl.

This Shiba Inu On-Chain Metric Could Signal Future Price Rallies: Crypto Analytics Firm Santiment

Over the past 24 hours, Shiba Inu's (CRYPTO: SHIB) price has fallen 3.5% to $0.000028. This continues its negative trend over the past week where it has experienced a 2.0% loss, moving from $0.000029 to its current price.

Shiba Inu Decreases More Than 3% Within 24 hours

SHIBA INU (CRYPTO: SHIB) failed to move up in the early hours of Tuesday despite rumors that Robinhood Markets, Inc (NASDAQ: HOOD) would list the self-described Dogecoin (CRYPTO:

Shiba Inu Price Today: Meme Coin Refuses To Budge On Robinhood Rumor

Some of the Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) knockoffs such as Baby Floki (CRYPTO: BSC), Doge Dash (CRYPTO: DOGEDASH), Baby Saitama Inu (CRYPTO: BABAYSAITAMA) and

These Dogecoin And Shiba Inu Knock-Offs Are Striking Major Gains Today, With One 'Rabbit' Coin Up 483%

Shares of Robinhood Markets, Inc (NASDAQ: HOOD) spiked about 1.35% higher at 12:20 p.m.

How Robinhood Stock Technicals Look Following Shiba Inu Listing Rumor

Elon Musk's latest post on Twitter preceded a sharp rise in the price of Shiba Inu (CRYPTO: SHIB) abd several members in the cryptocurrency community attributed the sharp rise to have been caused by Tesla Inc (NASDAQ:

Shiba Inu Rallies After Elon Musk Posts 'To The Moon' Meme On Twitter

An anonymous buyer, who has been on a Shiba Inu (CRYPTO: SHIB) shopping spree since the beginning of Oct, has now accumulated 49.9 billion SHIB tokens.

Whales Buy Millions Of Dollars Worth of SHIB, As Shiba Inu Prepares To Breakout

Shiba Inu's (CRYPTO: SHIB) price has decreased 12.69% over the past 24 hours to $0.000025, continuing its downward trend over the past week of -2.0%, moving from $0.000026 to its current price.

News for Shiba Inu Crypto (SHIB)