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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.

The community of Shiba Inu (CRYPTO: SHIB) — the coin that was once touted as the Dogecoin (CRYPTO: DOGE) killer — is now rejecting the memecoin title, insisting that the token's utility made it a &

Shiba Inu Rejects Memecoin Title: It Has 'Real Utility'

Cryptocurrency mining is something that has been around for years. For most retail investors, buying and selling a coin is the only way to profit in the world of decentralized finance.

Entrepreneur Hai Dinho Shares How He Is Garnering 12,000 Shiba Inu Tokens Daily From An Old Laptop

Shiba Inu hype might have cooled after the October pump, but the top Dogecoin rival has just joined another leading exchange.

Gemini Adds SHIB Following the Dogecoin Rival's Massive Surge

Crypto intelligence platform IntoTheBlock reveals that a big percentage of Shiba Inu (SHIB) holders are still in green territory despite the meme coin's deep pullback from its all-time high. To determine which holders were currently in profit, IntoTheBlock looked at addresses with a Shiba Inu balance, identified the average cost at which the tokens were […] The post Majority of Shiba Inu Holders Are in Profit Despite Deep Correction From All-Time High: Crypto Insights Firm IntoTheBlock appeared first on The Daily Hodl.

Majority of Shiba Inu Holders Are in Profit Despite Deep Correction From All-Time High: Crypto Insights Firm IntoTheBlock

A closely followed crypto strategist and trader says meme coin Shiba Inu (SHIB) looks poised to rally to its all-time high and predicts an epic rally for XRP. In a new strategy session, analyst Scott Melker tells his 110,000 YouTube subscribers that Shiba Inu looks bullish after taking out a diagonal resistance that has kept […] The post Crypto Analyst Says Shiba Inu Primed To Revisit All-Time High, Predicts Major Rally Incoming for XRP appeared first on The Daily Hodl.

Crypto Analyst Says Shiba Inu Primed To Revisit All-Time High, Predicts Major Rally Incoming for XRP

Another major cryptocurrency exchange has added support for the meme cryptocurrency shiba inu. Gemini has begun supporting SHIB alongside a few new defi, metaverse, infrastructure, and data management tokens. Meanwhile, the petition for Robinhood to list the shiba inu crypto has garnered more than 531K signatures. Shiba Inu (SHIB) Now Supported on Gemini Cryptocurrency exchange […]

Crypto Exchange Gemini Adds Shiba Inu Support — SHIB Investors Hopeful Robinhood Will Be Next

PRESS RELEASE. ChangeHero instant cryptocurrency exchange listed SHIB on its platform. Customers can exchange SHIB against over 80 cryptocurrencies without an account. Now crypto enthusiasts can easily exchange or buy SHIB not only with Ethereum based tokens but also with cryptocurrencies of different blockchains. To celebrate the listing, ChangeHero announced a zero fees exchange offer […]

SHIB Listed on ChangeHero for Accountless and Limitless Exchange

Shiba Inu (CRYPTO: SHIB) is often requested to be charted for Benzinga's bi-weekly “You Ask, We Analyze” articles, where Benzinga asks its followers what they're buying at the open, then writes a technical analysis based on the picks.

Why Shiba Inu May Win The Weekend Doge Fight: A Technical Analysis

Over the past 24 hours, Shiba Inu's (CRYPTO: SHIB) price has fallen 4.19% to $0.000053. This continues its negative trend over the past week where it has experienced a 9% loss, moving from $0.000058 to its current price.

Cryptocurrency Shiba Inu Decreases More Than 4% Within 24 hours

Bitcoin

Dogecoin

Ethereum

Major coins were steady as the global cryptocurrency market capitalization rose 2.1% to $2.85 trillion Thursday evening.

Bitcoin, Ethereum Stabilize As Scarcity Becomes Apparent, Shiba Inu Trumps Dogecoin Gains

Self-described "Dogecoin (CRYPTO: DOGE) killer" Shiba Inu (CRYPTO: DOGE) would become available on the mobile cryptocurrency trading app of India's first cryptocurrency unicorn CoinDCX

Shiba Inu To Be Listed By India's First Crypto Unicorn On Its Primary Trading App

All the kids at school around me were collecting and sharing the hologram Pokemon cards from their latest pack they managed to get ahold of by begging their parents or scrapping up a few dollars from their chores. I thought it was pretty stupid at first…

A Crypto Investment Story: Why I Bought DOGE And SHIB

Major coins traded in the red on Wednesday as the global cryptocurrency market cap fell 3.69% to $2.79 trillion, with Bitcoin (CRYPTO: BTC) down 3.23% at $64,676.43 over 24 hours. What Happened: For the week, the apex cryptocurrency has risen 2.93%.

Bitcoin, Ethereum Lead Crypto Lower After All-Time Highs, Dogecoin, Shiba Inu Tumble — Could Sky-High Inflation Numbers Spark Another Rally?

The chief operating officer (COO) of Robinhood Crypto has provided an update on the company's upcoming cryptocurrency wallet launch. The executive also discussed Robinhood's listing strategy in response to the question of whether the platform will list shiba inu (SHIB) cryptocurrency. Robinhood Crypto's COO Discusses Listing Strategy as Petition to List SHIB Gains More Supporters […]

Robinhood Discusses Crypto Wallet Launch, Listing Strategy as Petition to List Shiba Inu Exceeds 526K Signers

Robinhood Markets Inc (NASDAQ: HOOD) COO Christine Brown praised the Shiba Inu (CRYPTO: SHIB) community — despite recently suggesting it may not be listed on the exchange anytime soon.

Robinhood Executive Praises Shiba Inu's Community

A popular crypto strategist says the current Shiba Inu (SHIB) pullback might be a positive signal for the rest of the crypto markets. In the latest edition of TechnicalRoundup, crypto trader DonAlt says that a persistent correction in Shiba Inu would drive retail investors to look toward crypto assets with sound fundamental properties. “I think […] The post Top Analyst Says Shiba Inu Correction Could Be Bullish for Crypto Markets – Here's Why appeared first on The Daily Hodl.

Top Analyst Says Shiba Inu Correction Could Be Bullish for Crypto Markets – Here's Why

One of the largest Shiba Inu (CRYPTO: SHIB) holders added $1.7 million more to his $45 million SHIB portfolio.

Ethereum Whale 'Gimli' Adds 31B Shiba Inu Tokens To $45M Holdings

Over the past 24 hours, Shiba Inu's (CRYPTO: SHIB) price has fallen 7.38% to $0.000052. This continues its negative trend over the past week where it has experienced a 17.0% loss, moving from $0.000063 to its current price.

Shiba Inu Falls More Than 7% In 24 hours

Decentraland

Some of the cryptocurrencies under consideration are falling and in a downward correction. For example, Klaytn and THORChain have fallen significantly to the downside. This has led to a downtrend that is erasing price gains.

Weekly Analysis: 5 Altcoins in a Slight Retracement

The CEO of the world's largest movie exhibition company, AMC Entertainment, says that his company is “on track” to accept four cryptocurrencies by year-end. Dogecoin (DOGE) is expected to be added in the first quarter of next year, and the company is currently figuring out how to take shiba inu (SHIB) as a currency. AMC […]

AMC Theatres on Track to Accept 4 Cryptocurrencies Next Month: CEO Expects Dogecoin and Shiba Inu to Follow

Shiba Inu (CRYPTO: SHIB) is not going to be listed on Robinhood (NASDAQ: HOOD) anytime soon, considering the comments made by the firm's chief operating officer Christine Brown.

Why Shiba Inu Probably Won't Be On Robinhood Anytime Soon

Robinhood looks more like early Coinbase than the version of the publicly traded exchange that listed Shiba Inu.

Robinhood Crypto COO: We're in No Rush to List Tokens Like SHIB

Shiba Inu (SHIB) could be in for some rough times ahead, says Mike McGlone, Bloomberg Intelligence senior commodity strategist. In the latest edition of the Bloomberg Crypto Outlook, McGlone refers to the popular memecoin as a “Dogecoin wannabe” and “an example of excesses among 13,000 cryptos.” SHIB made headlines in recent months due to jaw-dropping […] The post Shiba Inu Likely To Fall Victim to Gravity, Says Bloomberg Commodity Strategist Mike McGlone – Here's Why appeared first on The Daily Hodl.

Shiba Inu Likely To Fall Victim to Gravity, Says Bloomberg Commodity Strategist Mike McGlone – Here's Why

Dogecoin (CRYPTO: DOGE) traded 4.45% higher at $0.28 over 24 hours while rival meme cryptocurrency Shiba Inu (CRYPTO: SHIB) rose 4.9% higher at $0.00005664 in the same time frame early Tuesday morning.

Are Dogecoin And Shiba Inu On Track For Recovery?

Popular crypto strategist and trader Michaël van de Poppe is mapping out the potential path ahead for Shiba Inu (SHIB), THORChain (RUNE) and three other altcoins. The crypto analyst tells his 475,800 Twitter followers that he's looking at two possible trade scenarios for Shiba Inu where the meme coin could bounce. “This one is in […] The post Here's What's Next for Shiba Inu, THORChain and Three Additional Altcoins: Crypto Analyst Michaël van de Poppe appeared first on The Daily Hodl.

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