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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 following three altcoins that attracted high social media interest early Tuesday. Enzyme (CRYPTO: MLN): MLN is a token of a project that revolves around letting people build and scale investment strategies of choice.

Enzyme, Shiba Inu, KuCoin — 3 Altcoins Seeing High Social Media Interest Today

Dogecoin

Elon Musk's Twitter mention of Baby Doge has seen its price surge by over 300% in a week, while other meme coins falter.

Meme Coin Pack Flocks to Baby Doge as Dogecoin, SafeMoon and SHIB Slip

The crypto analyst and the host of Coin Bureau may be changing his mind about the Dogecoin (DOGE) copycat, Shiba Inu (SHIB). In a new strategy session dedicated only to Shiba Inu, the Coin Bureau host known as the Guy says that since Coinbase decided to list SHIB, he's started to pay closer attention to […] The post Crypto Asset That Surged 47,387,400% This Year May Become Surprise Player in Ethereum Ecosystem, According to Coin Bureau appeared first on The Daily Hodl.

Crypto Asset That Surged 47,387,400% This Year May Become Surprise Player in Ethereum Ecosystem, According to Coin Bureau

These are the cryptocurrencies that saw high interest on social media early Friday. Baby Doge Coin (CRYPTO: BABYDOGE): The self-proclaimed son of Dogecoin (CRYPTO: DOGE) is a new entrant to the Dog-themed coin universe.

Baby Doge Coin, Shiba Inu, Helium — 3 Altcoins On Social Media Radar Today

Fantom

Telcoin (CRYPTO: TEL), Fantom (CRYPTO: FTM) and Shiba Inu (CRYPTO: SHIB) attracted high social media interest on Wednesday night.

Telcoin, Fantom, Shiba Inu — Altcoins Seeing High Social Media Interest Today

Ethereum Classic

Ethereum

Ethereum Classic (CRYPTO: ETC), Shiba Inu (CRYPTO: SHIB), and SafeMoon (CRYPTO: SAFEMOON) were trending on social media on Tuesday night. Ethereum Classic: The cryptocurrency emerged after a contentious hard fork of the Ethereum (ETH) blockchain in 2016.

Ethereum Classic, Shiba Inu, Safemoon — Altcoins Seeing High Social Media Interest Today

The Shiba Inu breed of dogs is seeing high demand from dog lovers, courtesy Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk and meme cryptocurrency Dogecoin (CRYPTO: DOGE).

Shiba Inu Dogs Are In High Demand Thanks To Elon Musk, Dogecoin

The following three altcoins were seeing a high amount of social media interest in the early hours of Monday.

Internet Computer, Safemoon, Shiba Inu — Altcoins Seeing High Social Media Interest Today

Shiba Inu (SHIB) Rises 17% After Elon Musk Dog Tweet

The 2021 Nascar season has featured a car with the Dogecoin logo of a Shiba Inu in several races. A Voyager-sponsored car has also featured the names of several cryptocurrencies on the car.

Shiba Inu Coin Might Become Next Nascar Car Logo

Cryptocurrency markets were trading lower today, but a tweet from Elon Musk did not fail to send the price of Shiba Inu (CRYPTO: SHIB) and Floki (CRYPTO: FLOKI) skyrocketing.

SHIB Up 25% And FLOKI Up 3500% After Elon Musk Tweets About Naming His Dog

Shiba Inu calls itself a "Dogecoin Killer." In many ways, it's a different breed.

Dogecoin Killer or Kin? How Shiba Inu Differs From DOGE

The meme token's debut on Coinbase Pro is facing a "temporary delay."

Dogecoin Knockoff Shiba Inu Sheds 12% After Coinbase Delays Listing

Bitcoin

Payments with bitcoin, ether, shiba inu and chiliz will be available at its 24 venues.

Paraguay Entertainment Group to Accept Bitcoin, Ether, SHIB Next Month

On June 17 at 12 p.m. ET, Shiba Inu (CRYPTO: SHIB) will begin trading on the Coinbase Pro exchange.

How To Buy Shiba Inu On Coinbase Pro

The Ethereum-based alternative to Dogecoin is sitting pretty as the 19th largest crypto. 

Meme Token SHIB up 22% After Coinbase Pro Listing 

Chiliz (CHZ) and Shiba Inu (SHIB) soared on Tuesday after Coinbase Global Inc's (NASDAQ: COIN) Pro platform announced trading of the coins will commence this week.

Why Are Shiba Inu And Chiliz Cryptocurrencies Surging Today?

The price of shiba inu cryptocurrency got a boost Tuesday after Coinbase announced that the meme crypto will start trading on Coinbase Pro as early as this week. This announcement follows Coinbase adding trading for dogecoin. Coinbase Pro Adds Shiba Inu Trading Following the listing of the meme cryptocurrency dogecoin (DOGE) early this month, Coinbase […]

Shiba Inu Coin Price Soars as Coinbase Pro Announces SHIB Cryptocurrency Trading

Coinbase added SHIB little more than a month after that coin's creation, in marked contrast to its addition of dogecoin.

Shiba Inu, Chiliz, Keep Network Soar After Being Added to Coinbase Pro

Crypto exchange Coinbase Pro is opening up trading for Shiba Inu (SHIB). No, really.

Coinbase Pro to Open Up Trading for Dogecoin Rival SHIB

Major cryptocurrencies were in the green on Monday night with Bitcoin (BTC) trading above the $40,000 level, but the top gainer at press time was the digital collateral token Amp (AMP).

Amp Crypto Strikes Major Gains As Bitcoin Floats Above $40K, Dogecoin, Shiba Inu Muted

Meme coins were in the crosshairs of social media users on Sunday night, but debutant dog-themed coins gained more in trending online than veteran ones.

Shiba Inu Outperforms Dogecoin As Meme Coins See Rekindled Social Media Interest

Crypto analytics firm Santiment is discussing the future of Dogecoin (DOGE) copycat Shiba Inu (SHIB) as the meme coin mania dies down. In a new post, Santiment takes a look at SHIB as crypto investors were betting in May that it could be the next Dogecoin. Santiment reports that the hype surrounding SHIB definitely appears […] The post Do Dogecoin Copycats Have a Chance? Crypto Analytics Firm Santiment Weighs In on Shiba Inu appeared first on The Daily Hodl.

Do Dogecoin Copycats Have a Chance? Crypto Analytics Firm Santiment Weighs In on Shiba Inu

Over the last few months two distinct dog cryptocurrencies, shiba inu and dogecoin, have been making waves within the crypto economy. While dogecoin has been around since 2013 and has seen massive gains during the last year, the relatively new ERC20 crypto shiba inu has jumped significantly in value as well. Both Dogecoin and Shiba […]

SHIB vs. DOGE – Who Is the Top Dog in Crypto Land?

Cardano

Polygon

A variety of cryptocurrencies have registered bullish gains in May 2021. In the past 30 days, the entire crypto market cap shrunk from $2.184 trillion to now $1.661 trillion, indicating a loss of over 31%.

News for Shiba Inu Crypto (SHIB)