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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 largest Ethereum (CRYPTO: ETH) wallets have acquired $88 million worth of Shiba Inu (CRYPTO: SHIB) over the past few days.

Ethereum Whales Buy $88M Shiba Inu Tokens

Dogecoin

Plus — doomed Diem is dead, according to reports.

Crypto News. Jan. 26: BIG Warning on DOGE and SHIB

The top 1000 richest Ethereum wallets are gobbling up the popular memecoin Shiba Inu (SHIB) at an alarming rate. Those top Ethereum wallets purchased more than $88 million worth of SHIB over a 24-hour period, according to the whale-monitoring bot WhaleStats. One address, the 262nd-largest Ethereum wallet, purchased more than $34 million worth of Shiba […] The post Largest Ethereum Whales Pounce on Shiba Inu, Buy Over $88,000,000 Worth of SHIB in the Past Day appeared first on The Daily Hodl.

Largest Ethereum Whales Pounce on Shiba Inu, Buy Over $88,000,000 Worth of SHIB in the Past Day

Shiba Inu (CRYPTO: SHIB) was trading slightly higher Tuesday after announcing it would be entering into the metaverse with an immersive experience — p

Shiba Inu Price Action Shows Signs Of Life Following Metaverse Foray

The creators behind meme-based cryptocurrency Shiba Inu (CRYPTO: SHIB) unveiled their first “special surprise” for the year on Tuesday.

Shiba Inu Announces A 'Special Surprise' For 2022; A Whole New World For The Crypto

Terra

Crypto intelligence firm Santiment says that some altcoins may have already seen the worst of the latest industry-wide correction and that recovery may be around the corner. The firm says that meme coin Shiba Inu (SHIB), algorithmic stablecoin blockchain Terra (LUNA) and decentralized exchange (DEX) platform Pancakeswap (CAKE) are recovering from the market dip quicker […] The post Shiba Inu (SHIB), Terra (LUNA) and Pancakeswap (CAKE) Showing Signs of Recovery After Altcoins Correct: Santiment appeared first on The Daily Hodl.

Shiba Inu (SHIB), Terra (LUNA) and Pancakeswap (CAKE) Showing Signs of Recovery After Altcoins Correct: Santiment

Cardano

Polygon

New data shows that the majority of Cardano (ADA), Shiba Inu (SHIB) and Polygon (MATIC) holders are now nursing losses as the crypto markets continue to sell-off.  Crypto insights firm IntoTheBlock looks at wallets with a Cardano balance, identifies the average purchase amount of the coins and compares the figure to the current price of […] The post Most Cardano (ADA), Shiba Inu (SHIB) and Polygon (MATIC) Holders Now Underwater Amid Deep Pullback: IntotheBlock appeared first on The Daily Hodl.

Most Cardano (ADA), Shiba Inu (SHIB) and Polygon (MATIC) Holders Now Underwater Amid Deep Pullback: IntotheBlock

Vitalik Buterin, the co-founder of the Ethereum (CRYPTO: ETH) blockchain, recently described how he burned close to $6.7 billion in Shiba Inu (CRYPTO: SHIB).

How Did Ethereum's Vitalik Buterin Vaporize $6.7 Billion Worth Of Shiba Inu?

Amid the crypto market mayhem, meme currency Shiba Inu (CRYPTO: SHIB) has a reason to cheer.

Shiba Gets Added To This Regulated Crypto Platform; Will Robinhood Be Next?

During an episode of the Up Only podcast, Vitalk Buterin gave a play-by-play of the intricacies of securely sending Ethereum and SHIB.

Ethereum Founder Vitalik Buterin Details How He Dumped $6.7 Billion in SHIB

A new survey by Hong Kong-based cryptocurrency exchange Huobi Global reveals that two dog-themed memecoins are among the most popular crypto assets in the US. The study, which polled 3,144 US adults, shows that Bitcoin (BTC) is the most popular cryptocurrency in the country with over 83% of the sample size responding that they've heard […] The post Dogecoin (DOGE) and Shiba Inu (SHIB) Among the Most Popular Cryptocurrencies in the US: New Huobi Global Survey appeared first on The Daily Hodl.

Dogecoin (DOGE) and Shiba Inu (SHIB) Among the Most Popular Cryptocurrencies in the US: New Huobi Global Survey

The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin's weekly jump as a few tokens have seen triple-digit spikes over the last week. […]

Meme Coin Markets Gain Close to 5% in 24 Hours, Dogecoin's Value Jumps, 3 Meme Tokens See Triple Digit Gains

Amid another busy week of cryptocurrency trading, the Benzinga team decided to take a look into how often popular cryptocurrencies Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) are being searched for, relative to one another.

Shiba Inu Vs. Dogecoin: Here's Which Cryptocurrency Is Trending More On Google

The altcoin's team is upset over the addition of wrapped SHIB addresses on the coin's price page.

Row Breaks Out Between SHIBA INU and CoinMarketCap

As the overall cryptocurrency market shows signs of recovery, Dogecoin (DOGE) and Shiba Inu (SHIB) have posted double-digit gains.

Meme Coins Dogecoin, Shiba Inu Mount Double-Digit Recovery Amid Crypto Rebound

Shiba Inu (CRYPTO: SHIB) shares are trading up Wednesday in a crypto market that is starting to bounce back.

Shiba Inu Rips Higher And Might Be Breaking Out As Dogecoin Lags Behind

Mexican cryptocurrency exchange Bitso has announced that Shiba Inu (CRYPTO: SHIB), the self-described “Dogecoin (CRYPTO: DOGE) killer,” is now available for trading on its platform.

Shiba Inu Woofs Its Way On To Major Mexican Crypto Exchange Bitso

Baby Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) were both consolidating on Tuesday in an inside bar pattern on the daily chart.

Crypto Puppy Wars: Baby Dogecoin And Shiba Inu Nip At Breakouts, But Which Will Reign Best Of Breed?

Only a minority of Shiba Inu (SHIB) holders are currently in profit as the meme coin rests nearly 70% off its all-time high, according to cryptocurrency analytics platform IntoTheBlock. To determine which holders are currently nursing losses, IntotheBlock looked at wallets with a Shiba Inu balance, identified the average purchase amount of the coins, and […] The post Majority of Shiba Inu Holders Now Nursing Losses Amid SHIB's Sustained Downtrend, According to Insights Firm IntoTheBlock appeared first on The Daily Hodl.

Majority of Shiba Inu Holders Now Nursing Losses Amid SHIB's Sustained Downtrend, According to Insights Firm IntoTheBlock

Meme coins, are cryptocurrencies born out of jokes and memes, an idea that appeals to niche groups of speculators. While many investors saw success with cryptos like Dogecoin (CRYPTO: DOGE), alternative investors are seeking to uncover fortune in other altcoins.

10 Things You May Not Know About Shiba Inu And Floki Inu

AMC Entertainment Holdings Inc. (NYSE: AMC) has provided an update on when the movie theater chain plans to accept Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO:

AMC CEO Gives A Timeline On When Movie Theater Chain Will 'Routinely' Accept Dogecoin, Shiba Inu For All Payments

The CEO of the world's largest movie exhibition company, AMC Entertainment, says his company is on track to accept meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) in the first quarter of this year. Dogecoin and Shiba Inu Coming to AMC Theatres Soon The CEO of AMC Theatres, Adam Aaron, has provided an update on […]

AMC Theatres on Track to Accept Dogecoin and Shiba Inu Payments in Q1, CEO Confirms

Shiba Inu (CRYPTO: SHIB) dropped 8.2% to $0.000029 over 24 hours leading up to early Thursday morning.

Why Is Shiba Inu Dropping To The Ground Today And Could Topping This Level Decisively Save Its Bacon?

Shiba Inu (CRYPTO: SHIB) is trading lower Wednesday along with Dogecoin (CRYPTO: DOGE), one of the meme crypto's inspirations.

Shiba Inu Trending Down With Dogecoin, But A Breakout May Be Near: Technical Analysis

The Best Daily Overview Of The Crypto Space

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