Shiba Inu coin (SHIB) is a cryptocurrency that was created in August 2020 as a parody of the popular cryptocurrency Dogecoin, which itself was inspired by the Shiba Inu breed of dog. Like Dogecoin, Shiba Inu coin has no inherent value and is primarily used for online transactions and as a means of speculation. Its value is determined by supply and demand on cryptocurrency exchanges.
Shiba Inu coin has gained popularity due to its association with the Dogecoin community and its use of the Shiba Inu dog as a mascot. It has also gained attention due to the high levels of volatility in its price, which has fluctuated significantly since its launch.
It is important to note that investing in cryptocurrency carries risks and that the value of cryptocurrencies can be highly volatile. It is important to carefully consider these risks before investing in any cryptocurrency, including Shiba Inu coin.
Shiba Inu website – https://shibatoken.com
Who Are the Founders of Shiba Inu?
The SHIBA INU has three reasons why their team created SHIB:
“We started from zero, with zero.”
“The brilliant minds behind Shib had never collaborated before.”
“We love Shiba Inu Dogs.”
The anonymous creator of the Shiba Inu coin is known as “Ryoshi.” However, very little is known of the mystery founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto.
Shiba Inu Price History
Shiba Inu Price
| Today (30 Dec 2022) | $0.00000801 |
| 1 year ago | $0.00003378 |
| 2 years ago | $0.000000000168 |
Shiba Inu Website Details
| Global Rank | 512,163 |
| Country Rank | 187,043 |
| Country | United States |
| Category Rank | 1,555 |
| Total Visits | 107.7K |
| Bounce Rate | 74.35% |
Shiba Inu Website Traffic Details
| United States | 29.96% |
| Germany | 5.24% |
| France | 5.10% |
| Canada | 4.67% |
| India | 4.14% |
| Others | 50.89% |
Shiba Inu Competitors
- shibaswap.com
- ambcrypto.com
- fxstreet.com
- newsbit.nl
- dailyhodl.com
- fxempire.com
Shiba Inu Price Prediction
| 2023 | $0.000009 | $0.000010 |
| 2024 | $0.000010 | $0.000011 |
| 2025 | $0.000011 | $0.000012 |
| 2026 | $0.000012 | $0.000013 |
| 2027 | $0.000013 | $0.000014 |
Shiba Inu Website
Shib the meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin. Vitalik Buterin was long believed to be the originator of Shiba Inu but denied such rumors on the Lex Fridman podcast on June 5, 2021.
Shib aims to be the Ethereum-based counterpart to Dogecoin’s Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS), and Alaskan Malamute Token (LASM). These lesser-valued tokens have attracted investors who missed the Dogecoin pump from 0.0002 to nearly 0.75 USD.
Shiba’s success sparked an avalanche of copycats, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, Captain Shibarrow, SHIBA2K22, SpookyShiba, and countless others. In total, there may be well over 100 Shiba Inu copies, and the number keeps rising constantly.
On Sept. 17, 2021, Coinbase, the largest U.S.-based crypto exchange, listed Shiba Inu on their platform. This news caused the Shiba Inu price to rise by over 40% in the following two days, bringing the meme dog token into the spotlight again.
Shiba Inu has since attracted more interest from other exchanges as well. Bitso, Mexico’s biggest cryptocurrency exchange, announced in September that SHIB would start trading on its exchange. Giottus, an Indian crypto exchange, announced the same. Bitstamp, the biggest crypto exchange in Europe, said that it would list Shiba Inu for trading at the beginning of 2022. Korbit, a South Korean exchange, became the country’s first exchange to list the SHIB token in 2021.
From Where Can You Buy Shiba Inu?
You can buy Shiba Inu from the following exchanges.
- Binance
- KuCoin
- Kraken
- Uniswap
- Bittrex
- Sushiswap
- Gemini
- Coinbase
- Bitfinex
- Huobi
Conclusion
The founder of the Shiba Inu coin is not publicly known. The cryptocurrency was created as a fork of the Ethereum blockchain and was initially distributed through a process called an “initial coin offering” (ICO). It is not uncommon for the founders of cryptocurrency projects to remain anonymous, as the decentralization of cryptocurrencies allows for a degree of anonymity for those involved in their development and promotion.
It is also important to note that investing in cryptocurrency carries risks and that the value of cryptocurrencies can be highly volatile. It is important to carefully consider these risks before investing in any cryptocurrency, including Shiba Inu coin.
FAQ
What is Shiba Inu Coin?
Shiba Inu coin (SHIB) is a cryptocurrency that was created in August 2020 as a parody of the popular cryptocurrency Dogecoin, which itself was inspired by the Shiba Inu breed of dog.
Who is the founder of Shiba Inu Coin?
The anonymous creator of the Shiba Inu coin is known as “Ryoshi.” However, very little is known of the mystery founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto.
What is the total supply of Shiba Inu coins?
The total supply of Shiba Inu coins is 589,735,030,408,323 SHIB coins.
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