Shiba Inu Coin

Once upon a time, there was a very special dog. That dog was a shiba inu, and this dog inspired millions of people around the world to invest money into tokens with the dog’s image on it.

17, 2021, Coinbase, the largest US-based crypto exchange, listed Shiba Inu on their platform. This news caused Shiba Inu price to rise by over 40% in the following two days, bringing the meme dog token into the spotlight again.

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.

In the beginning of May 2021, dog-themed meme tokens like Shiba Inu saw transaction volumes in the hundreds of millions of dollars. Shiba Inu price hit an all-time high (ATH) of 0.00005 on May 10, 2021, before going on a downtrend since.

On May 13, Vitalik Buterin (who was given half of the token supply by the developers) announced that he was donating a large amount of these tokens to a fund helping India with COVID relief. The SHIBA developers had not anticipated Buterin selling his tokens, so the relief fund (as of May 18) will have to navigate how to sell the tokens to use the money on aid without preventing market shocks in the SHIB market. At the news of Buterin’s announcement, Shiba Inu price dropped 44%.

From its inception, Shiba Inu has done things differently. Starting with a supply of 1 quadrillion, our founder, Ryoshi, locked 50% in Uniswap, then “burned” the other half to Ethereum co-founder Vitalik Buterin for safekeeping.To help reverse the devastating spread of Covid-19 in India, VB has since utilized SHIB in the largest crypto donation in history, and then actually burned 40% of its total supply to a dead wallet, ensuring our long-term success and stability. In the words of Ryoshi, “Thank you to the woofmeister for enabling true decentralization. Now we truly begin.”.

The Shiba Inu token is our foundational currency that allows investors to hold millions, billions, or even trillions, of it in their wallets.Between its international recognition and its legitimate utility, SHIB is up thousands of times and is constantly expanding its reach. SHIB is the first to be listed and incentivized on ShibaSwap, our proprietary DEX.

LEASH was originally set to be a rebase token, but then we removed the rebase and unleashed its full potential. With a total supply of ONLY 107,646 tokens, it represents the other end of our Ecosystem spectrum.LEASH is the second token incentivized on ShibaSwap and will offer lucrative rewards for the holders providing its liquidity.

BONE has 250,000,000 tokens, and is designed to fit perfectly between the previous two tokens in regards to circulation supply.Moreover, the token is a Governance token which will allow the #ShibArmy to vote on upcoming proposals on our Doggy DAO.

We are proud to support ingenuity in all its forms with the Shiba Inu Incubator. The ShibArmy is made up of talented individuals who have united to build something remarkable, and we support this by cultivating an environment which encourages creativity and growth. Through the power of the Shiba Inu Incubator, we help holders find the tools they need to bring their inspiration and unique perspectives to life. This as just another way to encourage others to step outside of preconceived limits and regulations and experience what it means to be part of our decentralized movement.

From the tips of their noses to the ends of their tails, Shiba Inu are intelligent, brave, and independent, with an equal propensity for loyalty and mischief. Sadly, the characteristics which make them extraordinary are the same ones which make them a challenging pet. Inexperienced owners can find themselves unprepared for a dog that’s known for its bold (i.e. stubborn) personality.Luckily, we are helping these dogs in real life! We use Amazon Smile to collect and donate a percentage of your Amazon purchases to the Shiba Inu Rescue Association. Joining is easy and free! Just use smile.amazon.com when placing orders and select Shiba Inu Rescue Association (a 501(c)3, preferred non-profit organization). You’re seconds away from helping Shibs in need. Start funding shelters today.

Our community grows stronger every day. Please follow our social platforms to get the most up-to-date, accurate SHIB information.Using the links below, you can join our various groups alongside the 1M+ other members of the ShibArmy.

Our Project & Ecosystem From its inception, Shiba Inu has done things differently. Starting with a supply of 1 quadrillion, our founder, Ryoshi, locked 50% in Uniswap, then “burned” the other half to Ethereum co-founder Vitalik Buterin for safekeeping.To help reverse the devastating spread of Covid-19 in India, VB has since utilized SHIB in the largest crypto donation in history, and then actually burned 40% of its total supply to a dead wallet, ensuring our long-term success and stability. In the words of Ryoshi, “Thank you to the woofmeister for enabling true decentralization. Now we truly begin.” Liquidity Locked to Uniswap India’s Covid Relief Fund Vitalik Buterin Burn.

Our Project & Ecosystem From its inception, Shiba Inu has done things differently. Starting with a supply of 1 quadrillion, our founder, Ryoshi, locked 50% in Uniswap, then “burned” the other half to Ethereum co-founder Vitalik Buterin for safekeeping.To help reverse the devastating spread of Covid-19 in India, VB has since utilized SHIB in the largest crypto donation in history, and then actually burned 40% of its total supply to a dead wallet, ensuring our long-term success and stability. In the words of Ryoshi, “Thank you to the woofmeister for enabling true decentralization. Now we truly begin.”.

Art We are proud to support ingenuity in all its forms with the Shiba Inu Incubator. The ShibArmy is made up of talented individuals who have united to build something remarkable, and we support this by cultivating an environment which encourages creativity and growth. Through the power of the Shiba Inu Incubator, we help holders find the tools they need to bring their inspiration and unique perspectives to life. This as just another way to encourage others to step outside of preconceived limits and regulations and experience what it means to be part of our decentralized movement.

Rescue From the tips of their noses to the ends of their tails, Shiba Inu are intelligent, brave, and independent, with an equal propensity for loyalty and mischief. Sadly, the characteristics which make them extraordinary are the same ones which make them a challenging pet. Inexperienced owners can find themselves unprepared for a dog that’s known for its bold (i.e. stubborn) personality.Luckily, we are helping these dogs in real life! We use Amazon Smile to collect and donate a percentage of your Amazon purchases to the Shiba Inu Rescue Association. Joining is easy and free! Just use smile.amazon.com when placing orders and select Shiba Inu Rescue Association (a 501(c)3, preferred non-profit organization). You’re seconds away from helping Shibs in need. Start funding shelters today.

Rescue From the tips of their noses to the ends of their tails, Shiba Inu are intelligent, brave, and independent, with an equal propensity for loyalty and mischief. Sadly, the characteristics which make them extraordinary are the same ones which make them a challenging pet. Inexperienced owners can find themselves unprepared for a dog that’s known for its bold (i.e. stubborn) personality.Luckily, we are helping these dogs in real life! We use Amazon Smile to collect and donate a percentage of your Amazon purchases to the Shiba Inu Rescue Association. Joining is easy and free! Just use smile.amazon.com when placing orders and select Shiba Inu Rescue Association (a 501(c)3, preferred non-profit organization). You’re seconds away from helping Shibs in need. Start funding shelters today.

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Shiba Inu is now the 11th most valuable cryptocurrency, with a total market value of more than $28 billion, according to CoinMarketCap. Supporters of the so-called meme coin believe it’s a worthy rival to Dogecoin ( DOGE 3.11% ), a controversial cryptocurrency that was created as a joke and went on to rocket in value.

Yet, investors might want to exercise some caution in regard to buying Shiba Inu at these levels. Regulators are stepping up their scrutiny of crypto trading platforms, which could force Robinhood to hold off on making Shiba Inu available for trading to its customers.

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Per Benzinga, Shiba Inu coin dropped 60% in value since its October peak. More so, social media interest in Shib coin dropped 29.2% in the last week.

It doesn’t help that Shiba Inu cryptocurrency coin has been the victim of a recent scam. The official Twitter account for Shib coin warned of a new scam surrounding the coin, which has been “traveling social media, and other communication platforms.”.

That said, we’ve seen this from Shiba Inu coin before. The coin relies heavily on social media interest. When there’s high interest, the coin will soar in value, which will then increase the interest and the value. Over time, the interest wanes and the coin becomes less valuable as investors sell off their investment.

Shiba Inu coin has seen a massive drop off since its October rise. Illustration by Alex Cochran, Deseret News The meme-based cryptocurrency Shiba Inu coin has seen a massive drop in the last month, signaling a potential loss of interest from investors. Per Benzinga, Shiba Inu coin dropped 60% in value since its October peak. More so, social media interest in Shib coin dropped 29.2% in the last week. “The coin’s social dominance was down 38.6%, in line with its declining market cap, which fell 12% over the last seven days to $21 billion at the time of publication,” according to Benzinga. Related This CEO says Shiba Inu coin is a good long-term investment. Here’s why Shiba Inu team warns about new a Shib coin scam Alex Krüger, an independent market analyst, said that the decline of Shiba Inu coin’s social interest suggests that the coin may be topping out, which means investors might be selling off their coins, according to Coin Telegraph. It doesn’t help that Shiba Inu cryptocurrency coin has been the victim of a recent scam. The official Twitter account for Shib coin warned of a new scam surrounding the coin, which has been “traveling social media, and other communication platforms.” The Shiba Inu coin team said that “a fake Shiba Telegram group is being shared across all social media. The scammers impersonate official accounts and create fake users. These scammers reply to general posts.” That said, we’ve seen this from Shiba Inu coin before. The coin relies heavily on social media interest. When there’s high interest, the coin will soar in value, which will then increase the interest and the value. Over time, the interest wanes and the coin becomes less valuable as investors sell off their investment. Despite these shifts, Johnny Lyu, the CEO of KuCoin. the world’s third-largest crypto exchange, said Shiba Inu coin could be a good long-term investment since people continue to show interest, according to MarketWatch. “These investors are very passionate about such tokens and are determined to push the prices higher,” Lyu said, according to MarketWatch. The Financial Conduct Authority said cryptocurrencies can be a risky investment since they have volatile markets, though. “Investing in cryptoassets, or investments and lending linked to them generally involves taking very high risks with investors’ money,” FCA’s statement said. “If consumers invest in these types of product, they should be prepared to lose all their money.” Next Up In Business These scammers are impersonating Amazon. Here’s what you need to know Black Friday sales this year dipped for the first time in history. Here’s why Post Malone stopped by Settebello over the weekend The return of layaway? A new tech-driven riff is bringing the idea back, in a big way Why Utah’s Olympic bid backers have to wait a little longer for an audience with the IOC Just starting your 2021 holiday shopping? Here’s how to buckle up for the season.

The meme-based cryptocurrency Shiba Inu coin has seen a massive drop in the last month, signaling a potential loss of interest from investors. Per Benzinga, Shiba Inu coin dropped 60% in value since its October peak. More so, social media interest in Shib coin dropped 29.2% in the last week. “The coin’s social dominance was down 38.6%, in line with its declining market cap, which fell 12% over the last seven days to $21 billion at the time of publication,” according to Benzinga. Related This CEO says Shiba Inu coin is a good long-term investment. Here’s why Shiba Inu team warns about new a Shib coin scam Alex Krüger, an independent market analyst, said that the decline of Shiba Inu coin’s social interest suggests that the coin may be topping out, which means investors might be selling off their coins, according to Coin Telegraph. It doesn’t help that Shiba Inu cryptocurrency coin has been the victim of a recent scam. The official Twitter account for Shib coin warned of a new scam surrounding the coin, which has been “traveling social media, and other communication platforms.” The Shiba Inu coin team said that “a fake Shiba Telegram group is being shared across all social media. The scammers impersonate official accounts and create fake users. These scammers reply to general posts.” That said, we’ve seen this from Shiba Inu coin before. The coin relies heavily on social media interest. When there’s high interest, the coin will soar in value, which will then increase the interest and the value. Over time, the interest wanes and the coin becomes less valuable as investors sell off their investment. Despite these shifts, Johnny Lyu, the CEO of KuCoin. the world’s third-largest crypto exchange, said Shiba Inu coin could be a good long-term investment since people continue to show interest, according to MarketWatch. “These investors are very passionate about such tokens and are determined to push the prices higher,” Lyu said, according to MarketWatch. The Financial Conduct Authority said cryptocurrencies can be a risky investment since they have volatile markets, though. “Investing in cryptoassets, or investments and lending linked to them generally involves taking very high risks with investors’ money,” FCA’s statement said. “If consumers invest in these types of product, they should be prepared to lose all their money.”.

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The Bloomberg analyst wrote that shiba inu tokens may be fun for speculators, having achieved a market capitalization of nearly $40 billion and a No. 9 October ranking on CoinMarketCap. But the dogecoin wannabe looks like an “example of excesses among 13,000 cryptos.”.

“SHIB has gotten about as far as it can go on hype alone,” Greenspan said. ”Future value can only be derived from development of the network. For starters, they’ll need to get off the Ethereum platform and build their own blockchain, as well as other products.”.

The transaction drew the attention of the website Watcher.Guru, which characterized the transfers as a purchase made by a “whale,” which in crypto-industry jargon means an individual holdings a vast amounts of tokens.

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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain [email protected] CoinDeskEnglish.

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Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as “Ryoshi”.[1] It is named after the Shiba Inu (柴犬), a Japanese breed of dog originating in the ChÅ«bu region, the same breed that is depicted in Dogecoin’s symbol, itself originally a satirical cryptocurrency based on the Doge meme.[2] Shiba Inu has been characterized as a “meme coin” and a pump and dump scheme.[3][4] There have also been concerns about the concentration of the coin with a single “whale” wallet controlling billions of dollars’ worth of the token, and frenzied buying by retail investors motivated by fear of missing out (FOMO).[5].

The exchange price of the cryptocurrency notably surged in early October 2021. Its value increased 240% over the week.[7] However, at the beginning of November the price dropped and continued to fall, ending the month having lost approximately 55% of its value.[8][9][10].

Within minutes of posting, Kraken’s post easily hit that target, as Insider previously reported. The next day, the post had surpassed the goal and garnered almost 60,000 likes.

Despite this, Kraken in a Twitter thread said it had decided to not list the coin after all. “There’s more work for us to do as we move through our listing review process,” the crypto exchange, founded in 2011, said.

The shiba inu community, known to be a united and vocal one, wasn’t happy. Some questioned why the exchange would make a pledge it did not intend to honor in the first place, while others threatened to delete their Kraken accounts.

Gemini and Public listed shiba inu earlier this month. Coinbase, the largest crypto exchange in the US, listed the dogecoin killer in September. Crypto.com listed shiba inu in May, while eToro listed it in July.

The eye-popping rally of shiba inu has propelled it to become the 12th largest cryptocurrency by market valuation, according to CoinMarketCap, after being created only in August 2020. It has gained almost 54,310,000% year-to-date compared with a rise of 100% in bitcoin, the largest crypto by market value.

Some investors find coins like Shiba Inu attractive, as they offer the opportunity for quick gains. However, you can also lose all your money in little more than an instant.

Jonathan Cheesman, head of institutional sales at crypto-derivatives exchange FTX, told Bloomburg of Shiba Inu Coin’s rise: “Memes have value and have been an investible thesis in 2021. Lower dollar-price tokens are attractive to retail.”.

More than 300,000 people have signed a Change.org petition calling for its addition, and while Robinhood is yet to respond, its CEO Vladimir Tenev said the platform will “carefully evaluate whether we can add new coins in a way that’s safe for customers and in line with regulatory requirements”.

He added: “We feel very, very good about the coins that we’re currently listing on our platform. And for any new coins that we add, we want to feel equally, if not more good.”.