It was created in August 2020 by an anonymous developer named Ryoshi, whose identity is as mysterious as Bitcoin’s creator Satoshi Nakamoto. Shiba Inu (SHIB) is a meme cryptocurrency running on the Ethereum blockchain. It’s ranked #11 on CoinMarketCap, which puts it close to its competitor, DOGE. As of November 2021, SHIB is amongst the top cryptocurrencies by market cap. Dubbed as “Dogecoin killer”, the SHIB coin has become a social media hit. Shiba Inu (SHIB) was one of the rising coins in the market that saw a significant price increase. You can buy and sell SHIB on crypto exchanges like Binance with different trading pairs, such as SHIB/USDT and SHIB/DOGE.įor pet-loving crypto traders, 2021 has been particularly exciting with the boom of dog-themed cryptocurrencies.
However, Vitalik decided to burn 90% of the coins and donate the remaining 10% to charity. Ryoshi locked 50% of the token in Uniswap to create liquidity, and sent the other 50% to Ethereum co-founder Vitalik Buterin’s wallet. Shiba Inu had an initial circulating supply of 1 quadrillion tokens. The SHIB roadmap and ecosystem also features an NFT art incubator called Shiba Artist Incubator, 10,000 “Shiboshi” NFTs, and an NFT game Shiboshi Game.
SHIB is an ERC-20 token with a decentralized exchange called ShibaSwap. It was created in 2020 by an anonymous developer named Ryoshi, who designed SHIB to be an alternative to Dogecoin (DOGE) on the Ethereum blockchain. Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed.
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