What is Shiba Inu (SHIB)?

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Avatar for SamuraiTeacher
3 years ago

According to the SHIBA INU website, SHIB is the “DOGECOIN KILLER”. Shiba Inu coin was created anonymously in August 2020 under the pseudonym “Ryoshi.” 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. Shiba Inu aimed 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). The SHIBA INU cryptocurrency is traded using the symbol SHIB.

SHIBA INU Price Metrics?

#11

Crypto Rank

$24.4B

Market Cap

$4.0B

24hr Volume

549.1T

Circulating Supply

589.7T

Total SHIB Supply

±51.96%

Last Month Volatility

▲59.46%

Last Month

▼-17.19%

Last 7 Days

▼-5.74%

Last 24 Hrs

▲3.14%

Last Hour

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Comments

Great, Thanks

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3 years ago