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Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group using the pseudonym "Ryoshi". [1] It is inspired by the Shiba Inu (柴犬), a Japanese dog breed, which also serves as the mascot for Dogecoin , another cryptocurrency with meme origins.
Image source: Getty Images. Shiba Inu has a supply problem. Perhaps the biggest roadblock to Shiba Inu hitting $1 is its enormous supply. As of this writing, there are 589.3 trillion tokens in ...
See also: How to Buy Shiba Inu (SHIB) Price Action: Shiba Inu was trading at $0.00001755, down 15.42% in the past 24-hours, and significantly down from its all-time high of $0.0000388 recorded May 12.
The shiba inu crypto may help you make a quick buck, but it is not a reliable long-term investment. The fear of missing out, or FOMO, of the shib price hike makes investing tempting.
A meme coin (also spelled memecoin) is a cryptocurrency that originated from an Internet meme or has some other humorous characteristic. [1]The term is sometimes used interchangeably with the term shitcoin, which typically refers to a cryptocurrency with little to no value, authenticity, or utility. [2]
The Shiba Inu (柴犬, Shiba Inu, Japanese: [ɕiba inɯ]) is a breed of hunting dog from Japan. A small-to-medium breed, it is the smallest of the six original dog breeds native to Japan. [ 1 ] Its name literally translates to "brushwood dog", as it is used to flush game.
Kabosu (Japanese: かぼす, pronounced, c. November 2, 2005 [1] – May 24, 2024) was a Shiba Inu dog from Japan. Adopted in 2008 by kindergarten teacher Atsuko Sato ( 佐藤 敦子 , Satō Atsuko ) , she is prominently featured in the original Doge meme .
Right now, Shiba Inu has a market cap of nearly $11 billion. The next-closest meme-coin competitor, Pepe, has a market cap of $5 billion. If these two meme coins swap places, then Shiba Inu could ...