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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.
Dogecoin and Shiba Inu were both dubbed "meme coins" because they were both named after the popular "Doge" meme which featured a Shiba Inu dog. Many investors initially dismissed them as jokes ...
Shiba Inu is one of the leading meme cryptocurrencies and was designed to be the “Dogecoin killer”, rallying by thousands of percentages since the start of the year.
Industry-leader Bitcoin is up more than 130%, while the meme token Shiba Inu (CRYPTO: SHIB) ... The total value of all coins and tokens in circulation fell to $821 billion, down from a record high ...
Notable examples include Dogecoin and Shiba Inu. [3] In late 2021, advertisements promoting the meme coin Floki Inu in London led to subsequent investigations around promoting the meme coin, considered to be an unregulated financial product by the ASA (The Advertising Standards Authority). [4] Some countries have taken steps to regulate meme coins.
Meme-token Shiba Inu (CRYPTO: SHIB) was sitting on a year-to-date gain of 251%, but it has since plummeted 41% from its 52-week high. Shiba Inu staged an incredible run in 2021 when it delivered a ...
Six spots back at No. 16 is Shiba Inu, an Ethereum-based meme coin launched as a satirical but very serious challenger to Dogecoin. It has a market cap of close to $6 billion.
The meme originally and most frequently uses an image of a Shiba Inu named Kabosu, though versions with other Shiba Inus are also popular. The meme is based on a 2010 photograph of Kabosu which became popular in late 2013, being named as Know Your Meme ' s "top meme" of that year. The Shiba Inu had a notable presence in popular culture in late ...