$SHIBUSDT Shiba InuWhat Is SHIBA INU (SHIB)?
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.
According to the SHIBA INU website, SHIB is the "DOGECOIN KILLER" and is listed on their own ShibaSwap, a DEX. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.
This 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. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.
Shiba Inu aims 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). These lesser-valued tokens have attracted investors who missed the Dogecoin pump from 0.0002 to nearly 0.75 USD.
Shiba's success sparked an avalanche of copycats, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, Captain Shibarrow, SHIBA2K22, SpookyShiba and countless others. In total, there may be well over 100 Shiba Inu copies, and the number keeps rising constantly.
On Sept. 17, 2021, Coinbase, the largest U.S.-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.
Shiba Inu has since attracted more interest from other exchanges as well. Bitso, Mexico's biggest cryptocurrency exchange, announced in September that SHIB would start trading on its exchange. Giottus, an Indian crypto exchange, announced the same. Bitstamp, the biggest crypto exchange in Europe, said that it would list Shiba Inu for trading at the beginning of 2022. Korbit, a South Korean exchange, became the country's first exchange to list the SHIB token in 2021.
Who Are the Founders of SHIBA INU?
The SHIBA INU WoofPaper has three reasons why their team created SHIB:
"We started from zero, with zero."
"The brilliant minds behind Shib had never collaborated before."
"We love Shiba Inu Dogs."
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 his blog RYOSHI RESEARCH, he characterizes himself as "just some guy of no consequence tapping at a keyboard." Ryoshi said that usually in projects there are different roles like a CEO, a "tech guy," and a roadmap, resulting in "someone plebs can bitch at." He stresses that with Shiba, no one person is accountable or responsible and underlines that he owns 0 SHIB to this day. For this reason, Ryoshi can be "pure and unbiased," getting satisfaction from Shiba "in other ways."
It has been speculated that Vitalik Buterin was behind the initial liquidity that helped set up Shiba Inu's liquidity on Uniswap. According to Ryoshi, he had "a fren" he met at Devcon in Osaka that sent him 10 ETH to set up the liquidity pair on Uniswap. Ryoshi also stated that Shiba Inu was an experiment in decentralized community building, and he thus declined all the influencer requests and pitches from different exchanges he received. His "job" is to defend the brand and give suggestions, although he does so very sparingly, as his last blog entry dates back to May 2021.
What Makes SHIBA INU Unique?
The SHIBA INU website invites dog-inspired artists from all over the world to foster the "artistic Shiba movement" as they bring their SHIBA INU community into the NFT market. SHIBA INU has also created a campaign using Amazon Smile in order to collect donations to escue real, live Shiba Inu dogs with the Shiba Inu Rescue Association.
After initially being only one meme coin of many, Shiba Inu skyrocketed to popularity after Vitalik Buterin famously burned his share of the SHIB supply. Ryoshi had given Buterin 50% of the SHIB supply, announcing that "as long as Vitalik doesn't rug us," Shiba Inu would be fine.
However, Buterin decided to burn 90% of his share, which later would have been worth billions thanks to the soaring value of SHIB. The remaining 10% were sent to a charity, as were about 50 trillion SHIB more that Vitalik had donated to a COVID-19 relief fund. He stated that he did not want "to be a locus of power" and thus gave the tokens away. This resulted in a temporary loss of value for SHIB, which the token later recovered from after the community agreed on an arrangement with the charity in question.
Ryoshi's goal for Shiba Inu has been to see if a perpetual decentralized organization could work with no central leadership. In a blog post, Royshi noted that the rift caused by Buterin's token donation made the community stronger and would enable it to distribute further and decentralize the movement. His vision for the core ecosystem is to perform its utility while the Shiba Inu-own stablecoin becomes the globalized exchange of value.
In October 2021, SHIB surged on the news of a possible Robinhood listing and briefly flipped Dogecoin to become the most-valued meme coin by market capitalization. Thus far, Robinhood has not listed SHIB, despite a petition with over 500,000 signatures calling for it. Robinhood executive Christine Brown has lauded the efforts of the Shiba Inu community, saying that one of her favorite things was seeing it engage with the community to make its wishes heard. However, Robinhood would prioritize safety over the "short-term gain" of a new token listing and has left Shiba Inu fans waiting since.
The October 2021 price surge famously minted a billionaire, as one wallet was uncovered that had bought $8,000 worth of SHIB in summer 2020, which was worth over $5.7 billion at SHIB's all-time high valuation. The wallet owner has not been determined, although the person appears to have sent parts of their fortune to other wallets several weeks after the price explosion.
The price surge also led to increased adoption across token holders. WhaleStats compiled data of the largest ETH wallets and found that SHIB represents over 20% of the combined market shares of all ERC-20 tokens held by Ethereum whales. CRO was a distant second with only 5%. SHIB also surpassed the one-million holder mark following its all-time high.
Moreover, retailers increasingly started adopting SHIB as a means of payment following its popularity among small-time investors. American electronics retailer Newegg added SHIB at the start of December 2021, partnering with crypto payments platform BitPay to unlock payments in SHIB. This followed the adoption of SHIB by over 500 merchants, according to payments firm CoinGate, with even Samsung-backed digital wallet provider ZenGo adding SHIB to its options and a restaurant in Paris accepting it as a payment option. At one point, the Shiba Inu community called for McDonald's to accept Shiba Inu, although the social media effort eventually fell short.
A major reason for the surging price of SHIB was a continued effort by the SHIB community to build a utility for the Shiba Inu token and the subsequent emergence of an entire Shiba Inu ecosystem.
ShibaSwap is the coin's designated DEX that started as a fork of Sushiswap that has, in the words of Ryoshi, its "own little twists and elements." Furthermore, Shiba Inu also plans to develop SHI, which will be the "global exchange of value for plebs," an algorithmic stablecoin pegged to one cent instead of one dollar as most other stablecoins. Its launch is planned after the Shiba layer-two solution called Shibarium, and Ryoshi envisions SHI to work in a similar way to DAI. That way, SHI would have collateral as a backstop that would push it back to one cent if the peg was lost.
According to Ryoshi, the end goal is that SHI becomes a global stable currency "that plebs across all countries are able to use as both a store of value and method of payment."
In addition to SHI, a financial ecosystem is planned, and SHI would be added as a weighted pool pair on Curve. In that case, Ryoshi expects forks of the major DeFi protocols to appear in the Shiba Inu ecosystem, which would require an immutable bridge to function.
Shiba would also start hosting localized meetups and a once-a-year ShibaCon convention that would be hosted at an easily accessible location in a country without oppressive visa restrictions "for the sake of inclusiveness for global plebs."
One immediate change Shiba Inu has implemented is increasing token burns, which have sparked renewed interest in the token at the beginning of 2022. Bigger Entertainment, a crypto record label selling merch, NFTs and concert tickets, organized a SHIB burn party that burned over 239 million SHIB over Christmas. In total, the team has burned almost one billion SHIB since the end of October.
SHIB: The Metaverse and Shibarium
While looking to expand the utility of SHIB, the development team introduced a metaverse — a virtual reality project powered by non-fungible tokens (NFTs). Here, users can mint parcels of digital lands using ETH or its equivalent amount in SHIB tokens. Interestingly, other Shiba Inu-related tokens – BONE and LEASH – will also play various roles as different phases of the metaverse come to life.
According to the team, the goal is to create a fun, immersive and interactive environment where users can explore, earn passive income and collect in-game resources. Importantly, the metaverse will allow users to develop and launch their own projects. In total, there are 100,595 plots of land on SHIB: The Metaverse. Of the total, 36,431 digital lands were unlocked on April 13, 2022 – the launch date of the introductory phase of the metaverse.
Ryoshi
$QOMUSDT Shiba Predator QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap.
23. On qql blockchain, gas fee will be Qom or ETH f.e for send or received token exchange to wallet …
qom
68. What do you see as QOM’s most important utility in the near or distant future? How will we be stronger than Shiba?
We will do the L1 bigger better faster stronger
$CAWUSDT A Hunters DreamWhat Is CAW (A Hunters Dream) (CAW)?
A Hunters Dream (CAW) is a decentralized financial payments network that aims to transform the traditional blockchain payment system by using a basket of fiat/legal currency fixed-pegged stablecoins to stabilize the algorithm with the CAW reserve currency, fostering an open/transparent financial platform and facilitating programmable payment systems.
The CAW token was deployed as ERC-20 on Ethereum in April 2022.
A Hunters Dream (CAW) was announced in April 2022 on Twitter. As of June 2022, the project does not have an official website, white paper, or roadmap, but CAW does have a social Twitter account and an active Telegram channel.
Who Are the Founders of CAW (A Hunters Dream)?
There are no official statements about the composition of the team, the names of the founders, investors or backers remain unknown and as of June 2022, the project is being developed totally anonymously.
What Makes CAW (A Hunters Dream) Unique?
The goal of the developers is to build a complete cryptocurrency exchange rate system that will fundamentally change the existing method of calculating the cryptocurrency exchange rate and create a new online payment system.
$ODAI Childhoods End Next Target PT .01 and higher11. Hello kodai, what question should we ask in ama when the future is clear
What does your heart tell you? ✨
23. On qql blockchain, gas fee will be Qom or ETH f.e for send or received token exchange to wallet …
qom
46. Hi is it true that qom O caw all three are in the same ecosystem thank you
See my earlier answers
$BONEUSDT Bone ShibaSwapWhat is Shibarium Layer 2 Solution?
Shibarium Layer 2 solution is designed help to scale application by handling transactions off the Ethereum Main Network.
Shibarium Layer 2 is built on top of Ethereum Main Network to increase throughput without tampering with any original security or decentralization characteristics that are integral to the original Ethereum Main Network.
Shibarium Layer 2 will use $BONE as it’s native token for transactions fee.
Since Shibarium Layer 2 share a certain data processing with the Ethereum Main Network just like Polygon Matic. With Layer 2 solution Ethereum Main Network will become less congested, fees will be much cheaper which improve scalability. Scalability seen by many as the greatest obstacle to mainstream adoption of cryptocurrency, it is known to look for solution that solve it. Layer 2 Blockchain solutions are among them. They are the secondary frameworks or protocols that are built on top of an existing blockchain and operate without tampering with the base protocol. Layer 2 allows micro transaction with lower fees.
$BONEUSDT Bone ShibaSwap entry PT 1.08-ish Target PT 2,000BONE Price Live Data
The live Bone ShibaSwap price today is $1.26 USD with a 24-hour trading volume of $8,644,850 USD. We update our BONE to USD price in real-time. Bone ShibaSwap is up 1.53% in the last 24 hours. The current CoinMarketCap ranking is #796, with a live market cap of $8,755,740 USD. It has a circulating supply of 6,975,300 BONE coins and a max. supply of 230,000,000 BONE coins.
If you would like to know where to buy Bone ShibaSwap at the current rate, the top cryptocurrency exchanges for trading in Bone ShibaSwap stock are currently BTCEX, MEXC, CoinTiger, BitMart, and BKEX. You can find others listed on our crypto exchanges page.
What is BONE?
BONE is a governance token of Shibaswap ecosystem which will allow the #ShibArmy to vote on upcoming proposals. The more BONE the user holds, the more weight of their vote carries in these future endeavors. BONE has 250,000,000 tokens, and is designed to fit perfectly between the previous two tokens in regards to circulation supply.
What makes BONE Unique?
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.”
SHIB, LEASH, and BONE, come together to create ShibaSwap, the next evolution in DeFi platforms. ShibaSwap gives users the ability to DIG (provide liquidity), BURY (stake), and SWAP tokens to gain WOOF Returns through our sophisticated and innovative passive income reward system. Our platform also allows the ShibArmy to access upcoming NFTs and additional tools, such as portfolio trackers, to make navigating the crypto world simple and intuitive.
Who are the Founders of BONE?
The SHIBA INU founders.
TSUKA going to give possible buying opportunity in a few daysTSUKA is still maintaining its upward trend line, but short term has turned and is heading back toward its upward trend.
Looks as though there is a possibility for a good buy on or around the 28th of September.
If it breaks above the line it could reasonably raise to 0.20.
NFA
I am long TSUKA and will be acquiring more in this dip.
Thank you for your time.
$QOM.X Shiba Predator entry PTs 0.0000000279-0.00000003QOM Price Today
Shiba Predator price today is $0.000000034240 with a 24-hour trading volume of $777,897. QOM price is down -3.3% in the last 24 hours. It has a circulating supply of 600 Trillion QOM coins and a total supply of 600 Trillion. If you are looking to buy or sell Shiba Predator, LBank is currently the most active exchange.
What was the highest price for Shiba Predator?
Shiba Predator hit an all time high of $0.000000380671 on Apr 03, 2022 (6 months).
What was the lowest price for Shiba Predator?
Shiba Predator had an all time low of $0.000000028138 on Jun 14, 2022 (3 months).
What was the 24 hour trading volume of Shiba Predator?
The 24 hour trading volume of Shiba Predator is $777,897.
Where can Shiba Predator be traded?
You can trade Shiba Predator on LBank, Uniswap (v2), and BKEX. Popular trading pairs for Shiba Predator in the market includes QOM/USD, QOM/CAD, QOM/AUD, QOM/GBP, QOM/INR, and QOM/PHP.
QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap.
$QOMUSDT next entry PTs 0.0000000279-0.0000000310-0.00000003369 QOM Price Today
Shiba Predator price today is $0.000000039504 with a 24-hour trading volume of $1,127,896. QOM price is down -6.5% in the last 24 hours. It has a circulating supply of 600 Trillion QOM coins and a total supply of 600 Trillion. If you are looking to buy or sell Shiba Predator, LBank is currently the most active exchange.
What was the highest price for Shiba Predator?
Shiba Predator hit an all time high of $0.000000380671 on Apr 03, 2022 (5 months).
What was the lowest price for Shiba Predator?
Shiba Predator had an all time low of $0.000000028138 on Jun 14, 2022 (3 months).
What was the 24 hour trading volume of Shiba Predator?
The 24 hour trading volume of Shiba Predator is $1,127,896.
Where can Shiba Predator be traded?
You can trade Shiba Predator on LBank, Uniswap (v2), and BKEX. Popular trading pairs for Shiba Predator in the market includes QOM/USD, QOM/CAD, QOM/AUD, QOM/GBP, QOM/INR, and QOM/PHP.
QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap.
$QOM Shiba Predator $CAW A Hunters Dream $O Childhoods End✨$QOM.X Shiba Predator $CAW.X A Hunters Dream $O.X Childhoods End
QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap.
^ 0.000000037086
A Hunters Dream is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency CAW, to facilitate programmable payments and open financial infrastructure development.
^ 0.000000058909
Freedom and Stability
^ 0.00001363
$QOMUSDT Shiba Predator0xa71d0588EAf47f12B13cF8eC750430d21DF04974
SHIBA FLIPPED DOGE
NOW WE FLIP SHIBA
You are the Team
Yes, we are all QOM and we are all the team. For this to work, “a thousand flowers must blossom” and we all must do our part
Just like Shiba, there are no team tokens
If you want to do something then do it, if someone asks for a hand out you can tell them that Shiba never paid for a thing.
Trust The Process
Flipping Shiba will take Diamond Hands. Don’t be short-sighted with QOM, there is a long road ahead of us. HODL
Ask not what QOM can do for you, ask what you can do for QOM
QOM started this with a contract deploy and a group, but it is really up to you (QOM also) to see what you can add. Work for you meal, add what you can and tell your frens. This is an army. It is new and small, but that also means we have advantage.
SHIB (Shiba Inu) Token Analysis 27/03/2022Fundamental Analysis:
According to the SHIBA INU website, SHIB is the "DOGECOIN KILLER" and is listed on their own ShibaSwap, a DEX. Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.
This 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. Vitalik Buterin was long believed to be the originator of Shiba Inu, but denied such rumors on the Lex Fridman podcast on June 5, 2021.
Shiba Inu aims 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). These lesser-valued tokens have attracted investors who missed the Dogecoin pump from 0.0002 to nearly 0.75 USD.
Shiba's success sparked an avalanche of copycats, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, Captain Shibarrow, SHIBA2K22, SpookyShiba and countless others. In total, there may be well over 100 Shiba Inu copies, and the number keeps rising constantly.
On Sept. 17, 2021, Coinbase, the largest U.S.-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.
Shiba Inu has since attracted more interest from other exchanges as well. Bitso, Mexico's biggest cryptocurrency exchange, announced in September that SHIB would start trading on its exchange. Giottus, an Indian crypto exchange, announced the same. Bitstamp, the biggest crypto exchange in Europe, said that it would list Shiba Inu for trading at the beginning of 2022. Korbit, a South Korean exchange, became the country's first exchange to list the SHIB token in 2021.
The SHIBA INU website invites dog-inspired artists from all over the world to foster the "artistic Shiba movement" as they bring their SHIBA INU community into the NFT market. SHIBA INU has also created a campaign using Amazon Smile in order to collect donations to rescue real, live Shiba Inu dogs with the Shiba Inu Rescue Association.
After initially being only one meme coin of many, Shiba Inu skyrocketed to popularity after Vitalik Buterin famously burned his share of the SHIB supply. Ryoshi had given Buterin 50% of the SHIB supply, announcing that "as long as Vitalik doesn't rug us," Shiba Inu would be fine.
However, Buterin decided to burn 90% of his share, which later would have been worth billions thanks to the soaring value of SHIB. The remaining 10% were sent to a charity, as were about 50 trillion SHIB more that Vitalik had donated to a COVID-19 relief fund. He stated that he did not want "to be a locus of power" and thus gave the tokens away. This resulted in a temporary loss of value for SHIB, which the token later recovered from after the community agreed on an arrangement with the charity in question.
Ryoshi's goal for Shiba Inu has been to see if a perpetual decentralized organization could work with no central leadership. In a blog post, Royshi noted that the rift caused by Buterin's token donation made the community stronger and would enable it to distribute further and decentralize the movement. His vision for the core ecosystem is to perform its utility while the Shiba Inu-own stablecoin becomes the globalized exchange of value.
In October 2021, SHIB surged on the news of a possible Robinhood listing and briefly flipped Dogecoin to become the most-valued meme coin by market capitalization. Thus far, Robinhood has not listed SHIB, despite a petition with over 500,000 signatures calling for it. Robinhood executive Christine Brown has lauded the efforts of the Shiba Inu community, saying that one of her favorite things was seeing it engage with the community to make its wishes heard. However, Robinhood would prioritize safety over the "short-term gain" of a new token listing and has left Shiba Inu fans waiting since.
The October 2021 price surge famously minted a billionaire, as one wallet was uncovered that had bought $8,000 worth of SHIB in summer 2020, which was worth over $5.7 billion at SHIB's all-time high valuation. The wallet owner has not been determined, although the person appears to have sent parts of their fortune to other wallets several weeks after the price explosion.
The price surge also led to increased adoption across token holders. WhaleStats compiled data of the largest ETH wallets and found that SHIB represents over 20% of the combined market shares of all ERC-20 tokens held by Ethereum whales. CRO was a distant second with only 5%. SHIB also surpassed the one-million holder mark following its all-time high.
Moreover, retailers increasingly started adopting SHIB as a means of payment following its popularity among small-time investors. American electronics retailer Newegg added SHIB at the start of December 2021, partnering with crypto payments platform BitPay to unlock payments in SHIB. This followed the adoption of SHIB by over 500 merchants, according to payments firm CoinGate, with even Samsung-backed digital wallet provider ZenGo adding SHIB to its options and a restaurant in Paris accepting it as a payment option. At one point, the Shiba Inu community called for McDonald's to accept Shiba Inu, although the social media effort eventually fell short.
A major reason for the surging price of SHIB was a continued effort by the SHIB community to build a utility for the Shiba Inu token and the subsequent emergence of an entire Shiba Inu ecosystem.
ShibaSwap is the coin's designated DEX that started as a fork of Sushiswap that has, in the words of Ryoshi, its "own little twists and elements." Furthermore, Shiba Inu also plans to develop SHI, which will be the "global exchange of value for plebs," an algorithmic stablecoin pegged to one cent instead of one dollar as most other stablecoins. Its launch is planned after the Shiba layer-two solution called Shibarium, and Ryoshi envisions SHI to work in a similar way to DAI. That way, SHI would have collateral as a backstop that would push it back to one cent if the peg was lost.
According to Ryoshi, the end goal is that SHI becomes a global stable currency "that plebs across all countries are able to use as both a store of value and method of payment."
In addition to SHI, a financial ecosystem is planned, and SHI would be added as a weighted pool pair on Curve. In that case, Ryoshi expects forks of the major DeFi protocols to appear in the Shiba Inu ecosystem, which would require an immutable bridge to function.
Shiba would also start hosting localized meetups and a once-a-year ShibaCon convention that would be hosted at an easily accessible location in a country without oppressive visa restrictions "for the sake of inclusiveness for global plebs."
One immediate change Shiba Inu has implemented is increasing token burns, which have sparked renewed interest in the token at the beginning of 2022. Bigger Entertainment, a crypto record label selling merch, NFTs and concert tickets, organized a SHIB burn party that burned over 239 million SHIB over Christmas. In total, the team has burned almost one billion SHIB since the end of October.
According to 22-page-long SHIB's WoofPaper, SHIB is an ERC-20 token based on Ethereum, a proof-of-work blockchain currently transitioning to proof-of-stake.
Ryoshi announced in his final blog post to date that Shiba Inu would develop its own layer-two solution that would be more decentralized than Polygon or BSC, both of which Ryoshi regards as not truly decentralized. The Shiba L2 would be called "Shibarium" and is supposed to use BONE as its primary pair token, as written above.
According to Ryoshi, Shibarium would be built by a "very competent blockchain team" with experience building such solutions. Developer Eric M has announced in the Shiba Inu Discord server that Shibarium would launch "soon," although he did not specify a date.
The SHIBA INU WoofPaper has three reasons why their team created SHIB:
"We started from zero, with zero."
"The brilliant minds behind Shib had never collaborated before."
"We love Shiba Inu Dogs."
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 his blog RYOSHI RESEARCH, he characterizes himself as "just some guy of no consequence tapping at a keyboard." Ryoshi said that usually in projects there are different roles like a CEO, a "tech guy," and a roadmap, resulting in "someone plebs can bitch at." He stresses that with Shiba, no one person is accountable or responsible and underlines that he owns 0 SHIB to this day. For this reason, Ryoshi can be "pure and unbiased," getting satisfaction from Shiba "in other ways."
It has been speculated that Vitalik Buterin was behind the initial liquidity that helped set up Shiba Inu's liquidity on Uniswap. According to Ryoshi, he had "a fren" he met at Devcon in Osaka that sent him 10 ETH to set up the liquidity pair on Uniswap. Ryoshi also stated that Shiba Inu was an experiment in decentralized community building, and he thus declined all the influencer requests and pitches from different exchanges he received. His "job" is to defend the brand and give suggestions, although he does so very sparingly, as his last blog entry dates back to May 2021
The SHIBA INU website notes that they locked 50% of the total token supply on Uniswap, and "threw away the keys!" The remaining 50% was "burned to Vitalik Buterin." In response to the "gift" from the Shiba Inu team, Vitalik Buterin sent 50 trillion SHIB tokens, worth $1 billion in Shiba Inu price at that time, to India's Covid Crypto Relief Fund. Buterin then burned 40% of the total supply to a dead wallet.
There are several other tokens described on the SHIBA INU website — LEASH, which has "been unleashed and will not rebase," and BONE, the "Dogecoin Killer." LEASH has a fixed supply of only 107,646 tokens, and offers enticing rewards to liquidity providers, while BONE has 250,000,000 tokens, and is a governance token that allows holders to vote on the Shiba Inu's Doggy decentralized autonomous organization (DAO).
The WoofPaper notes that you will use SHIB to DIG for BONES or ShibaSwap, or even BURY your tokens. "Trainers" can teach their Shibas to SWAP tokens as well — all of these actions create "Returns" that are put into the Puppy Pools, where the #SHIBARMY has the option of BURYING or DIGGING for BONES.
At 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.
As mentioned above, 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, but eventually, the two parties came to a mutually satisfying agreement. Later, the fund actually lamented having sold its tokens too early, as its share would have been worth well over $1 billion at the token's all-time high.
Despite rumors alleging the contrary, Elon Musk does not own any SHIB. He confirmed as much in a tweet, which caused a temporary price drop.
The current CoinMarketCap ranking is #15, with a live market cap of $13,579,124,960 USD. It has a circulating supply of 549,063,278,876,302 SHIB coins and the max. supply is not available.
Technical Analysis:
As you can see the Price has Fallen to the 78.6% of Fibonacci Retracement Levels and it is at the Reaccumulating Phase currently which is a very good sign of New Bullish Cycle.
there exist a Bullish Divergence between Price and MACD visible in 3D chart, where it can be interpreted as the Bearish Trend Reversal and Start of the new Bullish Cycle.
we have defined 3 Targets Using Fibonacci Trend Base Extension Levels, where as the 3 TP gets its Confirmation after the 2 TP gets Triggered Followed by some Correction in Price.
Shiba Inu Fib Retracement Key Levels of Resistance From the 60 percent fall we have had from institutional buyers who took advantage of the purchasing power of the Shib Army. We have finally fallen back to solid consolidation ! yay
Every time shib has shown solid consolidation it has proven to go for it's next bull run and each have proven to be even stronger than the last besides the first wave more a less on theory
that most buyers where hoping to get rich quick than actual community members. But the majority of shib is still in good hands and the dev teams are working hard to bring needed updates to the project in the short amount
of time they have had. In the chart i was wanted to simply show my viewpoint on what the community and bulls need to achieve to enable renewed confidence in shib army.
We start at the first levels of major resistance 3550 if shib was to able to reach this price point it passes the 100 day moving average and if holds above 3350 is in target for next level of resistance at
3850 here we move pass the 200 day moving average next is 4462 which once we pass we approach the last levels of resistance at 5000 and 5550 if we are able to hold and consolidate in that area then hopefully this is will the anchor for the next bull run taking out a possible zero to reach the target of 1200 minus 0. These are my thoughts i will always hold a long and accumulate position on this work of art of a token and it's system hope you enjoyed my
analysis and any feedback is appreciated.
Papa shib is enjoying the wealth Ryoshi coin has been blowing up the last few days. I would keep an eye on this project. Im in some major profit now off a few dollars. Look for a correction to get in and hold!!!