As more of us get on board the crypto train, SHIB coin is the new crypto player entering the market
The “Shiba Inu coin” also known as SHIB coin or $SHIB is rising in popularity. Much like Dogecoin – it started out as a meme, but now crypto investors are seeing some potential.
Cryptocurrencies have become ‘the new norm’ in 2021, with businesses, brands and celebrities investing in digital currency.
Shiba was founded by the mysterious Ryoshi, in 2020. Although Ryoshi’s identity remains unknown, they agreed to speak to Ticker reporters over a telegram chat.
Ryoshi says that Shiba is “an experiment in decentralised community” to “see if a garden can thrive without tending.”
Unlike most crypto projects which are self-funded or rely on fundraising, the founders of Shiba didn’t put any funding into the project.
“They have taken ownership of the movement themselves. “Their numbers are unstoppable and they are working as a force to change their lives.”
Ryoshi, founder of Shiba inu coin
Where can you buy Shiba Coin?
Shibu Inu coin can be bought as tokens directly from their website, or through popular third parties like the Uni-swap platform.
The SHIB Token is an ERC-20, compatible with the Ethereum network. According to Shiba’s founders, they are currently ranked as the 15th currency with a market cap of about $35 billion.
It’s also been listed on many large crypto exchange platforms according to CoinMarketCap.
This includes Binance, the largest crypto exchange.
How does Shiba Coin work?
SHIB seems to draw inspiration from Dogecoin, and it has been able to ride the success of Musk’s favoured crypto.
Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network.
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2 Comments
2 Comments
Ma
May 13, 2021 at 9:07 am
My investment over 10k down on shib hope it will go up
Ryoshi
May 12, 2021 at 8:57 pm
Why anonimity? Is this another Bitconnect? Russian Razzleton?
Agreements have been settled without admitting guilt
Eight celebrities have been busted over allegations they’ve been participating in an illegal crypto scheme.
The stars, including Lindsay Lohan, Logan Paul and Soulja Boy, were all charged following an investigation by the U.S. Securities and Exchange Commission.
Lohan and Paul have reportedly settled the matter without admitting guilt.
But, regardless, it’s just another bad look for the already embattled crypto industry.
The U.S. Securities and Exchange Commission (SEC) is suing YouTube personality Jake Paul over a promotion of cryptocurrencies linked to Tron founder Justin Sun.
The SEC is accusing Paul of a paid promotion of assets without disclosing those payments to the public.
Other celebrities such as Lindsay Lohan, Ne-Yo and Akon and are also being investigated for their involvement.
Meanwhile, the SEC is going after Sun for potential fraud and market manipulation.
Ma
May 13, 2021 at 9:07 am
My investment over 10k down on shib hope it will go up
Ryoshi
May 12, 2021 at 8:57 pm
Why anonimity? Is this another Bitconnect? Russian Razzleton?