SHIB

Shiba Inu (SHIB) was created in August 2020 by the anonymous developer "Ryoshi" as an Ethereum-based meme token inspired by Dogecoin, featuring the same Shiba Inu dog breed as its mascot. Initially launched with a quadrillion token supply, SHIB gained massive popularity during the 2021 meme coin surge, with its community-driven "SHIBArmy" helping propel it into the top cryptocurrencies by market capitalization.

The Shiba Inu ecosystem has evolved beyond its meme origins to include ShibaSwap decentralized exchange, additional tokens like LEASH and BONE, and ambitious projects including the upcoming Shibarium layer-2 blockchain and plans for a metaverse gaming platform. Major cryptocurrency exchanges and payment processors have added SHIB support, while high-profile endorsements and social media campaigns continue driving retail adoption and trading volume.

At CoinDesk, we track Shiba Inu news covering price movements, ecosystem developments, and the broader meme coin market dynamics that influence SHIB's performance. Our coverage explores how community-driven marketing intersects with serious blockchain development, the impact of celebrity endorsements and social media trends, and the token's evolution from pure speculation to utility-focused projects.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

SHIB y DOGE suben 20% y 5% respectivamente mientras traders siguen apostando por las memecoins

Datos de Nansen mostraron un intenso trading de los tokens SHIB en exchanges descentralizados.

By Sam ReynoldsJan 18, 2023

Markets

SHIB Surges 20%, DOGE up 5% as Traders Continue to Ape Into Meme Coins

Nansen data shows heavy DEX trading on SHIB tokens.

By Sam ReynoldsJan 18, 2023

Podcasts

Crypto Update | Why Did Sam Bankman-Fried Plead Not Guilty?

By Adrian Blust, Adam B. LevineJan 6, 2023

Weekend Story | The Short-Sightedness of Run-Amok Regulators

Markets

El exchange cripto Binance registra el mayor ingreso de SHIB desde febrero

Datos recolectados por Dune Analytics muestran que una dirección, aparentemente propiedad de Crypto.com, transfirió 1,8 billones de SHIB a la plataforma.

By Omkar GodboleNov 30, 2022

Binance recibió el martes 1,8 billones de SHIB netos. (Fuente: Glassnode)

Markets

Crypto Exchange Binance Sees Biggest Inflow of SHIB Tokens Since February

Data sourced from Dune Analytics shows an address supposedly owned by Crypto.com transferred 1.8 trillion SHIB to the platform.

By Omkar GodboleNov 30, 2022

Markets

First Mover Asia: Ethereum's Merge Starts to Hit Gaming Chip Prices

Prices for graphics processing units for personal computers are tumbling ahead of the Ethereum blockchain's upcoming shift, which is already reducing demand for chips from cryptocurrency miners.

By Sam Reynolds, Bradley KeounSep 5, 2022

GPU prices have taken a toll, and it's hitting Nvidia's bottom line. (FritzchensFritz/Creative Commons, modified by CoinDesk)

Markets

First Mover Asia: Bitcoin Holds Tight Below $20K; Blockchain Protocol Cardano Arrives on Robinhood. Who Cares?

Other protocols have far exceeded Cardano for total value locked.

By James Rubin, Sam ReynoldsSep 5, 2022

Videos

Memecoins on a Tear, Outperforming Bitcoin

New Crypto Watch data shows memecoins like on dogecoin (DOGE) and shiba inu (SHIB) are outperforming bitcoin (BTC). Plus, meme stocks like Bed Bath & Beyond are also surging. "All About Bitcoin" host Lawrence Lewitinn breaks down the Chart of the Day.

Aug 17, 2022

Markets

Crypto Analysts Reject Latest DOGE, SHIB Rally as Contrarian Signal

Historically, meme token rallies have been predictors of market tops analogous to record-setting art auction prices in traditional finance. This time it may be different.

By Omkar GodboleAug 17, 2022

DOGE rally is news-driven and doesn't represent speculative frenzy. (Thorsten/Pixabay)

Videos

Long-Term 'Bearish Sentiment' Ahead in Crypto, Says Umee CEO

Meme tokens shiba inu (SHIB) and dogecoin (DOGE) are in the spotlight as risk-on behavior returns to the crypto markets. Umee Founder and CEO Brent Xu discusses why he sees longer-term bearish sentiment toward the end of this year, despite the latest "temporary" bullish momentum, and what this means for the broader market.

Aug 15, 2022