Shiba Inu Coin (SHIB): A Complete Beginner’s Guide


Shiba Inu was launched in August 2020 as a direct competitor to Dogecoin. But not like Dogecoin, the mysterious creator(s) of Shiba Inu, generally known as Ryoshi, made some design choices which have since set the token aside. According to Ryoshi, SHIB has “the ability to outpace the value of dogecoin, exponentially, without ever crossing the $0.01 mark.” To put that into perspective, shib was buying and selling for $0.00002831 at press time, which is a good distance from $0.01. And but, its market cap has already reached a 3rd of Dogecoin’s market cap.