What Is the Shiba Inu Coin?


Bitcoin, Ethereum, and Dogecoin are common names in the crypto world. But have you heard about Shiba Inu Coin?

Well, this fairly new crypto coin, created in August 2020, emerged following the popularity of Tesla  (TSLA) – Get Report CEO Elon Musk’s favorite Dogecoin. Shiba Inu Coin got its name after the dog breed which represents Dogecoin.

Related: What Is Dogecoin?

Ryoshi created this cryptocurrency as a decentralized meme token on the Ethereum blockchain. Wondering who this person Ryoshi is? Like Bitcoin creator Satoshi Nakamoto, Ryoshi’s identity is still unknown.

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