fbpx
Connect with us

Cryptocurrency

What Is This Shiba Inu Cryptocurrency

Published

on

Just last year, the internet saw the rise of the cryptocurrency Dogecoin. This new platform of digital currency centered around the doge meme started as a joke but later became popular in mainstream media, making it worth a significant amount of money. Even Tesla and SpaceX CEO Elon Musk couldn’t resist his curiosity and interest in this particular cryptocurrency.

But now, another puppy has entered the arena and poses a threat against Dogecoin. Named after the popular Japanese dog breed, the Shiba Inu coin has been gaining the attention of serious investors and cryptocurrency enthusiasts around the world. It’s also being recognized as the “Dogecoin Killer.”

More About The ‘Dogecoin Killer’

Shiba Inu coin, or SHIB coin, was created in August 2020 by Ryoshi.

Not much is known about SHIB’s founder but he has argued that his new cryptocurrency can surpass that of Dogecoin. The reason behind this lies in SHIB’s technology. According to Ryoshi, the SHIB coin is more community-driven than the other doggy in the window.

Creating SHIB, as per Ryoshi, was a result of an experiment in “spontaneous community building.” Eventually, the coin was developed along with the “Shiba Inu Ecosystem” which includes the ShibSwap exchange and a decentralized Shib Army comprised of more than 120,000 developers, coin holders, and fans.

Ryoshi added that SHIB can surpass the value of Dogecoin exponentially without ever crossing the $0.01 mark.

He also endorses Shiba Inu as an “incredible dog” and encourages people to donate to the Shiba Inu Rescue Association. This is because the members of the SHIB community started from nothing and aren’t even connected until after they’ve built this new platform for cryptocurrency trading. And the factor that brought them all together, aside from an eye for disrupting the stock markets, is their love for Shiba Inus.

Creating A Decentralized And Involving Community

Another thing that Ryoshi wanted to build with SHIB is a community that has full control of the cryptocurrency project and breaking the norm centralization that has been rampant in society for years.

The developers of SHIB saw how little control the average person has in a centralized structure, especially when the GameStop and AMC stock value exploded overnight. And to give other people a chance to deal their hand and control the market, Ryoshi and his team came up with SHIB.

Being a cryptocurrency, there’s no definite way to tell the future of SHIB as stocks could either see a rise or fall in value. But Ryoshi’s project has created hype from investors and users everywhere, making it a key player in the market that people should look out for.

Learn more about the Shiba Inu coin at our free master class https://www.disruptweek.com/crypto

 

US Army Combat Veteran turned writer helps people reach new levels of success and influence with personal brand building. Luis also writes for Entrepreneur magazine and runs TEDx events and TED circles online. Mentored by Mark Cuban his eye for business and potential growth has been trained at a billionaire level.

Become A Crypto Expert

Categories

Recent Stories

Trending


Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.


Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.