![[FULL STORY] My grandfather left me his](/uploads/2026/02/03/cryptocurrencies-news/videos/origin_6981f669e270a_image_500_375.webp "[FULL STORY] My grandfather left me his")
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who invented shiba inu coin
Shiba Inu coin, created as a decentralized meme coin in August 2020, remains a blockchain-based mystery, shrouded by the anonymity of its founder, "Ryoshi."
Oct 15, 2024 at 10:12 pm
- Shiba Inu coin was conceived in August 2020 by an anonymous individual known only as "Ryoshi."
- The project was created as a decentralized meme coin inspired by the popular "Doge" meme featuring the Shiba Inu dog breed.
- Shiba Inu coin was launched on August 1, 2020, on the decentralized exchange Uniswap.
- It quickly gained traction on social media and cryptocurrency forums, largely due to its association with the popular meme.
- The coin's unique name and low initial price appealed to a large number of retail investors.
- The identity of Ryoshi, the founder of Shiba Inu coin, remains a mystery.
- They have chosen to remain anonymous since the inception of the project, opting to let the Shiba Inu community drive the project forward.
- This decision has contributed to the coin's decentralized and community-driven nature.
- Shiba Inu coin is an ERC-20 token built on the Ethereum blockchain.
- It initially had a total supply of 1 quadrillion tokens, 50% of which were burned to Vitalik Buterin, co-founder of Ethereum.
- Shiba Inu coin is known for its strong and passionate community, known as the "SHIBArmy."
- The community plays an active role in governance, marketing, and development decisions related to the coin.
- This decentralized approach has fostered a sense of ownership and empowerment among the community members.
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