The abbreviation of Shiba coin, which takes its name from a dog breed of the Shiba type, is SHIB. Like many other cryptocurrencies, Shib coin operates on the ERC-20 network. Shiba coin was created in August 2020 by an anonymous person known as "Ryoshi".1 Quadrillion SHIB was generated on the Ethereum blockchain via the ERC-20 smart contract. Half of the total supply was transferred to the liquidity pool on the Uniswap clearing platform, while the other half was transferred to the Ethereum wallet of Vitalik Buterin, the founder of Ethereum. Launched after Dogecoin, the Shiba coin defends itself as the "Doge Killer" on its website, meaning it wants to stand out as the Dogecoin Killer. Taking strength from the discourses and tweets of people like Elon Musk and Vitalik Buterin about Shiba coin, Shiba coin has managed to become one of the fastest growing top hundred cryptocurrencies of recent times.
Shiba coin, which has made a name for itself with its volatility and price evolution since the day it was created, attracts the attention of investors day by day.
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