The Shiba Inu coin which is also called the dogecoin killer is a cryptocurrency created by someone called Ryoshi"( seems everyone
likes Japanese pseudonyms).
A meme coin lacking use case, simply a coin that can be transferred
from one user to another.
The first major use case for Shiba Inu (shib) was in the case of
Vitalik Buterin (creator of ethereum) donating over 40 trillion
shib which was worth over a billion dollars (yes that's right) to
the India covid relief. This shocked many crypto holders especially
meme token holders. This of course caused massive volatility in
prices which caused prices to crash by 50%.
Another power player in the crypto space is billionaire CEO Elon
Musk, who since early 2021 has been involved in the cryptoverse
with his tweets which most times pumps the price of coins, or
crashes the market.
On the 24th of June 2021, Elon made a tweet "My Shiba Inu will be
named Floki" which caused the price to rise to 14% in 24 hours.
Now the question everyone's asking is "will shib moon?". No one
knows, and not me, as I am not a financial adviser.
Hello @aimedusa! This is @indayclara from @ocd (Original Content Decentralized) team. We saw that you already posted your first post here in Hive! Congratulations and welcome!
However, it would be awesome if you do an introduction post. Information like who are you and where you're from, how did you discover Hive or who invited you, what types of content you want to see here and the types that you want produce, and what are your expectations in this platform. There's no pressure on this. You can choose on whatever information you would like to share. As a sample of what an intro post is, you can refer to this intro posts for reference:
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If you have questions, you can hop into Discord server and we'll gladly answer your questions. We will be following your account for some time in anticipation of your introductory post. Feel free to tag @lovesniper @indayclara as well.