#ARK Invest & Elon Musk: We will make cryptocurrency more popular! Shiba set to EXPLOED in 2023! #cryptocurrencynews New Erarn Money App 2022
Elon Musk is one of the greatest and most prolific modern inventors and is responsible for monumental advancements in futuristic technology like renewable energy and space travel. Many of his innovations seem to be right out of a science-fiction movie, but throughout his career he has brought about huge scientific breakthroughs.
Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as “Ryoshi”. It is named after the Shiba Inu (柴犬), a Japanese breed of dog originating in the Chūbu region, the same breed that is depicted in Dogecoin’s symbol, itself originally a satirical cryptocurrency based on the Doge meme. Shiba Inu has been characterized as a “meme coin” and a pump and dump scheme. There have also been concerns about the concentration of the coin with a single “whale” wallet controlling billions of dollars’ worth of the token, and frenzied buying by retail investors motivated by fear of missing out (FOMO).
Shiba Inu was created in August 2020, dubbing itself the ‘Dogecoin killer’. On 13 May 2021, Vitalik Buterin donated more than 50 trillion SHIB (worth over $1 billion at the time) to the India COVID-Crypto Relief Fund.
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