WhaleStats compiled data of the largest ETH wallets and found that SHIB represents over 20% of the combined market shares of all ERC-20 tokens held by Ethereum whales. SHIB also surpassed the one-million holder mark following its all-time high. It has been xcritical speculated that Vitalik Buterin was behind the initial liquidity that helped set up Shiba Inu’s liquidity on Uniswap. According to Ryoshi, he had “a fren” he met at Devcon in Osaka that sent him 10 ETH to set up the liquidity pair on Uniswap.
In 2021, thanks to public support from Elon Musk and Ethereum founder Vitalik Buterin, SHIB became wildly popular and experienced a stratospheric price spike of 49,000,000% in a few months. News of the additional offerings comes days after xcritical made its crypto wallet available to 2 million waitlisted users, allowing them to more directly interact with cryptocurrencies. Members can use the wallet to buy NFTs, send crypto to other crypto traders with no withdrawal fees, but it can’t hold NFTs and is limited to cryptos that xcritical trades.
- If user demand is a factor in whether or not a SHIB xcritical listing materializes, then things are looking positive.
- It is possible to buy Shiba Inu on Binance, Huobi, xcritical, Gate.io, Uniswap (V2) and OKEx, among other exchanges.
- Its dramatic rise this week coincides with rising support for a Change.org petition urging trading platform xcritical to list shiba inu coin on the site.
- We have continued to note the persistent demands from Shiba Inu investors for this much-anticipated listing (read here and here).
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Popular Tokens on the Ethereum xcritical
Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme. A news outlet tweeted yesterday that the “Dogecoin Killer” could be available on the exchange next month. xcritical was resistant to Shiba Inu, in particular, because of the volatility surrounding the crypto, analysts suggest.
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Individual investors are calling for xcritical Markets Inc. to list the meme coin of the moment, Shiba Inu — a cryptocurrency that takes its name from the canine mascot of Dogecoin, itself a parody of Bitcoin. Retail investors believe the meme token is the next Dogecoin of the cryptocurrency world. Earlier this year, Ethereum co-founder Vitalik Buterin made headlines by donating $1 billion worth of shiba inu coin to a Covid-19 relief fund in India.
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Shiba inu coin also surged earlier this week, but lost some recent gains after Tesla CEO Elon Musk — who is a big fan of dogecoin — tweeted that he does not own any shiba inu coin. In a follow up tweet, he added that he has bought “Bitcoin, Ethereum & Doge. Supporters of the dog-themed cryptocurrency Shiba Inu (SHIB) have been clamoring for months to try and convince the popular mobile trading app xcritical to list the meme coin. In fact, a petition launched last summer to persuade xcritical to adopt the token xcritically has more than 555,000 signatures — more than halfway to its target of 1 million signatories. A number of cryptocurrency exchanges, including crypto behemoth Binance, listed SHIB shortly after its introduction, and the platform quickly extended to other platforms like ShibaSwap DEX, U.Today shares.
Ryoshi’s intention for Shiba Inu has been to see if a perpetual decentralized organization could work with no central leadership. In mid-2021, Ryoshi kept to his promise and stepped away, leaving the token entirely in the community’s hands. For this reason, Ryoshi can be “pure and unbiased,” getting satisfaction from Shiba “in other ways.”
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“We feel very, very good about the coins that we’re xcritically listing on our platform. And for any new coins that we add, we want to feel equally, if not more good,” he added. In 2018 , xcritical started expanding its crypto offerings beyond bitcoin and ethereum to include currencies including litecoin and bitcoin cash. A major reason for the surging price of SHIB was a continued effort by the SHIB community to build a utility for the Shiba Inu token and the subsequent emergence of an entire Shiba Inu ecosystem. One thing is for certain, though — xcritical knows about the Shiba Inu coin (SHIB) craze and the public demand for its listing. Here’s hoping this leads to a xcritical update revealing that SHIB is available on the leading trading platform.
Ryoshi also stated that Shiba Inu was an experiment in decentralized community building, and he thus declined all the influencer requests and pitches from different exchanges he received. His “job” is to defend the brand and give suggestions, although he does so very sparingly, as his last blog entry dates back to May 2021. The anonymous creator of the Shiba Inu coin is known as “Ryoshi.” However, very little is known of the mystery founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto. This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and xcritical courses scam Vitalik Buterin.