{"id":6523,"date":"2021-11-25T18:55:50","date_gmt":"2021-11-25T15:55:50","guid":{"rendered":"https:\/\/www.paribu.com\/blog\/?p=6523"},"modified":"2026-01-16T11:26:35","modified_gmt":"2026-01-16T08:26:35","slug":"shiba-inu-shib-explained-in-6-easy-steps","status":"publish","type":"post","link":"https:\/\/www.paribu.com\/blog\/en\/cryptocurrency\/shiba-inu-shib-explained-in-6-easy-steps\/","title":{"rendered":"Shiba INU (SHIB) Explained in 6 Easy Steps"},"content":{"rendered":"

Shiba INU is an <\/strong>Ethereum<\/strong>-based project. Shiba INU token is called SHIB.<\/strong><\/p>\n

1.When was it founded and by whom?<\/strong><\/p>\n

Shiba INU was created by an anonymous individual or group known under the pseudonym, ‘Ryoshi’. It was launched into the market in August 2020.<\/p>\n

2.SHIB’s infrastructure<\/strong><\/p>\n

Shiba INU is a cryptocurrency that operates on Ethereum network. It has its own decentralized exchange market called ShibaSwap.<\/p>\n

3.What does it offer to users?<\/strong><\/p>\n

Shiba INU is a project defined as an ‘experiment in decentralized spontaneous community building’. Having mentioned in their “Woof Paper” (a playful theme for its whitepaper) that it started from ground zero, SHIBA’s founders emphasize their attempt to create something out of nothing.  It has recently become a type of project to support artists creating dog-themed artworks in the NFT market and collect donations for animal rescue operations.<\/p>\n

4.Can Shiba INU be mined?<\/strong><\/p>\n

Shiba INU is a type of cryptocurrency that can be obtained by mining activities.<\/p>\n

5.All-time high (ATH) price and circulating supply<\/strong><\/p>\n

SHIB’s all-time high (ATH) price was $0.00004442 on October 24th<\/sup>, 2021 and total supply of the cryptocurrency is 394,796,000,000,000 SHIB.<\/p>\n

6.How to trade Shiba INU on Paribu?<\/strong><\/p>\n

By clicking on the link, you can trade SHIB.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shiba INU is an Ethereum-based project. Shiba INU token is called SHIB. 1.When was it founded and by whom? Shiba INU was created by an anonymous individual or group known under the pseudonym, ‘Ryoshi’. It was launched into the market in August 2020. 2.SHIB’s infrastructure Shiba INU is a cryptocurrency that operates on Ethereum network. It has its […]<\/p>\n","protected":false},"author":1,"featured_media":24597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[212],"tags":[],"class_list":["post-6523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/6523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/comments?post=6523"}],"version-history":[{"count":1,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/6523\/revisions"}],"predecessor-version":[{"id":22888,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/6523\/revisions\/22888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media\/24597"}],"wp:attachment":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media?parent=6523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/categories?post=6523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/tags?post=6523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}