Postpopuler.com – Money crypto Shiba Inu, also known as the Shiba Token, was released in August 2020. Quietly, the price continues to increase and more popular. Even the value is successfully jumped to new records on Wednesday (27/10) yesterday.
But still mysterious who actually made it. With this, the value of the crypto managed to skyrocket over 60,000,000% over the last year. Lately there is indeed a decline, but still Shiba Inu to be a phenomenon in the world of cryptocurrencies.
As quoted detikINET from the News.com.au, Monday (1/11/2021) the creator of the currency with the epitome of a dog the same name as the Shiba Inu, is known by the name of anonymous Ryoshi meaning in Japanese is a fisherman. He didn’t want to reveal who he is.
He added that the identity of the Shiba Inu is egalitarian. “With Shiba, we from the beginning already stated very clearly that there is anyone who leads. No one is responsible and no one entity has the key to this kingdom,” he said.
Surprisingly, he claimed not to have any Shiba Inu. “I got a lot of messages like Ryo, you must already be a billionaire now. But in reality, to this day I don’t have one Shiba Inu,” claim.
He stated this was done in order to remain pure and not get sidetracked in his vision kala create a Shiba Inu. “Don’t worry, the Shiba Inu will probably give a gift for me in other ways,” he added.
Shiba Inu itself is referred to as a spin off of a Dogecoin. What’s the Shiba Inu Tokens have a logo that is almost the same with Dogecoin namely a dog Shiba. However don’t like Dogecoin, which started as a meme, dog logo in Shiba Inu Token look fierce.
Like Dogecoin, the Shiba Inu has made some investors become millionaires overnight. No wonder if the crypto’s managed to attract a number of supporters of celebrities, ranging from the former star of the boy band up to professional athletes.
In spite of all the enthusiasm that exists, most experts have warned that the Shiba Inu Token may be much more risky as an investment rather than a crypto currency other types.
Based on data from Coinbase, the average owner of the coins Shiba Inu just holding their coins within 6 days. The percentage increase in the value of the Shiba Inu jumped up 5.100.000% since August 1, 2020 but on average only keep this coin for less than a week is one of the warning to be careful and wise investing.
Actually, there is nothing wrong to put the investment on cryptocurrency. However, given the volatility that is very hard, can go up and down for hours or even minutes, there should be a calculation and research more about momentum investing. The point is, don’t just jumped on the bandwagon.