Bitcoin, Ethereum, and Dogecoin are common names in the crypto world. But have you heard about Shiba Inu Coin?
Well, this fairly new crypto coin, created in August 2020, emerged following the popularity of Tesla (TSLA) – Get Report CEO Elon Musk’s favorite Dogecoin. Shiba Inu Coin got its name after the dog breed which represents Dogecoin.
Related: What Is Dogecoin?
Ryoshi created this cryptocurrency as a decentralized meme token on the Ethereum blockchain. Wondering who this person Ryoshi is? Like Bitcoin creator Satoshi Nakamoto, Ryoshi’s identity is still unknown.
However, on May 29, Ryoshi wrote a blog post titled “I am Ryoshi,” without revealing his identity.
“I have said from the beginning, I am a nobody, I am not important. The efforts to unmask my “identity” even if successful would be underwhelming. I am just some guy of no consequence tapping at a keyboard and I am replaceable. I am Ryoshi,” writes Ryoshi.
“When you come to the appointed place at the appointed time and meet some person, introduce yourself as Ryoshi. If they do the same, then you have met a special person,” he adds.
Want to know if it’s good to invest in Shiba Inu Coin, check out the special coverage on TheStreet’s Crypto channel.