r/SHIBArmy

The story behind $SHIB

In August 2020, someone called Ryoshi launched Shiba Inu with $3,000 of liquidity on Uniswap. No presale, no VC money, no team tokens, only a dog memecoin as an alternative to DOGE.

Then Ryoshi did something nobody expected, sent 50% of all SHIB to Vitalik Buterin without asking, and it turned into one of crypto's most iconic moments. Important to say that Vitalik burned most of the tokens and donated the rest to India's COVID relief fund.

The name Ryoshi means "fisherman" in Japanese. Nobody knows if it's one person or a group. In May 2022, everything connected with Ryoshi was deleted - all blog posts, all tweets, and the creator disappeared. The last message was: "I am not important, and one day I will be gone without notice. Take the SHIB and journey upwards frens"

The project kept building after the founder vanished with ShibaSwap, Shibarium, metaverse, NFTs appearance. The project that was built by someone who called themselves nobody.

u/ChangeHeroOfficial — 1 day ago
▲ 50 r/SHIBArmy+1 crossposts

SHIB Is Heading to Zero: Analysts, Whales, and the Retail Investor Trap

Shiba Inu's three-day decline slowed at the $0.0000057 support level. This is the final line of defence: breaking below this level could lead to Shiba Inu hitting new all-time lows. Below this level on the chart, there are no significant price levels that could halt the sell-off of the meme coin.

The overall fundamental backdrop is negative for the cryptocurrency market. The new Fed chair will be unable to cut rates due to surging inflation; Trump plans to resume strikes against Iran; and the vote on the Clarity Act is only three days away.

SHIB is currently ranked 29th on CoinMarketCap. The sell-off will accelerate as soon as the meme coin drops out of the top 30.

Motley Fool freelance stock market analyst Manali Pradhan predicts that SHIB’s price will drop to zero by the end of 2026. She emphasises that, with a 93% drop in market capitalisation, the token’s supply is enormous at 589.5 trillion coins. Furthermore, 60% of the market cap is controlled by whales across 10 wallets.

The sale of even a portion of these holdings could trigger a sharp decline that retail investors would be unable to offset. Furthermore, the developers have failed to establish the Shiba Inu ecosystem. They have attempted to develop the technology, yet the token continues to be associated with a Dogecoin clone by institutional investors.

u/tornavec — 4 days ago

Better than nothing i guess

As of early 2026, no country has adopted Shiba Inu (SHIB) as legal tender or an official national currency. However, the UAE government has partnered with the Shiba Inu project to integrate ShibOS, a blockchain operating system, into government operations. Additionally, Japan has added SHIB to its "Green List" of approved, regulated assets.Key adoption details as of 2026:Government Partnerships: The UAE is integrating Shiba Inu's Web3 technology (ShibOS) for government services and digital identity.Regulatory Approval: Japan’s Financial Services Agency (FSA) has listed SHIB on its Green List, allowing it to be traded on platforms like BitTrade and SBI VC Trade.Payments & Ownership: SHIB is accepted as payment for goods and services in several countries, including the US, China, and Australia.Government Holdings: The US government has held over 54 billion SHIB tokens (valued around $720,000 USD in mid-2024), according to reports from Arkham Intelligence.While some reports speculate about further integration in emerging markets, SHIB remains primarily a digital asset for speculation and private transactions rather than a national currency

reddit.com
u/MortgageNo7433 — 7 days ago
▲ 45 r/SHIBArmy+1 crossposts

I built a dedicated calculator for r/Shibainucoin

shiba inu isn't just a meme coin its a lottery ticket waiting to be bought

link

u/Plenty_Cockroach8945 — 7 days ago

Genuine question.

I get that everyone is hating on Shiba it’s pretty much a failed project

But endlessly ranting and hating on it won’t bring

  1. Your money back
  2. The price back up

So… I propose leave the sub and put that precious time into something else maybe?

reddit.com
u/Commercial_Pen6514 — 11 days ago

Bone question since it's sub is dead

Had 10k in Bone that I used to see in the Base app. It's been awhile but pretty sure it wasn't in CB Pro app. I cannot seem to locate any transaction or balance or it let alone record in any of the apps. Any ideas on what happened?

reddit.com
u/Mapkos13 — 11 days ago
▲ 19 r/SHIBArmy+4 crossposts

Hi all! I have just released my new Video on YouTube for the 4th sign to be understood.

Part 4/12: The Aries Archetype ♈️
A deeper look into the mindset, strengths, flaws and inner fire of the Aries archetype through the lens of stoicism.

Watch here: https://youtu.be/tCopf6ruaZY
Would love to hear your thoughts and interpretations in the comments as well.
If this message resonates with you, do subscribe to StoicMenChannel and share it with others who may connect with it too. 🙏

Thank you!

TheRealLordRam/StoicMenLegion/ShibaBeliever

u/TherealLordRam — 14 days ago