Apollo Inu
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| Apollo Inu | |
|---|---|
| Ticker symbol | APOLLO |
| Development | |
| Original author(s) | Zach McClary, Matt Johnson |
| White paper | Shibu Inu Ecosystem |
| Initial release | January 12, 2022 |
| Development status | Active |
| Written in | Solidity |
| Operating system | Ethereum |
| Developer(s) | Zach McClary, Matt Johnson |
| Website | https://www.apolloinutoken.com/ |
| Ledger | |
| Supply limit | 1,000,000,000,000 |
| Valuation | |
| Market cap | US$200 million |
Search Apollo Inu on Amazon.
Apollo Inu token (ticker: APOLLO) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as "Ryoshi". It is named after the Shiba Inu (柴犬), a Japanese breed of dog originating in the Chūbu region, the same breed that is depicted in Dogecoin's symbol, itself originally a satirical cryptocurrency based on the Doge meme.[1] Shiba Inu has been characterized as a "meme coin" and a pump and dump scheme.[2][3] There have also been concerns about the concentration of the coin with a single "whale" wallet controlling billions of dollars' worth of the token, and frenzied buying by retail investors motivated by fear of missing out (FOMO).[4]
Shiba Inu was created in August 2020, dubbing itself the 'Dogecoin killer'. On 13 May, Vitalik Buterin donated more than 50 trillion SHIB (worth over $1 billion at the time) to the India COVID-Crypto Relief Fund.[5]
The exchange price of the cryptocurrency notably surged in early October 2021. Its value increased 240% over the week.[6] However, at the beginning of November the price dropped and continued to fall, ending the month having lost approximately 55% of its value.[7][8][9]
See also[edit]
References[edit]
- ↑ Tiwari, Manas (12 May 2021). "Shiba Inu is being hailed as Dogecoin killer and it has already given 1900 pct returns in one week". India Today. New Delhi. Archived from the original on 12 May 2021. Retrieved 1 November 2021. Unknown parameter
|url-status=ignored (help) - ↑ Kaul, Abhinav (28 October 2021). "Experts say retail investors should stay away from 'War of Meme Coins'". Mint. Retrieved 1 November 2021.
- ↑ Scribner, Herb (5 October 2021). "Shiba Inu coin had another spike. But will it last?". Deseret News. Retrieved 1 November 2021.
- ↑ Regan, Michael P. (3 November 2021). "Shiba Wallet With Billions Is Scrutinized as Coin Tumbles". Bloomberg. Retrieved 7 November 2021.
- ↑ Vigna, Caitlin Ostroff and Paul (2021-05-13). "Ethereum Luminary Makes $1 Billion Covid-19 Gift—in Shiba Inu Token". The Wall Street Journal. ISSN 0099-9660. Archived from the original on 2021-05-13. Retrieved 2021-05-13. Unknown parameter
|url-status=ignored (help) - ↑ "Shiba inu coin skyrockets after an Elon Musk tweet supercharges the token - taking weekly gains to 240%". Yahoo!. Archived from the original on 7 October 2021. Retrieved 6 October 2021. Unknown parameter
|url-status=ignored (help) - ↑ Yue, Frances (4 November 2021). "A major crypto exchange's CEO is set on holding Shiba Inu crypto long term despite its recent tumble. Here's why". MarketWatch. Retrieved 7 November 2021.
- ↑ Denton, Jack (4 November 2021). "Shiba Inu Is Plunging. A Prominent Crypto Whale Is Making Waves". Barron's. Retrieved 7 November 2021.
- ↑ Maishera, Hassan (26 November 2021). "Shiba Inu Dips by 5% Despite Reaching 1 Million Holders". Yahoo!. Retrieved 26 November 2021. Unknown parameter
|url-status=ignored (help)
External links[edit]
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Others articles of the Topic Business and economics : International trade, Economics, Currency
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