Shiba Inu coin (SHIB) was created in August 2020 by an anonymous individual or group known by the pseudonym “Ryoshi”.
While Ryoshi launched the token, the Shiba Inu ecosystem’s development and success are largely attributed to its community and team of developers, including the pseudonymous lead developer Shytoshi Kusama . Ryoshi notably sent 50% of the initial SHIB supply to Vitalik Buterin, who then burned a large portion of it and donated the rest to charity. Ryoshi later deleted their social media and blog posts and disappeared from the crypto scene, [according to DailyCoin].
It’s important to remember that Shiba Inu is a decentralized, community-run cryptocurrency. While Ryoshi initiated the project, the ongoing development and growth are driven by the contributions of the Shiba Inu community and its developers.
Does Elon Musk own the Shiba Inu coin?
From my experience, As a result, the price of Shiba Inu increased following his tweets. However, he later revealed that he does not own Shiba Inu and has only invested in three cryptocurrencies. What does Elon Musk’s crypto portfolio look like? Here’s a look at the cryptocurrencies he holds.