What is Shiba Inu?
Shiba Inu is a decentralized cryptocurrency created in August 2020 by an anonymous person or group using the pseudonym 'Ryoshi'. It is inspired by the Shiba Inu, a Japanese dog breed, which also serves as the mascot for Dogecoin, another cryptocurrency with meme origins. Shiba Inu is a memecoin featuring the Shiba Inu dog as its mascot.
Shiba Inu goals
The Shiba Inu ecosystem aims to provide a vibrant ecosystem that resonates with its community. The project has evolved beyond its initial 'meme coin' status and now has various use cases within its ecosystem, including using SHIB for payments on accepting platforms, a decentralized exchange, NFT collections, a metaverse, and games. The project's guiding tenets are spelled out in a 'woof paper' available at the ShibaToken.com website.
Shiba Inu fondamentals
The total supply of Shiba Inu tokens is 589508429151991 SHIB. The token distribution plan is not specified, but the project has a dedicated community that is continuously developing and improving the ecosystem.
Marketcap
$12.71B
Total number of Shiba Inu
589508429151991 SHIB
Shiba Inu technology
Shiba Inu is built on the Ethereum blockchain and has a new Layer 2 blockchain that increases transaction speeds and scalability. The project's technology allows for the creation of NFTs and the development of a metaverse and games. The Shiba Inu ecosystem also includes a decentralized exchange, ShibaSwap, which enables users to trade SHIB and other tokens.
Shiba Inu competitors
Shiba Inu differentiates itself from competitors through its strong community, known as the ShibArmy, and its online influencers that help pump the price. The project's ecosystem, which includes a decentralized exchange, NFT collections, a metaverse, and games, also sets it apart from competitors. Shiba Inu is often compared to Dogecoin, another meme coin, but it has carved out its own niche in the market.
Shiba Inu price history
Frequently asked questions
Shiba Inu's ticker symbol is SHIB.
Shiba Inu was created in August 2020.
Shiba Inu was created by an anonymous person or group using the pseudonym 'Ryoshi'.
The ShibArmy is the strong community of Shiba Inu supporters that helps promote the project and pump the price.
ShibaSwap is a decentralized exchange that enables users to trade SHIB and other tokens.
Shiba Inu and Dogecoin are both meme coins that feature a Japanese dog breed as their mascot. They are often compared to each other, but Shiba Inu has carved out its own niche in the market.
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