Additionally, 911 unique individuals are talking about SHIBA INU and it is ranked #8 in most mentions and activity from collected posts. This is a 2.78% decrease compared to yesterday's volume. SHIBA INU was mentioned in 37,733 out of 1,475,986 social media posts on Twitter and Reddit on Mar 15, 2023. Some highlights about SHIBA INU on social media In the future, the Shiba community plans to release an NFT platform and DAO-based governance system for the Shiba ecosystem (called “DoggyDAO”). SHIB, unlike DOGE, is compatible with the Ethereum ecosystem - which has allowed the community to create crypto apps like ShibaSwap, a DEX that allows users to trade and stake tokens without an intermediary. And because SHIB is issued as an Ethereum token, it’s compatible with the vast Ethereum ecosystem.Īdvantages include compatibility with Ethereum wallets like Coinbase Wallet, availability on decentralized exchanges (or DEXs) like UniSwap, the potential for SHIB to be incorporated into ETH-based DeFi applications like lending and savings products and NFT marketplaces. You can buy, send, and receive SHIB from a few different crypto exchanges. The project began with a total supply of one quadrillion tokens - a truly vast number. Who created Shiba Inu?Īn anonymous developer named Ryoshi launched SHIB in August 2020. The Shiba Inu ecosystem also supports projects such as an NFT art incubator and a decentralized exchange called Shibaswap. Like DOGE, SHIB is intentionally abundant - with an initial circulating supply of one quadrillion coins. SHIB is a token designed to be an Ethereum-compatible alternative to Dogecoin (DOGE). Shiba Inu (SHIB) was developed to answer a simple question: What would happen if a cryptocurrency project was 100 percent run by its community?
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