By reading the article “SHIBA INU Analysis” published in Adaas Capital, you will get acquainted with Shib Token and its ecosystem in general. This level of familiarity can be enough for you to invest in the cryptocurrency market. Stay tuned to Adaas Investment Magazine for “SHIBA Fundamental Analysis”.
The introduction of Shib token in the official site of this project is as follows:
A meme coin (like Dogecoin – projects that do not have special technology and were created as entertainment and jokes) that has become a great ecosystem!
So in general, Shiba cryptocurrency is not inherently valuable like Ethereum or Bitcoin, but given the current situation of traders, it is welcomed as Dogecoin!
Shiba Inu cryptocurrency has introduced its token under the acronym $SHIB into the market. According to its development team, Shiba cryptocurrency is the main competitor of DOGEcoin and allows its users to easily buy billions of Shib tokens. Shiba Inu also claims to replace the DOGEcoin in the short term! They first put their tokens up for sale at their decentralized exchange called ShibaSwap.
SHIBA Inu cryptocurrency development team claims to have locked 50% of the total supply in a decentralized UNIswap exchange at the beginning of the route.
The remaining 50% of the supply is burned by Vitalik Buterin, the founder of the ethereum project, and Shiba has become the first project whose entire supply is on the market and available to everyone.
The LEASH token was developed as a reward for SHIBA liquidity pool providers. The total supply of this token is 100,000.
According to the SHIBA development team, the BONE token is the second largest competitor to the DOGEcoin. This token operates in the field of DeFI and more information can be found in ShibaSwap!
Currently, the decentralized exchange of SHIBA project is in the testing phase, and if completed and the news following this exchange, we assure you that this article will be updated and this update will be published on Adaas Capital’s social media!
The following exchanges currently offer SHIB tokens:
And other unfamiliar exchanges for investors and traders in the cryptocurrency market! But according to the available information, the safest way to buy SHIB token is Uniswap exchange!
You can also use the following links to buy SHIB and LEASH tokens!
By now, you must have noticed how different a project like ethereum is from a joke project like DOGEcoin or SHIBA. But technological and technical differences do not matter to many traders and non-experts, and they invest their capital in this market.
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