💸 TOKEN ERC -20... SHIB..
🐕Shiba Inu (SHIB) is an ERC-20 token created in August 2020 by an anonymous founder named 'Ryoshi' as a "Dogecoin killer". It operates on the Ethereum blockchain, providing security and functionality. Although it trades for fractions of a cent, its total circulating value is significant. Initially, there was a quadrillion SHIB coins, but Vitalik Buterin burned approximately 40% of them. SHIB can be used for payments, although its adoption is limited compared to other cryptocurrencies.🐕
🐕The Shiba Inu ecosystem includes a decentralized exchange (DEX) called ShibaSwap, launched in July 2021, which allows users to swap ERC-20 tokens directly from their wallets. The ecosystem also features two other tokens: LEASH (with a limited supply) and BONE (a governance token). SHIB holders can stake their tokens to earn BONE. ShibaSwap also offers NFTs called Shiboshis, and a Shiboshi game is in development.🐕
🐕Currently, Shiba Inu ranks among the top tokens by market capitalization. Its value is subject to the characteristic volatility of "meme coins". The large base of SHIB holders is a notable feature of the project.🐕
🐕As an ERC-20 token, SHIB benefits from the infrastructure and security of the Ethereum network, allowing its integration into various applications and DeFi platforms that support this standard. Its utility extends across the different layers of its evolving ecosystem.🐕
$ETH
