Lets unveil Shiba Inu -Legit or not
Coin Name: $SHIB
Type: Meme Coin
Consensus Mechanism: Ethereum-based ERC-20 (PoS post-Merge).
What It Offers:
➡️Decentralized ecosystem (DEX, NFTs, metaverse, Shibarium L2).
➡️Community-driven token burns to reduce supply .
What It Solves: 👌🏼
Meme coin utility expansion into DeFi/gaming.
High Ethereum fees via Shibarium (2,000+ TPS) .
TPS:~129 (Ethereum base)
Community Strength:Very Strong (1.09M+ long-term holders, active social media) . 🔥
Reminder: SHIB’s 589T circulating supply limits price upside—monitor burn rates and adoption .