#ShibaInu

Shiba Inu (SHIB) is a cryptocurrency that emerged in August 2020.

Here is an A to Z overview of Shiba Inu (SHIB): Last part

N - NFTs

Shiba Inu has ventured into non-fungible tokens (NFTs) with "Shiboshis," a collection of 10,000 unique NFTs.

O - Open-source

Shiba Inu, like many crypto currencies, is based on open-source technology, promoting transparency and community involvement.

P - Purpose

Originally launched as an experiment in decentralized community building, Shiba Inu aims to create a fully decentralized ecosystem.

Q - Quadrillion

The initial total supply of SHIB was 1 quadrillion tokens, a figure highlighting the token's high supply and low price per unit.

R - Roadmap

The Shiba Inu team has outlined a roadmap for future developments, including ShibaSwap enhancements, more utility for LEASH and BONE and further community-driven projects.

S - Shibarium

Shibarium is an upcoming Layer 2 solution for the Shiba Inu ecosystem, aimed at reducing transaction fees and improving scalability.

T - Tokenomics

Shiba Inu's tokenomics involve a deflationary model where tokens are burned periodically, reducing supply.

U - Utility

SHIB's utility includes being used for transactions within the ShibaSwap DEX, staking, and liquidity provision.

V - Vitalik Buterin

Ethereum co-founder Vitalik Buterin was gifted half of SHIB's supply, which he largely burned or donated, a significant event in SHIB's history.

W - Wallets

SHIB can be stored in any Ethereum-compatible wallet, including popular options like MetaMask and Trust Wallet.

X - Exchange Listings

Shiba Inu is listed on numerous exchanges, including Binance, Coinbase, and Kraken, contributing to its liquidity and accessibility.

Y - Yield Farming

Users can participate in yield farming on ShibaSwap, earning rewards for providing liquidity.

Z - Zero

The price of SHIB started at nearly zero, reflecting its high supply and low unit price, making it attractive to many small investors.

Shiba Inu has evolved from a meme coin to a more complex ecosystem with various components and active community engagement.