Everett Angelo bTcsrx's Profile

Shiba Inu (SHIB) is a digital currency built on the Ethereum network (ERC-20 token) launched in August 2020 by an unknown person known as Ryoshi. SHIB is often referred to as the "Dogecoin Killer" because it drew inspiration from Dogecoin (DOGE), but it aims to offer more advanced capabilities than just a meme coin.

Key information about SHIB:

Technology: It is based on the Ethereum blockchain, which means it benefits from smart contracts and the infrastructure of Ethereum.

Total supply: It started with a massive supply of 1 quadrillion (1,000,000,000,000,000) coins, but a large portion of it has been burned — half of the supply was sent to Vitalik Buterin (the founder of Ethereum), who later burned a significant amount and donated another part.

ShibaSwap: The project's decentralized finance platform that offers services such as swapping, providing liquidity, and staking.

Other tokens in the ecosystem:

LEASH and BONE are tokens associated with the Shiba Inu network and are used within ShibaSwap for governance and rewards.

Strong community: SHIB relies on the support of a large and active community known as the "ShibArmy."

Key points:

Feature Details

Coin Name Shiba Inu (SHIB)
Coin Type ERC-20 Token
Launch August 2020
Total Supply Started with 1 quadrillion SHIB (a large portion has been burned)
Platform Ethereum
Use Trading, ShibaSwap, community governance, NFT
Associated Token BONE, LEASH