Shiba Inu is a cryptocurrency that also started from an internet meme, this time featuring the popular Shiba Inu dog breed. Created in 2020, Shiba Inu aims to be the "DogeCoin killer" with its own unique features while leveraging the same fun concept.
Shiba Inu seeks to be decentralized and offers users the opportunity to participate in its governance and development.
One of Shiba Inu’s main features is its massive community that actively supports the project. Shiba Inu has low transaction fees and a large supply of tokens, allowing users to hold substantial amounts of the coin. Shiba Inu also provides various functionalities, such as the decentralized exchange ShibaSwap, where users can trade and stake their tokens.
However, like other meme cryptocurrencies, Shiba Inu has its drawbacks. Price volatility and speculation can lead to significant fluctuations in value. Additionally, despite its popularity, the project is still relatively young and lacks the technological foundation of more mature cryptocurrencies.
Token Total Supply:
~589,520,000,000,000