coinmapai199
Contributor
SHIB refers to Shiba Inu, a cryptocurrency that was released in August 2020. It is an ERC-20 token based on the Ethereum network and has a similar sense of humor and community spirit to Dogecoin. SHIB’s founder, Ryoshi Visionary, was inspired by Dogecoin but wanted to create a cryptocurrency that was more decentralized, community-driven, and liquid.
The supply of Shiba Inu Coin is very large, with a total supply of 1 trillion coins, of which 50% is allocated to ShibaSwap’s liquidity providers, 30% is destroyed, and the remaining 20% is allocated to the development team and initial investors. Due to the large supply, SHIB’s price is relatively low, making it a popular trading pair on some exchanges.
The community of Shiba Inu Coin is very active and has a large number of fans and developers. Many people in the community actively participate in the ecological construction of Shiba Inu Coin, including developing new applications, creating community projects, and promoting the application of Shiba Inu Coin in various fields.
However, like all cryptocurrencies, the price of Shiba Inu Coin is subject to high fluctuations, and investors should carefully consider the risks and manage them well. In addition, although the community and ecology of Shiba Inu Coin are developing rapidly, uncertainty and risks in the cryptocurrency market still exist, and investors should make reasonable investment decisions based on their own risk tolerance and investment goals.
The supply of Shiba Inu Coin is very large, with a total supply of 1 trillion coins, of which 50% is allocated to ShibaSwap’s liquidity providers, 30% is destroyed, and the remaining 20% is allocated to the development team and initial investors. Due to the large supply, SHIB’s price is relatively low, making it a popular trading pair on some exchanges.
The community of Shiba Inu Coin is very active and has a large number of fans and developers. Many people in the community actively participate in the ecological construction of Shiba Inu Coin, including developing new applications, creating community projects, and promoting the application of Shiba Inu Coin in various fields.
However, like all cryptocurrencies, the price of Shiba Inu Coin is subject to high fluctuations, and investors should carefully consider the risks and manage them well. In addition, although the community and ecology of Shiba Inu Coin are developing rapidly, uncertainty and risks in the cryptocurrency market still exist, and investors should make reasonable investment decisions based on their own risk tolerance and investment goals.