WebStories – Shiba Inu Coin
Today, one Shiba Inu is worth $0.000027 USD with a total market cap value of $2,964,140,721 USD. It’s promising to note that the price has risen over 17.58% in the last 24 hours, suggesting that the Shiba Inu currency is gaining traction among investors and enthusiasts from all around the world.
It’s also nice to see how quickly OurSHIBCoin has jumped to rank #15 in terms of total market cap value. As an up-and-coming cryptocurrency looking for ways to gain even greater user adoption over time and become more widely available to members of its broader community
interested in purchasing SHIB tokens, we’re happy to report that OurSHIBCoin is possible thanks to its built-in smart contracts which make it easy for anyone with an Ethereum wallet address (no matter their technical expertise) to buy some SHIB coins online within just ten minutes.
What Is SHIBA INU Coin?
Once upon a time, there was a very special dog. This special dog was a Japanese Shiba Inu. Now, this Japanese Shiba Inu inspired millions of people around the world to invest in dog-themed cryptos of its likeness.
For instance, SHIBA Coin, affectionately named after the pup for whom it was made, was created anonymously in August 2017 and launched via an Initial Coin Offering (ICO) called “ShibeSneak”, listed on the Shibex exchange and held by Ryomsky’s ex-employer, Cryptobear Inc., the team behind DogeCash (DGC),
which managed to raise over $1 billion USD through clever internet marketing efforts and making their product extremely accessible to old-school investors while simultaneously appealing minimally to youngsters who generally have very little money to invest in cryptocurrency.
Investors fell for this meme coin and the headlines it came with about crypto assets that were sure to be the next groundbreaking use of blockchain technology. The beloved Shiba Inu dog meme (a Japanese dog breed) was paired with pictures of Elon Musk, Vitalik Buterin, and others sitting on cartoon rocket ships,
sending Twitter users into an absurd frenzy. Early investors in the same cryptocurrency have since grown to regret parting with their money as it has been 8 years now and this so-called currency or asset still does not even exist at all.
Shiba Inu is an interesting development in the ecosystem of Dogecoin-based tokens. This new cryptocurrency aims to be the Ethereum-based counterpart to Dogecoin’s Crypt-based mining algorithm.
Dogecoin, Shiba Inu, and their respective blockchains are part of a growing little dog crypto community (also including ‘Baby Doge’, ‘Dogecoin’ & JINDO INU) which were created by Shibas and Shibaphiles alike.
Shiba’s success sparked an avalanche of copycats, such as BitShiba, Shiba Fantom, Shibalana, King Shiba, SHIBAVAX, Captain Shibarrow, and even more other unique sounding names. In total there may be over 100 Shiba Inu copies and the number keeps rising constantly.
Exchanges have begun to take interest in Shiba Inu, a brand new cryptocurrency. Bitso, Mexico’s biggest crypto exchange, confirmed in September of 2018 that it will support the token on the exchange and enable trading!
Other exchanges that plan to do the same are Giottus (from India) and Bitstamp (in Europe). In fact, Korbit, South Korea’s most popular crypto exchange platform as of now, began accepting Shiba Inu for trading earlier this year.
This is definitely a positive achievement towards our goal of introducing Shiba Inu to the public by making it accessible throughout the world through various digital asset exchanges.
Founder of Shiba INU Coin
If a team got their start from scratch, started with zero, and their “brilliant brains” had never collaborated before – isn’t it likely that you’ve got some serious potential to start due to the fact that the two brilliant minds at the beginning of your venture were none other than yourself?
As such, the Shiba Inu Coin could be said to have come from nothing (hence ZERO) and very little time had passed between its inception and completion in production. One might say that this was a rather rapid development period!
The creators of Shib have also stated just how much they love Shibas on their official website. They say that there is nothing new under the sun.
In this case, it does not appear to be true. One of the most interesting things about Shiba Inu was how it came about as a brand new cryptocurrency (or “altcoin,” if you prefer) and any reason at all for its creation.
The truth is we may never know why it happened and it doesn’t really matter. All of this signifies and explains a few things that have caught the interest of many cryptocurrency experts around the world,
in addition to hundreds of thousands or possibly even millions who simply enjoy watching nature and pets go hand-in-hand online, wherever they may be in the world!
How to secure the Shiba INU Coin?
According to the website’s own “WoofPaper” written by Ryoshi with great humor, Shibacoin (SHIB) is an ERC-20 token based on the Ethereum network. This network promotes proof-of-work protocols in conjunction
with an ether inflation rate of 18 percent per year and plans to transition to a proof-of-stake system in 2019where miners will no longer receive rewards in the form of ether. Although, it is not truly decentralized since the hashing power is centralized.
According to Ryoshi, Shibarium would be built by a “very competent blockchain team” with experience building such solutions. One of the black geeks, Eric M., has announced on the Shiba Inu discord server that Shibarium would launch “soon,” although he did not provide a precise date.
How to buy the Shiba INU Coin?
You may have heard of Shiba Inu by now, it’s a cryptocurrency that was introduced in 2018 by Dev Team – and enjoyed high popularity throughout the year. It allows users to make purchases of products and services which are being rapidly adopted globally because they appreciate
The slow-release approach that Shiba Inu takes when launching coins. It is also traded on several prominent exchanges like Binance, Huobi, Gate.io, Uniswap (V2), and OKEx amongst other established markets for cryptocurrencies. The most common pairs available for purchase are SHIB/USD, SHIB/GBP, SHIB/AUD, and SHIB/EUR.
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