What Is Shiba Inu Cryptocurrency?
Shiba Inu was created in August 2020 by a pseudonymous developer named Ryoshi. Although Shiba Inu is branded because the QUOTE ‘Dogecoin Killer’, Ryoshi explained in his first Medium post that the project is actually an experiment in community governance and decentralization.
Shibaswap is that the cornerstone protocol of Shiba Inu’s upcoming ecosystem. Like another DEXes, Shibaswap’s launch will begin with a two-week liquidity event which can incentivize liquidity providers to maneuver their LP tokens from Uniswap and Sushiswap to Shibaswap
Shiba Inu BONE Cryptocurrency Tokenomics🦴
BONE is an ERC-20 token on Ethereum. it’s a part of Shiba Inu’s upcoming ecosystem. BONE isn’t yet in circulation – the BONE you’ll find on CoinMarketCap and CoinGecko is said to a special dog project. it’s a maximum supply of 250 million and is employed for governance. it’s earned by stakers and LPs
Shiba Inu LEASH Cryptocurrency Tokenomics⛓
LEASH is an ERC-20 token on Ethereum. it’s also a part of Shiba Inu’s upcoming ecosystem
LEASH is in circulation as of April and it had been initially designed to QUOTE ‘tame DOGE’ by rebasing to 1000x the worth of DOGE at 6:30 UTC a day . LEASH is not any longer a rebase token. it’s a maximum supply of ~107k
Shiba Inu SHIB Cryptocurrency Tokenomics🐶
SHIB is an ERC-20 token on Ethereum. it’s the flagship token of the Shiba Inu ecosystem. SHIB had an initial supply of 1 quadrillion. 50% of this supply was sent to Ethereum founder Vitalik Buterin’s cold wallet address by Shiba Inu’s founder. He burned 80% of his holdings and donated the remainder to Indian Covid-19 Relief Fund.
Shiba Inu SHIB Cryptocurrency Price Analysis📊
SHIB will never reach a cent, much less a dollar, and that’s because its supply is so massive. this is often something that the typical crypto investor doesn’t seem to know
Reaching a dollar would give SHIB a market cap of nearly 400 billion dollars, which might make it larger than Ethereum. I hate to burst your bubble, but that’s not getting to happen
Shiba Inu Cryptocurrency Roadmap📅
To my understanding, Shibaswap are going to be released once Certik completes their audit of the code which should happen any day now.
The Shiba Inu community hopes to make a layer 2 blockchain for Ethereum, a stablecoin pegged to 1 cent, a DeFi ecosystem, and host annual Shibacon conferences
Who Is Ryoshi?🕵️♂
Ryoshi’s spotted first time from his medium post finishes with a rare photo of Vitalik Buterin in Japan, presumably during Devcon in 2019. the person within the brown jacket is seemingly Ryoshi himself
Regardless of who Ryoshi is, it’s clear that he has close connections to some vital people in crypto, and this suggests that he’s not just a few anonymous developer who came out of nowhere