What is Shiba Inu
¿What is Shiba Inu?
It is a decentralized token, launched in August 2020.
Developed by a group well known as Ryoshi.
Characterized as a rather controversial meme token.
¿What does it offer?
It offers to build a new comprehensive mechanism on the Ethereum blockchain, as well as to build a user society with similarities to the one acquired by DOGECOIN.
Similarly, Shiba is the first unit of a large mechanism for pooling other tokens, simultaneously a decentralized exchange, and ERC-1155 tokens.
¿How does Shiba Inu work?
It offers to build a new integral mechanism on the Ethereum blockchain, as well as to build a society of users with similarities as the one acquired by DOGECOIN.
Similarly, Shiba is the first unit of a large mechanism for pooling other tokens, simultaneously a decentralized exchange, and ERC-1155 tokens.
¿How does Shiba Inu work?
Shiba Inu Sea has been built based on a rather curious and widely used operation in these times, likewise it is an ERC-20 token purpose built on Ethereum, giving great opportunities such as access to the current DeFi boom, to what its programmers have known. use correctly.
Some of the other functions designed for the operation of the shiba token are:
Shibaswap:
The shibaswap a decentralized exchange constituted to carry out exchanges, loans, liquidity mining, yield farming and NTF marketplace, in favor of this shibaswap managed to obtain a TVL of a value greater than 400 million dollars, due to the above it is positioned within the projects largest DéFi from the Ethereum network.
This exchange has its own token (LEASH), has a limited issue of 10,000 tokens, and contributes to increasing your profits on the platform.
With the help of the company Amazon Smile and Shiba Rescue, they support the collection of resources to save the lives of their canine friends in shelters and in situations of abandonment.
¿How are Shiba Inu regulated?
Shiba Inu, being a totally decentralized network, do not have any financial entity that regulates it.
¿Why do people use Shiba Inu?
Users use Shiba inu for its great fame in the market as it is a quite controversial meme.
¿How is Shiba inu different from other tokens?
Shiba Inu is supported by the Ethereum network, it has NFTS, characteristic liquidity mining that few tokens or meme coins have.
Finally, its price is much cheaper than other coins.
¿Where can I buy it?
One of the ways where you can buy SHIB is through Binance, since it has a great variety negotiable in trade, you can exchange a cryptocurrency, fiduciary cryptocurrencies or simply use a debit or credit card to buy the stablecoin, they are also allowed bank deposits.
https://www.binance.com/
¿Where to find more information?
For more information such as movements, prices, explorers, contracts and more you can visit the following link: https://coinmarketcap.com/
¿Did you know that you can buy and sell USDT and BUSD online thanks to Gastcoin Gateway?
