Shiba Inu SHIB

 

 

Shiba Inu SHIB

• It was created by 'Ryoshi', who claims to be a Japanese developer, aiming for a 100% community-driven digital asset project. SHIB is a digital asset that will no longer be issued after 1,000 trillion were initially issued, and through a series of distribution processes, it is currently distributing decentralized tokens.

 

UPbit

 

First issue	2020.07.	Total issue limit	Unprovided
market capitalization		Current Distribution
As of March 15, 2024 (Courtesy of Coin Market Cap)	￦ 23.6 Trillion	As of March 15, 2024 (Courtesy of Coin Market Cap)	589,289,410,812,691
As of March 15, 2024 (Courtesy of CoinGecko)	￦ 23.6 Trillion	As of March 15, 2024 (Courtesy of CoinGecko)	589,265,566,275,967

 

 

Characteristics

1. SHIB is issued on the Ethereum network to ensure the scalability of the Ethereum network and is characterized by being able to run Smart Direct.
2. SHIB does not have teams or other contributors, nor does the volume distributed to them. In addition, the decentralized token distribution through a series of token distribution processes can be seen through Eduscan.

 

Vision

• SHIB has achieved decentralization in token distribution and has been rapidly identifying the ecosystem through the great community. Considering that SHIB's birth ideology was a 100% community-led digital asset project, it can be said that the ideology at the time of its release has been faithfully observed. The use of SHIB tokens is steadily increasing by the community, and securing such use is expected to serve as a growth engine for SHIB tokens.