Shiba Inu (code: SHIB), also known as Shiba Token, is a decentralized cryptocurrency created in August 2020 by an anonymous person known as Ryoshi. Shiba Inu is an ERC-20 token on the Ethereum blockchain, it was Originally Created ad Meme Token based on Dogecoin; it brands itself "the Dogecoin Killer.
The SHIB token does not
have any smart contract utility, nor is it backed by any asset or rights; it is
simply a transferable token.
Currently it is
listed at 28th Place on CoinMarket at with a MarketCap of 2.8B$.
and the Current Circulating Supply of Around 394 Trillion Coins.
Shiba Inu Shocked
the Market When Ethereum’s co-founder Vitalik Buterin Donated 50 Trillion Shib
Tokens to India Covid relief Fund on May 12th 2021, which were then
to Be worth 1B$ Making it the Highest Donation By an Individual in Crypto.
Apparently, the tokens were given to Buterin on the premise that he would not sell them. Anonymous developers of Shiba Token have sent 50% of the SHIB token supply to Vitalik Buterin’s wallet over the past year. The coin’s website states that 50% of the total supply “was burned to Vitalik Buterin,” meaning the tokens have been permanently removed from circulation.
You Can Buy the Shiba Inu Coin Here and get an Additional Discount.
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