The place to swap SHIB
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For everyone who believes in SHIB and its future.
We offer the simplest and most convenient way to become part of the community and support the project.
How to buy SHIB
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What is Shiba Inu (SHIB)?
Shiba Inu (SHIB) is a cryptocurrency launched in August 2020 by a mysterious creator (or team) known as “Ryoshi.” The project’s whitepaper reveals that the creators had no prior collaboration and literally started “from zero with zero.” Built as an ERC-20 token on the Ethereum blockchain, SHIB benefits from Ethereum’s security and decentralization. This choice allows the project to evolve freely. Plus, the Ethereum network’s upcoming upgrades are set to enhance ShibaSwap, Shiba Inu’s decentralized exchange.
How Many SHIB Tokens Are There?
When Shiba Inu first launched, it had a whopping 1 quadrillion tokens in circulation. However, with the introduction of the SHIB Burn Portal, users can burn their tokens in exchange for rewards, which reduces the overall supply. This scarcity can potentially drive the price up if demand continues to rise.
Can Shiba Inu Coin Reach $1?
The idea of SHIB hitting $1 has sparked a lot of excitement, but it’s important to keep things in perspective. For SHIB to reach $1, its market cap would need to surpass the entire global economy, which is extremely unlikely. While it’s fun to dream, the math just doesn’t add up. That said, SHIB has already proven its potential with impressive growth and a committed following, and it could still see significant price increases in the future, especially with token burns making the supply scarcer.
SHIB Metaverse and Future Growth
Shiba Inu continues to push boundaries with its SHIB Metaverse project. Announced in 2022, this virtual world will feature over 100,000 plots of land, some available for public purchase. In the first phase, 36,431 plots will be unlocked, with prices based on their location. The ecosystem’s tokens—SHIB, LEASH, and BONE—will all play a role in this new virtual landscape. As Shiba Inu continues to evolve with features like the SHIB Burner and its ambitious metaverse project, it’s clear the team has big plans for the future.
Whether SHIB reaches $1 or not, it remains a fascinating project to watch as it continues to grow and adapt in the fast-paced world of cryptocurrency.