Shiba Inu
Shiba Inu BasicReport a Data Error
Shiba Inu Info
Shiba Inu Team
Individuals
OrganizationsShiba Inu Intro
Shiba Inu (SHIB) is often considered a meme coin that operates on the Ethereum blockchain. It was created in August 2020 by an anonymous person or group known as "Ryoshi." SHIB is named after the Shiba Inu dog breed from Japan, which is also the mascot of the popular cryptocurrency, Dogecoin.
SHIB is part of a larger ecosystem known as ShibaSwap, which includes other tokens like LEASH and BONE. ShibaSwap is a decentralized exchange (DEX) where users can stake, farm, buy, and sell SHIB and other tokens.
In August 2023, Shiba Inu made a significant move by launching its Layer-2 network, Shibarium, built on Ethereum. Shibarium is designed to enhance scalability, reduce transaction fees, and facilitate decentralized applications (dApps), focusing on DeFi and gaming. SHIB tokens are used as gas fees on Shibarium, further integrating the ecosystem. Despite some initial technical issues, such as Shibarium halting block production twice within 24 hours of launch, the network resumed operations on August 24, 2023. Since then, Shibarium has processed over 7 million blocks and 420 million transactions as of September 2024, demonstrating steady growth and user adoption.
The ecosystem continues to expand with the development of the SHI stablecoin, which is expected to provide stability and liquidity for the Shiba ecosystem. SHI’s role in Shibarium and DeFi is crucial for long-term success, aiming to bring in more users and liquidity
Above are only for introduction, not intended as investment advice.
Shiba Inu Unlock & AllocationReport a Data Error
Q&A about Shiba Inu Tokenomics
Explore the tokenomics of Shiba Inu (SHIB) and review the project details below.
What is the allocation for Shiba Inu (SHIB)?
The initial distribution of Shiba Inu (SHIB) tokens is as follows:
- 50% was allocated to Uniswap Liquidity
- 50% was allocated to Vitalik Buterin
What is the supply schedule for Shiba Inu (SHIB)?
The SHIBA INU website states that they locked 50% of the total token supply on Uniswap, and claimed they "threw away the keys!" The other 50% was "burned" to Vitalik Buterin. In response, Vitalik Buterin sent 50 trillion SHIB tokens, valued at $1 billion at the time, to India's Covid Crypto Relief Fund. Vitalik Buterin then permanently removed 40% of the total supply to a dormant wallet. To view real-time updates on token information, you can visit https://etherscan.io/token/0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce
Shiba Inu Token Allocation
People also watchReport a Data Error
Shiba Inu Price Live DataReport a Data Error
Shiba Inu (SHIB) is often considered a meme coin that operates on the Ethereum blockchain. It was created in August 2020 by an anonymous person or group known as "Ryoshi." SHIB is named after the Shiba Inu dog breed from Japan, which is also the mascot of the popular cryptocurrency, Dogecoin.
SHIB is part of a larger ecosystem known as ShibaSwap, which includes other tokens like LEASH and BONE. ShibaSwap is a decentralized exchange (DEX) where users can stake, farm, buy, and sell SHIB and other tokens.
In August 2023, Shiba Inu made a significant move by launching its Layer-2 network, Shibarium, built on Ethereum. Shibarium is designed to enhance scalability, reduce transaction fees, and facilitate decentralized applications (dApps), focusing on DeFi and gaming. SHIB tokens are used as gas fees on Shibarium, further integrating the ecosystem. Despite some initial technical issues, such as Shibarium halting block production twice within 24 hours of launch, the network resumed operations on August 24, 2023. Since then, Shibarium has processed over 7 million blocks and 420 million transactions as of September 2024, demonstrating steady growth and user adoption.
The ecosystem continues to expand with the development of the SHI stablecoin, which is expected to provide stability and liquidity for the Shiba ecosystem. SHI’s role in Shibarium and DeFi is crucial for long-term success, aiming to bring in more users and liquidity
Above are only for introduction, not intended as investment advice.