SHIBA INU (SHIB)

The Shiba Inu (SHIB) ecosystem is completely under the control of the Shiba Inu community. As a matter of fact, Shiba Inu asks, “What happens if a cryptocurrency project is 100 percent run by the community?” It was created in response to the question. The Shiba Inu community is called SHIBArmy, and SHIBArmy has approximately 500 thousand members. SHIBArmy members have adopted the following principles: The project started from scratch and with zero in hand, in the spirit of creating something from nothing. The project does not rely on an existing community or team. SHIBArmy members love the Shiba dog. The Shiba Inu ecosystem consists of SHIB token, LEASH token and BONE token. ShibSwap decentralized finance (DeFi) platform, Shiba Inu Incubator and Shiboshi NFTs are also part of the Shiba Inu ecosystem. SHIB token project SHIB token is a cryptocurrency created in the ERC-20 standard on the Ethereum (ETH) blockchain. SHIB token, the cryptocurrency of the Shiba Inu ecosystem and powered by SHIBArmy, started as a joke token. So it wasn't a utility or governance token in the first place. However, over time, as the Shiba Inu ecosystem developed, various functions of the SHIB token emerged. For example; SHIB token supports the ShibaSwap platform. Likewise, it is the SHIB token that powers the Shiba Inu Incubator, which was established to support Shiboshi NFTs and artists. Apart from SHIB token, there are also Leash (LEASH) and Bone (BONE) tokens in the Shiba Inu ecosystem. The supply of LEASH token is 107 thousand 646 units and is much more limited than SHIB token. BONE token is the governance token of the Shiba Inu ecosystem. SHIB token is also used to buy BONE and LEASH tokens via ShibaSwap. Who are the founders of the Shiba Inu (SHIB) project? Shiba Inu (SHIB) was founded in August 2020 by a person or people using the pseudonym Ryoshi. Ryoshi emerged as an alternative to Dogecoin (DOGE) and similar joke coins, created in December 2013. The Shiba Inu (SHIB) project is also supported by Tesla founder Elon Musk, who previously supported Dogecoin. SHIB token statistics SHIB token was launched in August 2020. The total supply of SHIB token is 589,735,030,408,323. This is a huge number. Ryoshi sent 50 percent of the offered SHIB tokens to the wallet address of Ethereum founder Vitalik Buterin, and used 50 percent on the Uniswap (UNI) decentralized exchange to provide liquidity.