Community Trust ScoreVerified
Shiba Inu has done things differently. Beginning with the supply of 1 quadrillion, where Ryoshi, locked 50% in Uniswap and then “burned” the other half to Ethereum co-founder Vitalik Buterin for safekeeping.
SHIBA INU in the very beginning became famous for 3 things like Liquidity Locked to Uniswap, India’s CoVid Relief Fund, Vitalik Buterin Burn.
SHIBA INU has gained international recognition and claims to have some legitimate utility. SHIB is the native token and investors hold millions, billions or even trillions of it in their wallets.
$LEASH is the rebase token. And $BONE is the Governance token. BONE as a governance token permits the SHIBA army to vote on the DOGGY DAO.
DOGGY Dao is expected to be very powerful, because it will be the governance system of the SHIBA INU token. Being DAO, it is a decentralized autonomous organization and it sets its own rules to create a true, decentralized economy.
And, what it does is, once you have your own DAO, it is unrelated, it does not matter, what the rest of the industry is doing. Especially Bitcoin. You see right now, Bitcoin is manipulating. Whatever, Bitcoin does everybody else follows, but having your own decentralized autonomous organization, because usually stable coins do have them. Stable coins have their own DAOs and that is as the name says they remain stable regardless of the market condition. They are always manipulated to remain stable.
There is a lot of expectation about $1 for SHIB from the community. To understand the reality of the price users should understand the Basic economics.
Basic Economics is important to understand how a particular token economy works. Common sense and an understanding of the basic economics will help an investor understand the price potential of a cryptocurrency.
Community response: Shiba is so much more than Doge and I think when it’s all said and done it will blow by most cryptos.
A lot of cryptocurrency projects have the same feature. The thing that separates Shiba is the large and loyal following AND the manner in which they have presented the features by using terms such as “bury your bones” for farming, doggy Dao for Dao, etc. No crypto legalese. It’s not trying to be fancy or look smart. It’s a project for the masses and thus, voila, it has the masses. Simple but genius.
Holy crap! I knew this was going to have some serious utility.
