Home Altcoins News Shiba Inu (Shib) token the DogeCoin Killer in Absolute Experimental Spirit

Shiba Inu (Shib) token the DogeCoin Killer in Absolute Experimental Spirit

Shiba Inu Shib

OKEx is the first major exchange to list Shiba Inu’s SHIB token.  The token can now be traded against USDT on the OKEx spot and perpetual swap markets.

SHIB, a “meme coin,” is evolving to be in the top 30 cryptocurrencies in terms of market capitalization, per CoinMarketCap.

It is also known as the “Dogecoin killer,” SHIB being an ERC-20 token, took off like an experiment in an attempt to create a spontaneous decentralized community.

The main goal is to provide for a fair distribution of tokens.  The founders put away 50% of the total SHIB in Uniswap, and the rest burned, honoring Vitalik Buterin.  Also, SHIB is the first cryptocurrency token that has been listed and incentivized on ShibaSwap, which is the Shiba Inu project’s own decentralized exchange.

OKEx platform appreciated the experimental spirit of Shibu Inu and stated that memetic tokens would provide for a comprehensive investment experience for their valued customers.

Shib tweeted:  “SHIB has reached 300,000 holders.  We were 200,000 just 54 hours ago.”

This number is iterating very quickly. They call their White paper woofpaper. 

This ERC-20 ONLY token will be able to remain well under a penny and still outpace Dogecoin in a small amount of time (relatively speaking). Popular worldwide, and already up thousands of percent.

Lease was originally set to be a rebase token pegged to the price of Dogecoin. Now, it has been unleashed and will not rebase.  With a total circulation of ONLY 100k tokens, it has the opposite appeal to Shib (which has a much larger supply). The second token incentivized on the swap offers special rewards for those who provide liquidity.  

Also, BONE, Dogecoin Killer is their next token.  It is set to come soon.  Shiba Inu Bone, takes the power of Defi to the next level. Details on how to acquire this token, tokenomics and incentives will be announced with the reveal ofShibaSwap.    

The only place to buy or sell SHIB or LEASH safely is on Uniswap.  There are some centralized exchanges that have listed SHIB, but CEXs have a history of locking funds.   If you can, it is safer to trade on a decentralized exchange like Uniswap or 1inch.  BONE is not available yet, but will be able to acquire soon.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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