Shiba Inu (SHIB) started as a fun token inspired by Dogecoin, but it’s making serious moves in the crypto world. Launched in August 2020 by the mysterious Ryoshi, SHIB runs on the Ethereum network. This means it’s part of a larger system where many apps and tokens already exist. In an unusual twist, half of all SHIB tokens were sent to Vitalik Buterin, co-founder of Ethereum. He donated some to help fight COVID-19 in India and destroyed a big chunk, reducing the total supply and boosting SHIB’s profile.
What’s special about SHIB is its big plans. Because it works with Ethereum, SHIB can do more than other meme coins. It has created ShibaSwap, a place where people can trade tokens without a central authority. There are also plans for a platform for unique digital art (NFTs) and a system where holders can vote on decisions. Compared to Dogecoin, SHIB has more potential uses. In the current market, where investors look for coins with real-world applications, SHIB might be attractive. Its connection to Ethereum and future projects could make it stand out among other coins.
Conclusion
MEW, DOGE, PEPE, and SHIB are promising, but XYZVerse (XYZ) unites sports fans in a community-driven platform aiming for 20,000% growth, blending meme culture with sports
