$#MemeWatch2024 $ The basic principles of the Shiba Inu currency are explained in its white paper, which is available on the Shiba Inu company’s website. According to this paper, this currency was developed to answer the following question: What would happen if a cryptocurrency project were completely and 100% community managed? This is why the founder or founders of this currency, called Ryoshi, attribute its founding origins to the experience of building a decentralized automated community. According to the founders, the power of a decentralized community can build things much stronger than decentralized teams in comparison.

What is a Shiba Inu? (gray)

Shiba Inu (SHIB) is a token that was initially launched as a joke and has since evolved into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated to Vitalik Buterin's Ethereum wallet.

Therefore, Vitalik donated 10% of his SHIB assets to the Covid-19 relief operation in India and the remaining 40% was burned forever. The value of this donation was approximately $1 billion at the time, making it one of the largest donations ever made worldwide.

What is the Shiba Inu community working on now? #SHİB Shiba Inu team has launched a decentralized exchange called Shibaswap featuring two new tokens, LEASH and BONE. LEASH is a rare supply token used to offer incentives on Shibaswap. BONE is a governance token that allows its holders...