$SHIB
SHIB to be used as currency in India? This is worth discussing.
There's big news to share: SHIB, the popular Shiba Inu coin that has taken the crypto world by storm, is said to be used offline as currency in India! This is a significant development, let's discuss it together.
First, let me introduce SHIB to new friends. SHIB is one of the 'Dogecoin' in the cryptocurrency world and has gained immense popularity in recent years. It started as a community experiment aimed at creating a fair and transparent crypto world. SHIB is based on Ethereum, and the team locked up half of the tokens, while the other half was given directly to Ethereum's founder, Vitalik, so they couldn't sell off the tokens at will.
SHIB also has its own exchange, ShibaSwap, where not only SHIB can be traded, but also other tokens like LEASH and BONE, making the ecosystem quite rich.
Recently, SHIB has caught the attention of many big players. Look, someone just transferred out 4.136 billion SHIB from Coinbase 30 minutes ago, worth $1.07 million! Another big player withdrew $2.45 million worth of SHIB from Coinbase after 3 years. Do these actions by the big players indicate they have confidence in SHIB's future? Why can SHIB be used as currency in India? This brings us to the crypto market in India. India has a large population, rapid economic development, and a keen interest in new financial technologies. Although the government's stance on cryptocurrencies has been a bit ambiguous in the past, people are increasingly accepting them now. SHIB already has a wave of fans in India, and everyone is curious about this new thing.
The concept of Musk's Ethereum chain #puppies (ending with 6eb2), as a force that steadfastly upholds its charitable mission and is unwavering, is leading Web2 users steadily into the new era of Web3, and has recently reaped some decent profits.
