Do you like dogs?
Do you like cryptocurrencies?
If the answer is "yes", then you are surely interested in learning about Shiba Inu, a Japanese dog breed and a digital currency that have become a global phenomenon. In this article I am going to tell you everything you need to know about the Shiba Inu, both as a dog and as a currency, and I am going to explain why it has become so popular.
What is Shiba Inu as a dog?
Shiba Inu is a breed of dog native to Japan, characterized by its small to medium size, its thick and soft fur, red, black, sesame or white, its pointed ears, its curly tail and its expressive eyes. It is an intelligent, alert, independent and faithful dog, which has a strong hunting instinct and protection of its territory. He is a little distrustful of strangers and can be dominant with other dogs, which is why he needs a firm and consistent education from a puppy.
Shiba Inu is one of the oldest breeds in Japan, dating back to the 3rd century BC. It is believed to be descended from Asian dogs that accompanied the first immigrants to Japan. Its name means "small dog" in Japanese, and it was used to hunt birds and small mammals in the mountains. The Shiba Inu dog was on the brink of extinction after World War II, due to food shortages, diseases and crossbreeding with Western dogs. Thanks to the efforts of some breeders, the breed was preserved and it was declared a national treasure of Japan in 1936. Currently, the Shiba Inu dog is one of the most popular breeds in Japan and in the world.
What is Shiba Inu as a currency?
Shiba Inu is a token that was created in 2020 as a parody of Dogecoin, another cryptocurrency based on a dog meme. Its symbol is SHIB and its logo is the image of a Shiba Inu dog. It calls itself the "Dogecoin killer" and aims to be a more decentralized and community-based alternative.
Shiba Inu is based on the Ethereum network, allowing it to take advantage of its advantages such as smart contracts and interoperability. It has a total supply of a quadrillion tokens, of which 50% was sent to Ethereum co-founder Vitalik Buterin and the other 50% was locked on a decentralized exchange called Uniswap. Buterin donated part of his tokens to charitable causes and burned the rest, increasing the value and scarcity of the currency. The Shiba Inu cryptocurrency also has its own decentralized exchange, called ShibaSwap, where other canine-themed tokens can be traded, such as LEASH and BONE.
Shiba Inu has become so popular due to the rise of cryptocurrencies and memes, as well as media attention from personalities such as Elon Musk and Vitalik Buterin. Its low price, high supply and large community of followers have given it great visibility and volatility in the market. In addition, his image as a friendly and adorable dog has earned him the affection of many animal fans.
Why is Shiba Inu so special?
Shiba Inu is a phenomenon that combines the fascination with dogs and cryptocurrencies, and reflects the creativity, humor and generosity of its creators and followers. It is an ancient and noble breed of dog, and a young and rebellious breed, who have known how to adapt and survive the challenges of their environment. Shiba Inu is an example of how popular culture can influence the economy and society, and how technology can create new forms of expression and value.
Shiba Inu has its own ecosystem, where you can find projects, platforms, communities and services that are related to the cryptocurrency and its associated tokens. The Shiba Inu ecosystem aims to offer innovative, fun and supportive solutions for dog and cryptocurrency lovers. Some of the most important components of the Shiba Inu ecosystem are:
- ShibaSwap: It is the decentralized Shiba Inu exchange, where you can buy, sell and redeem tokens such as SHIB, LEASH and BONE, as well as other tokens on the Ethereum network. ShibaSwap also allows users to participate in platform governance, earn rewards for providing liquidity, and access exclusive services such as NFTs and lotteries.
- LEASH: It is another token from the Shiba Inu ecosystem, which was originally created as a deflationary token with a limited supply of 107,647 tokens. However, it became the second Shiba Inu token, and is used as an incentive to provide liquidity on ShibaSwap. Its price is higher and more volatile than SHIB.
- BONE: It is the third token of the Shiba Inu ecosystem, which was launched together with ShibaSwap. It has a total supply of 250 million tokens, and can be obtained through the process of "staking" or "farming" tokens on ShibaSwap. BONE is Shiba Inu's governance token, and allows users to vote on the platform's proposals and decisions.
- Shiba Army: It is the name given to the community of followers and fans of Shiba Inu, who are responsible for disseminating, promoting and supporting the project. The Shiba Army communicates through social networks, forums, chats and other means, and organizes events, contests, donations and other initiatives to grow the Shiba Inu ecosystem.
- Shiba Inu Rescue Association: It is a charity organization dedicated to rescuing, rehabilitating and rehoming Shiba Inu dogs that have been abandoned, abused or need a new home. The Shiba Inu cryptocurrency collaborates with this organization, and has donated part of its funds to help dogs in need. Users can also make voluntary donations through ShibaSwap or directly to the organization.
Do you dare to meet Shiba Inu?
If you liked what you have read about Shiba Inu, you may be interested in learning more about this breed of dog and this digital currency. You can visit their official website, their Twitter account, their Telegram channel, their Reddit group or their Discord forum, where you will find more information, news, tips and resources about Shiba Inu. You can also join the Shiba Army and participate in its community, where you can share your experiences, opinions, doubts and suggestions about Shiba Inu. And if you decide to adopt a Shiba Inu dog or invest in its cryptocurrency, you can contact the Shiba Inu Rescue Association or ShibaSwap, where they will help you do it safely and responsibly.
Shiba Inu is more than a dog and a coin, it is a lifestyle, a philosophy, a passion. Shiba Inu is the dog and the coin that conquers the world. Do you dare to discover it? 👁️