Here are some interesting facts about Shiba Inu $SHIB
*History*
1. Created in August 2020 by Ryoshi, an anonymous developer. 2. Inspired by the Shiba Inu dog breed and meme. 3. Initially launched on Ethereum blockchain.
*Tokenomics*
1. Total supply: 1 quadrillion (1,000,000,000,000,000) SHIB. 2. Circulating supply: Approximately 550 trillion SHIB. 3. 50% of tokens burned at launch.
1. ShibaSwap: Decentralized exchange (DEX) for SHIB. 2. Shibarium: Layer 2 scaling solution. 3. SHIB-based non-fungible tokens (NFTs). 4. Integrated with various gaming platforms.
*Community*
1. Active and growing community (Shiba Army). 2. Donations to charitable causes (e.g., $1 million to India COVID-Crypto Relief Fund). 3. Community-driven governance.
*Price and Market*
1. Listed on major exchanges (e.g., Binance, Coinbase). 2. Market capitalization: Over $6 billion. 3. Price fluctuations influenced by market trends and community sentiment.
*Interesting Facts*
1. Elon Musk's Shiba Inu-themed tweets impacted SHIB's price. 2. SHIB's logo is based on a real Shiba Inu dog named Kabosu. 3. SHIB has been referred to as the "Dogecoin killer."
*Roadmap*
1. Shibarium mainnet launch. 2. Improved ShibaSwap functionality. 3. Expanded gaming and NFT integrations. 4. Growing adoption and use cases.
Would you like more information on SHIB or its ecosystem?
For SHIB to hit $1, it would need a mix of significant supply reduction through large-scale token burns, meaningful advancements in utility, and broad market adoption.
Shiba Inu (SHIB) has drawn attention with its remarkable burn rate spike, generating optimism among the cryptocurrency community. Alongside this development, a newly emerging cryptocurrency, Minotaurus (MTAUR), is gaining traction in the market, positioning itself as a potential competitor that could achieve the 1 USDT milestone before SHIB.
Shiba Inu’s Burn Rate Surge Drives Positive Market Sentiments According to the Shibburn tracker, the burn rate of SHIB spiked by 6,223% within a single day on November 19. In this period, around 290,321 tokens were burned which means they were taken out of the circulating supply. In the same week, the community removed from circulation approximately 135 million SHIB tokens and this has led to a decrease in supply.
The token’s total supply is still 589.26 trillion and the market shows signs of increased confidence.
1. Genesis Block (Block 0): January 3, 2009 2. First BTC transaction: January 12, 2009 3. First BTC exchange: March 2010 4. Bitcoin halving: 2020 (block reward reduced to 6.25 BTC)
*Interesting Facts:*
1. Lost Bitcoins: Estimated 4-5 million BTC lost forever. 2. Bitcoin's market capitalization: Over $1 trillion. 3. Bitcoin's hash rate: Over 200 exahash per second. #BitcoinStrategy #90kCryptoZone #BTC93KNewATH