2.shib coin is a kind of virtual currency, which was created and issued by Ahiba Lnu community. Shib, also known as Indy Shiba Indy and Shit Coin, can be traded on the Huobi trading platform. Investors can buy and sell shib coins according to the trading process. Only when trading virtual currency, investors should have a certain understanding of the common trading rules in the trading market to avoid trading mistakes. This trading market implements the T+0 trading rules, and there is no limit on price fluctuation.
What is shib coin:
1. In early February of 20021,shib coins were officially issued in the virtual currency trading market. The total amount of Shib coins issued is one trillion yuan, which is very fixed. In the virtual currency market, shib coins are known as dogecoin killers, with good development prospects and broad space. The reason why investors think so is mainly based on the significant difference between virtual currency and token mechanism. The number of shib coins issued is limited, and the destruction mechanism is adopted, but dogecoin does not have such characteristics. Since the stone coin was issued, although it has the above advantages, it still has its defects. The online time is very short and the circulation is not thorough.
Secondly, SHIB is an experiment of decentralized community construction, and it is another memetic representation similar to Dogecoin. SHIB is the original token of Shiba Inu, and it will be the first token to be put on ShibaSwap line of decentralized exchange, and used for incentive. Three reasons for the skyrocketing:
1, SHIB was put on several exchanges. In the past few months, one of the biggest reasons for the rise of Indy Shiba Indy is that Indy Shiba Indy and traction rope tokens as Indy Shiba Indy ecology have been put on the stock exchanges such as BitKan, AOFEX, StealthEx and CoinFlex. ChangeNow also launched the SHIB Flip Dog Campaign to celebrate the shelf of belt tokens.
2.NFT Expo has started. The second reason for the rise of shi bo Stone Coin is to catch up with the upsurge of non-homogeneous tokens (NFT) and launch the shi bo Stone NFT series, which is a marketing means to increase community interaction and gain more support for shi bo Stone Coin Project. Now, all Shiboshi NFT have been cast and put on the shelves in the OpenSeaNFT market.
3. The position has increased sharply. Finally, the third reason for the surge in Shiba Inu coins is related to the surge in futures trading volume including OKEX, FTX and Huobi.