SHIB coin, also known as Shiba Inu coin (the second dog coin), is a decentralized and spontaneous community-building experiment.

Shiba Inu Token is the first token for the Shiba Inu community, allowing users to hold billions or even trillions of Shiba Inu coins.

SHIB coin is the abbreviation of DOGECOIN KILLER.

This ERC-20 Only token could keep the price around a point and still outperform Dogecoin (relatively speaking) for a short period of time.

Shib Token is the first cryptocurrency listed and encouraged by ShibaSwap, the decentralized exchange for the Shiba Inu community.

It is popular all over the world and its value has increased thousands of times.

Currently, the Shiba Inu community has locked 50% of the total supply of Uniswap and has lost the key!

The remaining 50% was burned into Vitalik bartling, and this coin was the Shiba Inu community's first project along this path, so everyone had to buy it on the open market so that developers could not put their own teams on behalf of

Coins are dumped into the community to ensure fair and complete decentralization.

1. Development history.

In August 2020, Shiba Inu Dogecoin was born, with a circulation of 1,000 trillion yuan.

On May 7, 2021, Mizuno Ayaka Hiroshi, an independent director of Tesla and former chief investment officer of a Japanese pension fund, said on social media: “Investors can trade Shiba Inu Dogecoin in the short term, but do not treat their Shiba Inu dogs this way

." Elon Musk immediately responded: "I'm looking for a Shiba Inu dog (coin)!" As of May 9, 2021, Shibuya Coin surged nearly 1,200% in a single day.

On May 10, 2021, according to foreign media reports, Shibuya Coin, the virtual currency after dogecoin, entered people’s field of vision.

In just two days, Cane Coin became the world’s first cryptocurrency made from a cheap altcoin.

On May 13, 2021, God V donated 50 trillion SHIB tokens (approximately US$1.2 billion) to the Indian COVID-19 Relief Foundation. On May 17, 2021, V God, the founder of Ethereum, destroyed 45% of

SHIB coin.

2. Reason.

Shib's purpose is to become a "dogecoin killer".

To highlight its massive supply, this means users can hold billions or even trillions of tokens.

There is also a decentralized trading platform Shibasap.

3. Currency evaluation.

Dogecoin has no use beyond hype and pump buying, and has little underlying product.

Dogecoin is a counterfeit currency that is easy to create, and the huge profits they make far exceed even "meme" currencies like DOGE, let alone safer ventures like BTC or ETH.

But the disadvantage is that without solid foundation endorsement or effective use cases, their risks are still very high.