Shiba Inu Coin (SHIB): A Beginner’s Guide for 2023

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Shiba Inu Coin (SHIB): A Beginner’s Guide for 2023
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Renewed interest in $DOGE, spurred by elonmusk and the Official_WSB subreddit, breathed new life into meme coins in 2021. Following the explosive success of Dogecoin, investors began looking for the next viral sensation. Enter ShibainuCoin.

ShibaSwap allows users to provide liquidity and stake tokens to earn interest using SHIB token and two additional ERC-20 tokens that exist within the Shiba ecosystem; Bone ShibaSwap token and Doge Killer token .

serves as the community's governance token. launched as a rebase or elastic token, with it’s supply adjusted to track the price of DOGE at a rate of 1/1,000.Read more:Shiba inu coin launched in August 2020 as a direct competitor to Dogecoin. But unlike Dogecoin, the mysterious creator of Shiba Inu, known as Ryoshi, made some design decisions that have since set the token apart. According to Ryoshi, SHIB has “the ability to outpace the value of dogecoin, exponentially, without ever crossing the $0.01 mark.

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