WHAT IS SHIBA INU (SHIB): THE MEME TOKEN IN COMPETITION WITH DOGECOIN
The Shiba Inu (SHIB) project has gained some prominence in recent months, especially for running as an alternative to Dogecoin. Meme token Doge has stumbled upon SHIB, a token that does not hide that it is a meme token, but is also much more than just a meme token.
What is Shiba Inu (SHIB)
It's a meme. We must also be clear that it is not a cryptocurrency, but an ERC-20 token that works within the Ethereum blockchain. But at the same time Shiba Inu (SHIB) is the first element of a large ecosystem that integrates other ERC-20 type tokens, a decentralized exchange and ERC-1155 tokens (non-fungible tokens; NFTs ).
SHIB was born based on two pillars: creating a complete ecosystem within Ethereum and an active user community. For this, they have devised different elements that seek to make...