What is the issue volume of Shiba Inu coin? An article introduces the application scenarios of Shiba Inu Coin

Shiba Inu Coin (SHIB), the playful cryptocurrency inspired by the eponymous Japanese dog breed, boasts a massive total supply of 1 quadrillion coins, with half burned and half locked in Uniswap.

Sep 30, 2024 at 03:42 pm

Shiba Inu Coin: A Beginner's Guide

What is Shiba Inu Coin?

Shiba Inu Coin (SHIB) is a decentralized cryptocurrency that was created in August 2020.
SHIB is inspired by the popular Japanese dog breed, the Shiba Inu.
SHIB is built on the Ethereum blockchain and it is an ERC-20 token.
SHIB was created as a joke and it was not expected to be taken seriously.
However, SHIB quickly gained popularity and it has become one of the most popular cryptocurrencies in the world.

What is the Total Supply of Shiba Inu Coin?

The total supply of SHIB is 1 quadrillion coins.
Of this, 50% was burned to Vitalik Buterin, the co-founder of Ethereum, and 50% was locked in Uniswap, a decentralized exchange.

What is the Issue Volume of Shiba Inu Coin?

The issue volume of SHIB is not publicly available.
However, it is estimated that there are currently around 549 trillion SHIB in circulation.

What are the Use Cases for Shiba Inu Coin?

SHIB can be used to purchase goods and services from a growing number of merchants.
SHIB can be used to earn rewards on the ShibaSwap decentralized exchange.
SHIB can be used to tip artists and creators.
SHIB can be used as a store of value.

How to Buy Shiba Inu Coin

SHIB can be purchased on a variety of cryptocurrency exchanges, including Binance, Coinbase, and Kraken.
To buy SHIB, you will need to create an account on an exchange and deposit funds.
Once you have deposited funds, you can use them to purchase SHIB.

Conclusion

Shiba Inu Coin is a new and exciting cryptocurrency that has quickly gained popularity. While it is still too early to say what the future holds for SHIB, it has the potential to become a major player in the cryptocurrency market.

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