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What is Shiba Inu token?
Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $ 0.000000000056 to an all time high of $ 0.0000379, that is a 140,000 times increase within 8 months.
As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $ 1 billion at that time, which makes it one of the largest donation ever in the world.
On Sept. 17, 2021, coinbase, the largest US-based crypto exchange, listed Shiba Inu on their platform. This news caused Shiba Inu price to rise by over 40% in the following two days, bringing the meme dog token into the spotlight again.
What Makes SHIBA INU UUnique
As part of their launch of the NFT market, SHIBA INU is inviting dog-inspired artists from around the world to cultivate the "Shiba movement." SHIBA INU also set up a campaign that collects donations for rescue organizations using Amazon Smile, live Shiba Inu dogs with the Shiba Inu Rescue Association.
Where Can You Buy SHIBA INU (SHIB)?
SHIB is listed on Huobi, Binance, Coinbase, Gate.io, Uniswap (V2) and OKEx, among other exchanges.