10 Things Early Investors need to know about Shiba Inu in 2022
Shiba Inu - A speculative asset As the direct competitor of Dogecoin, Shiba Inu was launched as a joke. Began as a community this token meme grew into a multi-dollar crypto project.
Token- not a coin Tokens are generally created on the top of existing blockchain, Shiba inu doesn't have its own blockchain it works on ethereum blockchain.
Dogecoin killer? The official website of shiba inu's listed SHIB as the dogecoin killer targeting and challenging its rival -Dogecoin.
Anonymous The brain behind this ecosystem is anonymous i.e. No body knows who is under the pseudonym Ryoshi- an individual or group.
Multi-token ecosystem The SHIB token acts as the most prominent component of the Shiba Inu ecosystem and consists of two more- LEASH and BONE.
Supports DeFi The smart contracts allows users to lend and send the recurring fees that is completely supported by Shiba Inu.
Elon Musk Driven Tweets of Elon musk always be on the positive sides for Shiba Inu supporting and mentioning a great success.
Utility-driven ecosystem The mission is to provide a secure environment for the Shiba inu's users supporting utilities like NFTs, DeFi platforms etc.
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