Shiba Inu (SHIB)

Shiba Inu (SHIB), both the project and the altcoin, are experiencing a moment of peak popularity with their recent listing on exchanges like Binance. But what is Shiba Inu? What is the project behind? And what is the purpose of the SHIB token? Let’s see it below.

When we talk about altcoins like the Shiba Inu token, called SHIB, it is important to differentiate the cryptocurrency from the project. Therefore, the first thing you must understand is that it is one thing to talk about SHIB, referring to the alternative cryptocurrency in question, and another is to refer to the project that is hidden behind, called Shiba Inu.

Shiba Inu (SHIB) Last Updated Price Today, 26 Of April At 2024:

Live SHIB Price Converter – USD (US Dollar):

Source: CurrencyRate

Shiba Inu: The Project

The creators of Shiba Inu are clear: theirs is a memecoin (or memetoken) that, in the heat of the growth of Dogecoin (DOGE), seeks to go beyond pure parody cryptocurrency to offer an ecosystem of decentralized tokens.

Several projects are hidden behind the Shiba Inu community. The first of them is a support platform through Amazon Smile to allocate a part of its users’ purchases to the Shiba Inu Rescue Association rescue platform. As has already happened in a good part of the meme cryptocurrencies that have been born in recent months, one of its most representative causes is, therefore, the rescue of animals.

But there is more. Among other projects that can be consulted on its official website, the Shiba Inu team is working on ShibaSwap, which will be an exchange platform that will include other fun-tokens (including Shiba Inu Bone, a new altcoin that will be born from this very project), works of artists (NFT) and much more.