What is Shiba Inu?
Shiba Inu (SHIB) is one of the most popular meme coins. It is powered by Ethereum and corresponds to the ERC 20 token standard. The coin, inspired by DOGE was launched in August 2020. Initially, 50% of the entire SHIB tokens were put away in the decentralized protocol UniSwap. As the platform informs they "locked 50% of the total supply to Uniswap and threw away the keys." The rest was burned in honor of Ethereum creator Vitalik Buterin. On July 6, 2021 SHIB's team launched its own DEX ShibaSwap. In May 2021, the Shiba Inu coin's market cap surged, bringing it to the top 20 cryptocurrencies. SHIB doesn't have maximum supply. Presently, the major exchanges for trading the coin are Binance, Huobi Global, OKEx, UniSwap. Apart from SHIB, the team presents two other tokens: LEASH and Shiba Inu Bone.By staking Shiba Inu or LEASH on ShibaSwap, users get rewards in BONE.