What is Shiba Inu Crypto? {{ currentPage ? currentPage.title : "" }}

In the world of cryptocurrencies, there are plenty of coins to choose from. You may have heard of Bitcoin before as this is one of the most well-known options, but coins like Shiba Inu are also talked about quite often in crypto circles.

If you’ve browsed crypto exchanges, you may have seen a Shiba Inu price feed API incorporated that gives the latest figures for the day. While major news sites may not provide up-to-date information on all cryptocurrencies, exchanges and dedicated sites are more likely to utilize a Shiba Inu price feed API in addition to other API tools for different coins. These tools help traders make smart decisions about trading and investing in various cryptocurrencies.

The History of Shiba Inu Crypto

Shiba Inu got its start in 2020, and it’s often referred to by its abbreviated name of “SHIB”. This coin is also well-known for its mascot, the titular fluffy hunting dog known as the Shiba Inu. SHIB is based on Ethereum, a blockchain technology that serves as an alternative to Bitcoin. In fact, SHIB is often referred to as an “altcoin” due to its distinction as an alternative to Bitcoin.

The Purpose of Shiba Inu

Aside from serving as a cryptocurrency, Shiba Inu is also a community project. Its founders have stated that they created the coin as a way to experiment with decentralized currencies and community projects. The overarching theme of SHIB is to engage its loyal community of over half a million people to see what happens when crypto enthusiasts can be free to create and explore on their own with minimal intervention.

LEASH and BONE

In addition to SHIB, the Shiba Inu ecosystem also includes two other coins: LEASH and BONE. These two coins have a relatively small circulation compared to other cryptocurrencies, with LEASH only having a total of 107,646 coins. The SHIB ecosystem also includes ShibaSwap, a safe place to trade cryptocurrencies, and Shiboshis, which are tradeable non-fungible tokens (NFTs) that can be bought and sold.

Author Resource:-

Emily Clarke writes about global equities markets, commodities prices, forex rates and more. You can find her thoughts at advanced analytics blog.

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