Shiba Inu Project Promotion: How Was One of the Most Popular Coins Launched?

Introduction to Shiba Inu Coin

How the Meme Coin Concept Contributes to the Successful Promotion

Today, when people can’t imagine living without social media, memes are considered to be a very important part of our lives. Since the crypto world is very accessible, it was also impacted by memes, resulting in the emergence of so-called meme coins.

Shiba Inu’s Creation

Shiba Inu was launched in August 2020. The Shiba Inu developers aren’t public individuals or well-known organizations. The one who developed it remains anonymous till today. The only thing we know is that the user’s nickname is Ryoshi.

How the Shiba Inu Coin Became Popular

The Factor Elon Musk

Except for being the richest individual in the world, Elon Musk is also one of the most extravagant businessmen. He likes sharing different tweets on his Twitter page, which often change the prices of his own assets and other products on the financial markets. Shiba Inu is not an exception.

Which Features Are to Accelerate the Further Promotion of the Project

The hype around certain crypto coins is a very important circumstance in the crypto world. The effective promotion of the assets is one of the characteristics that determine whether it’s wise to invest money. First of all, it creates good conditions for the further growth of the project.

ShibaSwap

Shiba Swap is a decentralized cryptocurrency exchange where users can make peer-to-peer cryptocurrency transactions. ShibaSwap is different from Binance, which is the most famous crypto exchange in the world. ShibaSwap allows exchanging Shiba Inu tokens or other cryptocurrencies without any intermediaries.

  • staking,
  • governance
  • “Shiboshis”

BONE

BONE is a crypto token developed in the Shiba Inu ecosystem as the governance token in ShibaSwap. The supply of BONE amounts to 250 million coins. The ones who hold this digital asset have the right to offer changes and vote for them if they want to somehow change the ShibaSwap protocol. Actually, they are considered members of the Doggy Decentralized Anonymous Organization.

LEASH

The original idea of LEASH creators was to design a Doge Killer that would change its supply automatically to keep its price pegged to the DOGE price. This concept is called the elastic token. However, today, LEASH tokens don’t track the DOGE price and have a supply set on 107,647 tokens.

Safety of ShibaSwap

ShibaSwap is one of the safest crypto exchanges. According to the research by CertiK, the platform’s security system might be estimated with 93 scores of 100. The service also reports that 96% of ShibaSwap users have no concerns about the safety of the platform.

Shiba Inu’s Metaverse

In January 2021, the Shiba Inu team announced the upcoming release of the Shiba Inu Metaverse or Shiberse. This is probably, the most significant project that is going to make a huge contribution to the image and promotion of the SHIB coin. Thanks to it, it might become one of the most serious players in the crypto world, not just a funny meme coin.

Partnership Ties

A partnership relationship is always a good way to increase the visibility of the project or development. Such simple business things increase the popularity of Shiba Inu Coins and contribute to their sustainability and legitimacy.

TREAT Token

The TREAT token is about to become the fourth token in the Shiba Inu ecosystem. When it is launched, there will be four Shiba Inu coins, which will boost the hype around Shiba Inu one more time and make it a valuable investment.

Shiba Inu Is Listed on Binance

If the cryptocurrency is listed on Binance, it’s not just a coincidence. Such listing contributes to the sustainability of Shiba Inu and makes it more available to different users. Except for Binance, Shiba Inu is listed on other popular crypto exchanges as well.

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Fundraising & Community for Crypto Projects