What Cathie Woods Just Said About Shiba Inu and Bitcoin And Why SHIB Will Pass $0.10

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What Is Shiba Inu Cryptocurrency?

Shiba Inu Coin was created in August 2020 by a pseudonymous developer named Ryoshi. Although Shiba Inu is branded as the QUOTE ‘Dogecoin Killer’, Ryoshi explained in his first Medium post that the project is essentially an experiment in community governance and decentralization.

Shibaswap Explained

Shibaswap is the cornerstone protocol of Shiba Inu’s upcoming ecosystem. Like some other DEXes, Shibaswap’s launch will begin with a two-week liquidity event which will incentivize liquidity providers to move their LP tokens from Uniswap and Sushiswap to Shibaswap

Shiba Inu BONE Cryptocurrency Tokenomics

BONE is an ERC-20 token on Ethereum. It is part of Shiba Inu’s upcoming ecosystem. BONE is not yet in circulation – the BONE you’ll find on CoinMarketCap and CoinGecko is related to a different dog project. It has a maximum supply of 250 million and is used for governance. It is earned by stakers and LPs

⛓Shiba Inu LEASH Cryptocurrency Tokenomics⛓

LEASH is an ERC-20 token on Ethereum. It is also part of Shiba Inu’s upcoming ecosystem

LEASH is in circulation as of April and it was initially designed to QUOTE ‘tame DOGE’ by rebasing to 1000x the price of DOGE at 6:30 UTC every day. LEASH is no longer a rebase token. It has a maximum supply of ~107k

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