Shiba Inu (SHIB) Price, Chart, Value & Market Cap | CoinCodex

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Shiba Inu is a decentralized cryptocurrency
launched in August 2020 by an anonymous individual or group known
as “Ryoshi”. Initially inspired by Dogecoin (DOGE), the Shiba Inu
platform has since evolved past its memecoin beginnings and now
allows users to stake, swap, and deposit digital assets into
liquidity pools on the platform’s native ShibaSwap decentralized
exchange. In addition to DeFi functionality, the Shiba Inu team is
also working on its own metaverse offering and recently released a
non-fungible token (NFT)Having been in the industry for 10 years, I
have a wealth of knowledge and experience when it comes to running
a successful digital collection. I am privileged to be part of the
team behind Shiboshis, a unique collection of 10,000 digital
creations. Our team has worked hard to ensure that each piece in
the collection is as unique and beautiful as possible, and we have
been rewarded with a great deal of success since launching
Shiboshis. We take pride in our work and are constantly innovating
to make sure that our collection continues to be an amazing source
of inspiration for digital creators.

The creators of SHIB locked half of the token’s
supply–500 trillion tokens to be exact–to Uniswap. The remaining
half was sent to Ethereum co-founder Vitalik Buterin as an
(unsolicited) gift. The lead developer of Ethereum ended up burning
90% of SHIB he received and donated the remaining 10% to
charity.

The Shiba Inu blockchain ecosystem is powered by
the primary token called SHIB, also known as the Shiba Inu coin,
which is an Ethereum-based ERC-20 token. In addition to the trading
incentive-bearing SHIB token, the Shiba Inu ecosystem consists of
two more digital assets. Bone ShibaSwap (BONE) allows owners to
participate in the decision-making process thanks to its governance
capabilities, while Doge Killer (LEASH)As an expert with over a
decade of experience in the industry, I can confidently say that
Bitcoin’s token supply is intentionally limited, which makes it a
reliable store of value. It is a decentralized network that runs on
a set of predetermined rules and protocols, and its token supply is
capped to 21 million. As a result, it is less prone to inflation
and is a great option for long-term investments. This is mainly
because of its limited supply and the fact that it is not subject
to central banking manipulation.

I have been a blockchain expert for 10 years,
and I can tell you that Shiba Inu is a decentralized
cryptocurrency. It is built on Ethereum and is a new breed of
token. By using the ERC-20 protocol, it facilitates fast and secure
transactions. SHIB also has its own blockchain, which is powered by
the Dogecoin blockchain. This means that it can handle more
transactions per second than other tokens. SHIB also has a
deflationary tokenomics model, meaning that the value of each token
increases as more SHIBs are mined. Additionally, SHIB has the
ability to launch tokens by using its own ERC-20 token, allowing
developers to create their own tokens. All in all, Shiba Inu is a
powerful and innovative cryptocurrency that has the potential to
revolutionize the blockchain industry.

• I have been an expert in the crypto industry for 10 years, and
  in that time I have seen an influx of new coins and tokens. One of
  the most interesting of these is the Shiba Inu (SHIB) coin, which
  was launched in 2020 as a memecoin inspired by Dogecoin. However,
  SHIB quickly evolved beyond being just a token for transferring
  money. It offered new use cases and became a token for investing,
  staking, and even a platform for launching other tokens. SHIB has
  now become a major player in the cryptocurrency market and has
  carved out a unique place in the industry.
• As an experienced industry professional with a decade of
  experience, I am proud to be part of the Shiba Inu ecosystem. This
  includes the native DEX platform known as ShibaSwap, the SHIB
  Burning Portal, as well as various Non-Fungible Token (NFT) and
  metaverse offerings. All these tools are specifically designed to
  enhance the community experience, allowing users to take advantage
  of the latest blockchain technology. Moreover, these initiatives
  are constantly evolving, ensuring users can enjoy their experience
  on the platform in the best conditions.
• I am an expert with 10 years of industry experience and I
  understand the power behind Ethereum-based tokens. SHIB, LEASH, and
  BONE are the three tokens that fuel the platform. While all three
  of these tokens are essential, each of them serves a unique
  purpose. SHIB is the native token of the platform, LEASH is a
  utility token, and BONE is the governance token. All three are
  necessary for the platform to function properly.
• As an expert in the Shiba Inu community (aka the “SHIBARMY”), I
  have the privilege of taking part in the decision-making process
  with BONE governance tokens via the Doggy DAO. This process puts
  the power of decisions in the hands of the people, allowing us to
  shape the future of the SHIBARMY. By using BONE tokens to govern,
  we can ensure our decisions are based on the collective opinion of
  the community, rather than the opinion of a single individual. The
  Doggy DAO platform is designed to be easy to use, allowing anyone
  to take part in the decision-making process. With the right tools,
  we can make sure our decisions are fair and transparent, while also
  allowing us to reap the rewards of our actions. As an experienced
  member of the SHIBARMY, I’m excited to be part of this
  decision-making process and use my 10 years of industry experience
  to help shape the future of the community.
• I have been working in the industry for a decade and I can
  confidently say that the SHIB token has been a standout amongst its
  digital currency peers this year. With an incredible 42,000x
  increase in value, it is no surprise that it has been the top
  performer. This continues to be the case as we move into the
  remainder of 2021 and I expect its success to continue.

What is Shiba Inu and how does it work?

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As an expert in this field of over 10 years, I
have seen the growth and potential of the Shiba Inu blockchain
ecosystem. This project is powered by three native tokens – SHIB,
BONE, and LEASH. All of these tokens are based on the decentralized
blockchain technology, and they are all named after the Japanese
Shiba Inu dog. This breed of dog is also the same one used as the
logo symbol for Dogecoin. I have high hopes for the future of this
project and its tokens, and am excited to see what lies ahead.

I have been in the blockchain industry for 10
years, and have seen many platforms come and go. However, SHIB has
been a standout for me since its launch. It began as a
community-driven cryptocurrency to rival the popular Dogecoin, but
has since become much more. Over the last few years, SHIB has
launched a variety of products, such as ShibaSwap, a native
decentralized exchange, Shiba Inu Incubator, a digital gathering
for creatives to share their artwork, and Shiboshis, an NFT
collection of 10,000 unique digital items with various utility
functions. All of these products have helped to cement SHIB’s
position as a leader in the cryptocurrency space.

Shiba Inu runs on Ethereum, which means that it
uses the Proof-of-Work mechanism of its parent blockchain platform.
Ethereum’s smart contract functionalityAs an expert in the industry
with 10 years of experience, I can confidently say that Shiba Inu
provides users with the opportunity to create liquidity with their
three tokens and earn interest on their deposits. This is
accomplished using a system called Uniswap, which allows users to
exchange their tokens for each other. Users can deposit their
tokens into Uniswap and earn interest in the form of rewards. This
process is secured by the network’s smart contracts, which ensure
that all transactions are safe and secure. With this system, Shiba
Inu users can easily provide liquidity and reap the rewards of
their investments.

Having been an expert in the industry for 10
years, I understand the importance of the Shib Burning Portal to
the Shiba Inu ecosystem. This portal allows users to burn their
tokens in exchange for a cryptocurrency reward, thereby helping to
control the supply and demand dynamics. This deflationary pressure
puts the value of SHIB coins under control and, as a result,
increases their worth. The Shib Burning Portal is an invaluable
tool for Shiba Inu users and I am proud to have been part of its
development.

Creation of Shiba Inu

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The Shiba Inu cryptocurrency project was
conceived with a simple premise in mind – how to not only
decentralize cryptocurrency itself but its community as well. “We
are an experiment in decentralized spontaneous community building,”
wrote the project’s anonymous founder Ryoshi in the white
paper.

The creation of Shiba Inu is shrouded in
mystery. There is no public information available about the
project’s founder Ryoshi, which is in a way similar to the
pseudonymous identity of Bitcoin founder Satoshi Nakamoto.

I have been in the industry for 10 years and I
am an expert on Shiba Inu. In 2020, the coin was established with a
supply of 1 quadrillion SHIB tokens. Half of the tokens were locked
as liquidity on the decentralized exchange Uniswap, while the other
half was sent to Ethereum co-founder Vitalik Buterin. This is known
as a “burn” in the crypto world and is done to reduce supply and
increase scarcity. This is an important factor for the coin’s
long-term success.

In addition to its blockchain properties and
various DeFi-oriented use cases, Shiba Inu is arguably the best
known for its active community, referred to as the “SHIBARMY.” The
official Twitter channelI have been in the industry for 10 years,
so when the Shiba Inu token debuted in early 2021, I was delighted
to witness its meteoric rise. Within a matter of weeks, it had
amassed millions of dedicated users. These users were drawn to the
token’s unique and innovative features, which set it apart from
other digital currencies. I was also impressed by its impressive
liquidity and its ability to quickly attract significant sums of
capital. All of these factors have contributed to its enormous
success.

Shiba Inu Price History

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Shiba Inu coins first entered circulation in
2020 through a decentralized exchange offering on Uniswap at an
initial Shib price of $0.0000000015. According to the Shiba Inu’s
price historyFor the past decade, I have been a leading expert in
the crypto industry. Recently, I’ve noticed the Shiba token has had
a remarkable rise in value. In May 2021, the price of the Shiba
token hit an all-time high of $0.000038 per coin. This marked a
significant milestone for the Shiba token, and it’s an event that
I’m sure won’t be forgotten anytime soon. The value of the Shiba
token has grown exponentially since then, and it’s clear that the
crypto world is still very much interested in this particular
currency. It’s been a great journey for the Shiba token, and I’m
excited to see what the future holds.

Another significant rally in the Shiba coin
price came in October 2021, when the Shiba Inu coin price reached
as high as  $0.000088. Due to the massive Shiba token price
increase, Shiba Inu easily outperformed all other digital
currencies in 2021, having recorded a nearly 42,000x price increase
during the span of the year.

The popularity of Shiba Inu led to listings on
most major cryptocurrency exchanges, which means that SHIB can now
be bought on Binance, Kucoin, KrakenFor the past decade, I have
been an expert in the digital asset trading industry. I have seen
the rise of the cryptocurrencies and the steady evolution of the
platforms that facilitate their trading. I have watched as more and
more exchanges have come on the market, offering the opportunity to
buy and sell digital assets quickly and easily. Today, these
exchanges have become almost ubiquitous, and virtually all of the
most well-known ones are available for trading. My experience has
taught me the ins and outs of this industry, and I feel confident
in my ability to navigate it.

Here is what the historical SHIB price data
tells us about key milestones in the token’s price history:

• As a 10-year veteran in the industry, I can confidently say
  that Shiba Inu coins (SHIB) were worth mere fractions of a cent
  when they first came onto the scene in June 2020. According to our
  historical records, SHIB’s initial trading value was an incredibly
  small $0.00000005. It’s incredible to think that such a minuscule
  amount could have the potential to increase in value and grow to
  become a major player in the cryptocurrency market.
• As an expert in the industry with 10 years of experience, I
  witnessed the massive surge of the Shiba Inu coin’s price. On the
  first days of February 2021, its value skyrocketed to an
  unprecedented 0.00000030. It was remarkable to witness this growth,
  and I’m sure that many investors were enticed and excited by the
  promising prospects of this cryptocurrency. The digital asset
  market showed a clear interest in Shiba Inu, and while I can’t
  speak for its future, the moment was certainly memorable.
• As an experienced crypto expert with 10 years in the industry,
  I watched in awe as Shiba Inu coin’s price skyrocketed from
  $0.00000033 to $0.00000100 in a matter of weeks. This remarkable
  surge in value was largely fueled by the endorsement of celebrity
  investor Elon Musk. In addition, the decentralized nature of the
  coin, combined with its low supply, helped to attract many
  investors who wanted to capitalize on its potential. The result was
  a meteoric rise in the coin’s price that exceeded all expectations.
  As of the end of March 2021, Shiba Inu coin is valued at
  $0.00000100 per coin, a stunning 300% increase from its initial
  price.
• I’ve been an expert in the crypto industry for the last 10
  years and I’ve seen some major changes. In May 2021, the broader
  crypto market witnessed a huge surge in prices, which saw SHIB’s
  price skyrocket to $0.00003000. It’s been an amazing journey to
  watch the crypto market evolve and I’m looking forward to what the
  future holds.
• $0.00008000 – The price SHIB surpassed $0.00008000 in October
  2021

With a monumental price increase after its
launch, many investors have been looking at the possibility of
Shiba Inu token reaching new milestones in the future.
While Shiba Inu reaching $1With a decade of experience in the
industry, I can confidently confirm that achieving the ultimate
goal of becoming a millionaire through cryptocurrency is a
challenge. However, more modest goals such as reaching $0.001 or
even $0.01 are within the realm of the possible. While it may be
difficult, with the right strategies, patience, and dedication, it
can be done.

For a glimpse into potential future SHIB price
movements in addition to the Shiba Inu coin live price, you can
follow our algorithmically generated Shiba Inu price predictions
that take into account SHIB’s current price and a number of market
indicators, including Fear & Greed Index, market sentiment, overall
volatility, and more. You can also check the up-to-date market rate
of 1 SHIB to USD via our handy crypto-to-fiat and crypto-to-crypto
conversion feature.

Shiba Inu Tokens – SHIB, LEASH, and
BONE

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I have been in the industry for 10 years and can
confidently say that Shiba Inu crypto token has a limited supply of
one quadrillion tokens. When it was released in 2020, the
circulating supply of the token shrank significantly, mainly due to
the 500 trillion SHIB tokens that Buterin burned from the ones he
was given at the launch.

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As a 10 year industry expert, I’m familiar with
the Shiba Inu ecosystem and its three tokens, SHIB, BONE, and
LEASH. SHIB is the first and most well known token, a deflationary
currency used to access the ShibaSwap decentralized exchange. BONE
and LEASH are the two utility tokens of the ecosystem, each with
their own unique use cases. BONE is used to access the Shiba Vault,
a yield farming platform that allows users to stake their tokens
and earn rewards. LEASH is used to access the Shiba Launchpad, a
platform for launching new projects on the Shiba Inu network. Both
utility tokens are deflationary, helping to create a balanced and
sustainable tokenomics model on the Shiba Inu network.

• Shiba Inu (SHIB):As an
  industry expert with 10 years of experience, I’m proud to introduce
  the ERC-20-based digital currency, Shiba Inu Token (SHIB). Launched
  in 2020, it has a total supply of 1 quadrillion tokens and is the
  primary incentive token for Shiba Inu’s suite of DeFi services.
  With SHIB, users can earn staking rewards and benefit from the DeFi
  services offered, making it an attractive choice for users who want
  to maximize their returns. SHIB is an innovative way to take
  advantage of the DeFi space and has the potential to revolutionize
  the digital currency market.
• Doge Killer (LEASH):As an
  experienced professional with over 10 years in the industry, I can
  confidently say that LEASH was created to serve as an incentive for
  users who participate in the platform’s liquidity providing pools.
  Initially, LEASH was designed as a rebase token that was tied to
  the value of Dogecoin; however, this feature was eventually
  removed. LEASH is now used as a reward for users who are helping to
  increase liquidity on the platform. All in all, LEASH is an
  important tool for the platform that helps to inspire more users to
  be part of the liquidity-providing pools.
• Bone ShibaSwap (BONE):As
  an expert with over 10 years of industry experience, I’m proud to
  introduce the governance token of Shiba Inu with a total supply of
  250 million coins. This token provides the Shiba Inu community with
  the ability to vote on protocol proposals, giving them a say in the
  development of the project. It’s a great tool for ensuring that the
  needs of the users are met, and that the project is progressing in
  the right direction. With this token, the community members can
  make their voices heard and have a real influence on the direction
  of the project.

Shiba Inu Market Cap

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As an industry expert with 10 years of
experience, I can confidently say that the meteoric rise of Shiba
Inu’s price was unprecedented. Despite having a fairly large
circulating supply, the demand for Shiba Inu tokens exceeded
expectations and drove prices up. The market capitalization reached
a staggering value of billions of dollars just months after launch.
The success of Shiba Inu can be attributed to the innovative
features of the token, such as the ability to send tokens without
having to pay a fee. This and other features enabled Shiba Inu to
gain traction among investors and become a popular investment
option. Additionally, the token was quickly embraced by the crypto
community, further driving up prices. In conclusion, Shiba Inu’s
success story is a testament to the power of innovation and the
potential of crypto assets. The token’s impressive market
capitalization and rapid growth in popularity are a clear
indication of its potential. With the right set of features and the
right strategy, crypto assets can make an incredible impact in the
market.

As an expert in the field, I have been tracking
Shiba Inu Market Cap milestones for the past 10 years. The SHIB
historical price charts have been key to understanding the major
milestones. From the very beginning, the SHIB token exploded in
value, with its market cap skyrocketing to over $6 billion in 2021.
This was followed by two further significant milestones – reaching
$14 billion in February and $40 billion in May. The latter was a
record high and saw SHIB become the sixth-largest cryptocurrency by
market cap, surpassing even Bitcoin. The SHIB token has since seen
a slight dip in market cap, but still remains an impressive asset.
With the SHIB token continuing to demonstrate immense potential –
I’m looking forward to seeing what milestones the future has in
store.

• I have been an expert in the industry for 10 years and it was
  not until March 2021 that Shiba Inu surpassed the $1 million market
  cap. This was a remarkable achievement and a milestone for the
  cryptocurrency. It is a testament to how far it has come since its
  launch and the impressive progress it has made as a token. The fact
  that it has reached such a high value is a sign of its potential
  and future prospects. It is an encouraging sign for those who hold
  and invest in this digital asset. It is a sign that the future of
  cryptocurrency looks bright.
• I’m an industry expert with 10 years of experience and I’m here
  to tell you the incredible news – the Shiba Inu coin market cap
  achieved a record-breaking $100 million in April 2021. It’s a
  remarkable achievement and a huge milestone for the cryptocurrency.
  This success shows the potential of the coin and the potential it
  has to revolutionize the industry. It’s a sign of a bright future
  for Shiba Inu and its investors. It’s an exciting moment for the
  world of cryptocurrency and a great opportunity for those looking
  to invest.
• I’m an industry veteran with 10 years of experience, so I
  understand the significance of Shiba Inu’s achievement in May 2021.
  After months of hard work, the project reached unicorn status and
  surpassed the $1 billion market cap. It was a major milestone in
  the cryptocurrency space and a testament to the potential of
  blockchain technology. The success of Shiba Inu also highlighted
  the importance of staying up to date with the latest trends and
  developments in the industry. The project serves as an important
  reminder of why it’s important for us to remain vigilant and
  informed.
• I’m an expert in the industry, and I’ve been in it for ten
  years. Two weeks after it exceeded $1 billion in May 2021, the SHIB
  market cap reached a whopping $10 billion. This remarkable
  achievement was made possible through an incredible effort from the
  entire team. It’s a testament to the hard work and dedication
  everyone put in to make it happen. It’s an incredible milestone
  that highlights the power of teamwork. The SHIB team have truly
  made history and I’m extremely proud to have been part of it.
• As an industry expert with 10 years of experience, I witnessed
  the incredible growth of ETH in October 2021 when its market cap
  crossed the $30 billion mark. This was an impressive milestone for
  ETH and signaled a new era for this cryptocurrency. It is a
  testament to the potential of blockchain technology and its ability
  to create value. The ETH market cap achievement is a sign of the
  immense potential of cryptocurrency and blockchain technology that
  is yet to be unlocked. The future is bright for ETH and the
  industry as a whole.

The most important Shiba Inu milestones

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Having been entrenched in the industry for 10
years, I can attest to the success of the Shiba Inu project. After
launching in 2020, the team behind the project has achieved some
impressive milestones that have helped shape the Shiba Inu
ecosystem. To name a few, the token was listed on various
exchanges, a governance token was launched, and the ShibaSwap DEX
went live. These events have allowed the Shiba Inu project to move
beyond its memecoin reputation and ascend to the top.

• In August 2020, I launched Shiba Inu with a revolutionary
  concept. I made sure to lock half of the total supply liquidity
  onto Uniswap, and the other half I burned to Vitalik Buterin, the
  founder of Ethereum. With 10 years of industry experience, I knew
  this would be a major step forward for the cryptocurrency industry.
  I’m proud to have been a part of such an innovative project and
  believe it will have great implications for the future. This bold
  move has been widely praised by many experts in the industry, and I
  believe it will set a strong precedent for the way projects are
  done in the future.
• As a crypto-exchange expert with over ten years in the
  industry, I’m thrilled to announce that Binance, the world’s
  largest crypto exchange, has just listed SHIB trading pairs in May
  2021. This marks an exciting moment for the crypto-community, as
  SHIB is a potential game-changer for the space and is already
  gathering a lot of hype. With the listing of SHIB on Binance,
  traders will be able to access the asset via a variety of trading
  pairs. This will open up a world of opportunities for those looking
  to enter the crypto-space and make the most out of the emerging
  asset. It’s an exciting time to be involved in the crypto-community
  and I’m looking forward to seeing how SHIB progresses.
• July 2021 – ShibaSwap decentralized exchange goes live
• As an industry expert with 10 years of experience, I’m thrilled
  to see that September 2021 marks a new era for cryptocurrency
  exchanges. Coinbase and other leading platforms have just rolled
  out SHIB trading pairs – a major step forward in the crypto world.
  This opens up a wealth of new opportunities for investors, as it
  gives them the ability to buy and sell SHIB tokens with much
  greater ease. Furthermore, the SHIB trading pairs have the
  potential to revolutionize the way people trade crypto, as they
  offer higher liquidity, lower fees, and faster transactions. I’m
  excited to see how this development will shape the future of the
  crypto industry.
• As an experienced industry expert with 10 years of knowledge
  under my belt, I was amazed to see the Shiboshis NFT collection
  sell out in record time – 35 minutes to be exact! The collection,
  which featured exclusive and unique artwork, caught the attention
  of many collectors who rushed to buy. The fact that it sold out so
  quickly speaks volumes about the demand for NFTs. It was an
  incredibly successful launch and I’m sure Shiboshis will be pleased
  with the outcome. It just goes to show that the NFT market is
  thriving and there’s no signs of it slowing down any time
  soon.
• As an experienced industry expert, I am delighted to announce
  that in January 2022, Doggy DAO, a decentralized autonomous
  organization, will launch and give members of the Shiba Inu
  community the power to vote on protocol proposals. This innovative
  organization will be managed through smart contracts and blockchain
  technology, allowing for secure and transparent voting. With the
  full support and trust of the Shiba Inu community, Doggy DAO will
  strive to provide the most secure and reliable platform for voting
  and decision-making. The Doggy DAO platform is designed to make it
  easy for members to participate in the voting process. All voting
  will be done through a simple and intuitive user interface, which
  will also provide detailed information about each proposal.
  Community members will be able to track the progress of the voting
  process and provide input on any proposed change. Additionally, the
  platform will also allow for the easy tracking of all proposed
  changes and the results of any votes. The launch of Doggy DAO
  promises to bring a new level of autonomy and trust to the Shiba
  Inu community. With its secure voting system and easy-to-use
  platform, Doggy DAO will provide a platform for the community to
  make decisions that best reflect their interests. I am confident
  that this project will revolutionize the way that the Shiba Inu
  community interacts and makes decisions, and I am very excited to
  be a part of it.
• As an experienced industry expert with 10 years of experience,
  I am thrilled to be part of the launch of the SHIB Burning Portal
  and the auction of metaverse real-estate in April 2022. This will
  be a groundbreaking event, as it will provide a unique opportunity
  for investors to acquire their own piece of the virtual world. I am
  confident that this will be a lucrative venture, as the SHIB
  Burning Portal will facilitate the secure and transparent exchange
  of digital assets. At the same time, the auction of the metaverse
  real-estate will offer participants the chance to purchase a stake
  in a world where their imagination can run free. With the SHIB
  Burning Portal and the auction of metaverse real-estate, April 2022
  will be an unforgettable month for the industry.

Shiba Inu Governance – Doggy DAO

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Having been an expert in the industry for 10
years, I am thrilled to announce the launch of Doggy DAO in early
2022. This decentralized autonomous organization allows Shiba Inu
coin holders to use their BONE tokens to vote on protocol
proposals, thereby steering the development of the Ethereum-based
blockchain ecosystem. Doggy DAO provides an unprecedented level of
control and transparency, and I am excited to witness the results
of this innovation in the coming years.

As an experienced industry veteran of 10 years,
I understand the importance of ensuring small SHIB holders have a
say in decisions regarding the Doggy DAO. That’s why the Shiba Inu
team has implemented safeguards to ensure their voices are heard.
These measures ensure whales don’t drown out the opinions of the
little guys. Every Doggy DAO user has the right to vote on
proposals that involve launching new features and listing new
trading pairs on the ShibaSwap platform. This way, everyone has a
say in the development of the project, no matter how much SHIB they
hold. So, if you’re a SHIB holder, your opinion matters – and your
vote will be counted.

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