SHIBARIUM, SHIB, The Metaverse , Shiba Inu is Really a Dogecoin Killer ?

Shiba Inu is a decentralized cryptocurrency that was created in August 2020 as a joke based on the popular "Doge" meme. Despite its origins, Shiba Inu has gained a strong following and has become one of the top 50 cryptocurrencies by market capitalization.


The key feature of Shiba Inu is its fast and low-cost transactions, making it ideal for everyday use. The currency uses the Ethereum blockchain and is fully decentralized, meaning that there is no central authority controlling it. This ensures that transactions are secure and transparent.

Shiba Inu has a total supply of 1 quadrillion tokens, with 50% of the supply locked up in a smart contract and the remaining 50% distributed to holders of Ethereum. This is designed to prevent price manipulation and promote long-term growth.

The popularity of Shiba Inu has been driven by its strong community of supporters, who have been active in promoting the currency through social media and other online channels. The community is also responsible for developing various applications and services that make it easier for people to use and hold Shiba Inu.

Investing in Shiba Inu can be a high-risk, high-reward proposition. As with any cryptocurrency, the price of Shiba Inu can be highly volatile and is subject to sudden fluctuations. It is important to thoroughly research and understand the risks before investing.

 Shiba Inu is a fast and low-cost cryptocurrency that has gained a strong following due to its unique features and active community. Whether you are a seasoned cryptocurrency investor or a new investor looking to diversify your portfolio, Shiba Inu is definitely worth considering.

 

 

Shiba Inu is a cryptocurrency that has gained popularity due to its fast and low-cost transactions, strong community, and innovative features. Some key insights about Shiba Inu include:

- Decentralized: Shiba Inu is fully decentralized and operates on the Ethereum blockchain, ensuring secure and transparent transactions.

- Large Supply: Shiba Inu has a total supply of 1 quadrillion tokens, with 50% of the supply locked up in a smart contract to prevent price manipulation.

- Active Community: The strong community of supporters is one of the key factors driving the popularity of Shiba Inu and has been instrumental in promoting the currency and developing various applications and services.

- High Risk, High Reward: Investing in Shiba Inu can be a high-risk, high-reward proposition, with the price subject to sudden fluctuations.

 - Potential for Long-Term Growth: With its innovative features and active community, Shiba Inu has the potential for long-term growth, making it a potential investment opportunity for those interested in cryptocurrency.

It is important to keep in mind that Shiba Inu is a relatively new cryptocurrency and may be subject to regulatory changes or other risks. As with any investment, it is essential to thoroughly research and understand the potential risks before investing in Shiba Inu or any other cryptocurrency.

 

 
 
Investing in Shiba Inu or any other cryptocurrency involves a significant amount of risk, and it's important to understand these risks before investing. Some of the risks associated with Shiba Inu include:

1. Volatility: The price of Shiba Inu can be highly volatile, subject to sudden fluctuations that can result in substantial losses.

2. Regulatory Risks: Cryptocurrency is a relatively new and evolving area, and there may be future regulatory changes that could negatively impact the value of Shiba Inu or other cryptocurrencies.

3. Limited Use Cases: Currently, there are limited use cases for Shiba Inu and other cryptocurrencies, and the currency may not gain widespread adoption or use.

4. Security Risks: As with any cryptocurrency, there is a risk of hacking, theft, and other security breaches that could result in the loss of funds.

5. Market Risks: The cryptocurrency market is highly speculative and subject to rapid changes in sentiment. Economic, political, or other events could cause significant changes in the value of Shiba Inu or other cryptocurrencies.

6. Liquidity Risks: Cryptocurrency exchanges and marketplaces can be subject to liquidity risks, making it difficult to sell or trade Shiba Inu or other cryptocurrencies.

It is essential to thoroughly research and understand the potential risks before investing in Shiba Inu or any other cryptocurrency. Additionally, it's important to diversify investments and not to invest more than you can afford to lose.

Future

The future of Shiba Inu and any other cryptocurrency is inherently uncertain and subject to a variety of factors that could impact its value and success. Some of the potential factors that could impact the future of Shiba Inu include:

•     Adoption: The success of Shiba Inu will depend on its ability to gain widespread adoption as a means of payment and store of value.

•     Competition: Shiba Inu faces competition from other cryptocurrencies and traditional financial systems, and it will need to differentiate itself and offer unique benefits to succeed.

•     Regulatory Environment: The regulatory environment for cryptocurrency is still evolving, and future regulations could impact the value and use of Shiba Inu.

•     Technological Advances: The cryptocurrency market is rapidly evolving, and new technological advancements could impact the future of Shiba Inu and other cryptocurrencies.

•     Market Sentiment: The cryptocurrency market is highly speculative and subject to rapid changes in sentiment, which could impact the future of Shiba Inu.

 
The future of Shiba Inu is uncertain and subject to a variety of factors that could impact its value and success. As with any investment, it is essential to thoroughly research and understand the potential risks before investing in Shiba Inu as any other cryptocurrency.

 

 

This is the background of the Siba Inu, worldwide, as there are many who bet in favor among the personalities Like Elon Musk and Vitalik Buterin, there are several a community of considerably large detractors experts, they claim that the project can disappear from one hour to another with the assets of investors so they suggest not investing in this memecoin and if you have any inertic capital in it to get out of these cryptoactives as fast as possible so as not to lose the money that was already invested in it because of its high volition, but only in projects where the greatest profits are especially for the Small-Time Investors.

 In recent months it has been losing much of its price its market capitalization is currently Market Cap of $ 6.7 million and Fully Diluted Market Cap of $ 7.2 million.

The daily price variation is between 8 to 10% negative or in decrease allways changing to 5 to 7% grow.

 

It is a Metaverso project immersed in virtual reality, where there are several characteristics that have brought success and good profits to other NFT games of the medium with which you will find similarities, to follow the details of this project:

The introductory phase was launched April 13, 2022 with the unlocking of 36 431 NFT in the form of digital lands of a total Shib universe of 100,595.

 

The four levels of land in the metaverso of Shiba are the following:

•      Tier 4: Silver Fur: 17,030 Lands for 0.2 $ eth or equivalent in Shiba Tokens
•      Tier 3: Gold Tail: 7,356 Lands for 0.3 $ eth or equivalent in Shiba Tokens
•      Tier 2: Platinum Paw: 5,714 Lands for 0.5 $ eth or equivalent in Shiba Tokens
•      Tier 1: Diamond Teeth: 2,024 Lands for 1 $ eth or equivalent in Shiba Tokens

Although users have begun to buy Shib land, Shib's metavers will not be officially launched until Shibarium is implemented where he will stay.

The Shibarium is  a Ecosystem  wich the transactions occur “off-chain”  by distributing the bulk of the processing work to the L2 blockchain, bandwidth is reduced, which reduces end users' processing times and costs (gas fees) that run on Ethereum blockchain   which the SHIB  tokens (SHIB, LEASH & BONE) improving user experience and the crypto space.

 

Shibarium has unleashed a progressive and efficient security, innovation, and scalability within DeFi circles and more widely across blockchain technology with faster transaction times, lower fees, and an expanded development framework improving   user experience for metaverse, web3, gamming, NFT¨s art and music, and digital real estate, Social Media, Education, and Supply Chains.

 

The next Shibarium public beta deploymentis in  focus on optimizing the go-ooo application, which interacts with OoO data.

Shibarium use SHIB ecosystem tokens (SHIB, LEASH & BONE.

 $BONE is to pay for gas transactions and reward Validators and Delegators within the Shibarium and you can obtain through ShibaSwap and other decentralized and centralized platforms,  for this you need   the contract address as follow:

 0x9813037ee2218799597d83d4a5b6f3b6778218d9

 

 

How to participate in the Shibarium

 

 

How Enrollment process for Validators and Delegators

For become a Delegator the requirement is must hold a certain amount of the network's native token staking  in order to participate in the validation process depend on available stake in the network.

For become a Validator alsohave  minimum stacking of 10,000 $BONE and  requires setting up and running a node with Limited to 100 slot. 

The quantity of Delegators is ilimited but theValidators as slots and news access will happens when an active Validator leaves or loses their slot in the network.

 

 

 

In the web now exist The Shibarium’s testnet faucet  dispensing of a small amount of Token ( cryptocurrency) to users for test the on the network sistem, Shibarium testnet will utilize a $BONE test token.

Checkpoint time to be confirmed once the network is running.

$TREAT Token is not deployed at this moment, so it doesn't exist. 

Shibarium's Transactions

$BONE is the token for the operability of transactions.

This gas fee is use for the costs associated  that included  Validators rewards  in form of return for staking their $BONE and validating blocks, in this moment gas fee  is  passing for improve process with a data analysis provider for Testnet, the developers team working for be  lowest on comparassion Ethereum fees.

As another the network will have an burn amount for $SHIB token, using in this own network and will be reflected in the total token supply,  reflecting direct impact on the circulating amount of the $SHIB supply over time.

Shibarium's Mainnet launch includes plans to integrate ShibaSwap allow users  to access all staking and liquidity pools efficiently.

 

Shibarium is currently in development all data will change and  accurate before making a final decision for all part of the network.

Currently you are unable to claim or exchange these tokens for cryptocurrencies  beacause are not real assets , these tokens is  only used in a test enviroment so there will be no worth holding them expecting to gain any value, we have to wait until a formal public announcement.

 

 

 

As for the rivalry between Dogecoin (Bitcoin Technology) and the Shiba Inu (Ethereum Technology), they would basically say that they are very different and that both contribute to the universe of cryptocurrencies in different aspects that enrich the world of possibilities of investitors at level World, but if we see it from a different point of view, it is the eternal rivalry between Bitcoin and the Ethereum transferred to two Coins memes, so each one must always choose oriented by professionals and with their due study to reach the final shot of decisions.

In this post we share the current information  about Shiba Inu, Shibarium, Shib Metaverse and why could be Dogecoin Killer in close future,  we wait for your comments