110000 SHIBA INU To NAIRA | Convert 110000 SHIB To NGN - Live Price Converter

110000 SHIBA INU To NAIRA - Convert 110000 SHIB To Naira - SHIBA INU Coin to Naira NGN

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Shiba Inu Coin (SHIB) is a token that attempts to be an Ethereum-based equivalent to the popular memecoin Dogecoin (DOGE).

Unlike Bitcoin, which has limited supply, SHIBA INU Token is supposed to be plentiful - with a total supply of one Quadrillion coins.

The Shiba Inu Token ecosystem supports projects like the NFT art incubator and the creation of Shibaswap - a decentralized exchange.

SHIB is the "DOGECOIN KILLER" - according to the SHIBA INU website, and is listed on their own ShibaSwap, a DEX.

Shiba Inu coin was developed under the pseudonym "Ryoshi", in August 2020.

Ryoshi claims that he is a nobody and unimportant, and that any efforts to reveal his true identity, even if successful, would be disappointing.


Shiba Inu Coin (SHIB):

Shiba Inu (SHIB) was created to solve a simple question: What if a cryptocurrency project was managed entirely by its community?

SHIB is a token that aims to be an Ethereum-compatible Dogecoin substitute (DOGE).

Like DOGE, SHIBA INU Token is designed to be abundant, having a one Quadrillion coin initial circulating supply.

The Shiba Inu ecosystem also supports projects like the NFT art incubator and Shibaswap, a decentralized exchange.

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Who Invented The Shiba Inu Coin?

SHIB was launched in August 2020 by an unknown developer named Ryoshi

The project started with a total supply of one Quadrillion tokens, which is an enormous amount.

Vitaly Dmitriyevich ("Vitalik") Buterin is a Canadian programmer and writer who was born in Russia and is best known as one of the co-founders of Ethereum. 

Buterin was one of the first people to get involved with bitcoin, co-founding Bitcoin Magazine in 2011.

Buterin founded Ethereum in 2014, with Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin.

In November 2013, Buterin published the first white paper describing Ethereum.

Buterin had claimed that application development for bitcoin required a scripting language.

When he couldn't get anyone to agree, he advocated creating a new platform with a more general scripting language.


What Makes SHIBA INU So Special?

The SHIBA INU website enables dog-inspired artists from across the world to participate in the "creative Shiba movement" by introducing their SHIBA INU community to the NFT market.

SHIBA INU has also launched an Amazon Smile campaign to raise funds for the Shiba Inu Rescue Association, which rescues real, live Shiba Inu dogs.

After Vitalik Buterin publicly burnt his portion of the SHIB supply, Shiba Inu soared in popularity after being only one of many meme coins.

Buterin was handed half of the SHIB supply by Ryoshi, who stated that "as long as Vitalik doesn't rug us," Shiba Inu would be alright.

Buterin, on the other hand, chose to destroy 90% of his stake, which would have been worth billions had SHIB's value risen.

The remaining 10% was donated to charity, along with an additional 50 trillion SHIB that Vitalik had donated to a CO.VID-19 relief fund. 

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Unlike Dogecoin, SHIB is creating a full ecosystem called ShibSwap around itself. ShibaSwap now only has two tokens: LEASH and BONE.

LEASH was once a rebase token, however the creators recently removed it to maximize the token's potential.

It has a total supply of 107,646 tokens and is used on ShibaSwap to provide various incentives and prizes.

BONE is a governance token that enables the #ShibArmy to vote on new proposals for Doggy DAO, the most recent project.

The total supply of BONE is 250,000.

SHIB token was created with the intention of being just another "meme" token, but it has evolved into its own ecosystem with a thriving community. Binance Academy has further information on the coin.

Shiba Inu helps the #ShibArmy by establishing an atmosphere that encourages activity and growth.

The Shiba Inu Incubator was developed to assist holders in locating the resources they need to bring their artwork to life.


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