What is Shiba Inu coin worth?

 Several cryptocurrencies have been very successful in the past years and continue to be so even today. For example, Bitcoin is still one of the most popular cryptocurrencies due to its amazing feature for storing your money without having a bank account. The best thing about it is that you can transfer it or sell it without worrying about what’s happening while using this cryptocurrency. Ethereum, on the other hand, also has a great feature since the transaction speed continues to grow. If you want to buy ETH with a debit card online then you need at least 50ETH as a minimum to make use of the function. But how much does the SHIB coin have in terms of value? How many different kinds of coins do we have? Let’s find out from here!

Shiba Inu (SHIB) – A Short Intro:

Shibacoin is an open-source code-based programming language that was created by Japanese developers to develop decentralized applications based on blockchain technology. Since there were no such things before it, SHIB was created in 2015 through these three key goals. They are An easy-to-use language, a cross-platform environment, and a decentralized application development platform. These three goals could be achieved with only three features: smart contract, node, and SDK. With these three features being achieved, the team decided the next thing would be to take their efforts further and launch the new cryptocurrency called “B”. Now SHIB will become one of the most popular cryptocurrencies and will allow anyone to earn it and also have access to any source code. It is currently the highest valued token in the market and has already reached the rank of number 40 in 2017 according to CoinsGecko. Let us know what is SHIB coin, where you get the tokens, and what’s the latest news or updates about it on our Twitter.

What is SHIBcoin?

SHIB is the second largest cryptocurrency in 2018 and was launched three days ago August 21st. Although it was not officially launched until July 27th, people who have already purchased some SHIB tokens are getting more than they expected. So what is the SHIB coin worth?

The official website shows three different types of rewards: Earned tokens, Hard cap, and Bounty. You can read up on the different offers provided for those who have bought SHIB Tokens according to the reward structure, which is shown in Figure 1. When you invest, you can see what type of bonus you receive and how much time you have left in exchange for getting tokens from them. As of now, a maximum of 1000 tokens is available, but soon more tokens will be made available for purchase. So, if you have a hard cap of 10M at $0.000008, you can buy more tokens or start earning more tokens by buying more.

Figure 1. Rewards Structure

Shiba Token = 500S

The first SHIB token is used by CCOs to run basic operations in the ecosystem. Also, a small percentage of this token is used to give access to resources in the ecosystem. This token is used by others to run transactions on the network. To verify whether a user is a member of the community or not and to check why a user has paid or not, you need two tokens in your wallet:

Lucky: You will receive another SHIB token after making sure that you have enough on this token. Note 2: Lucky is limited to 100% capacity.

: You will receive another SHIB token after making sure that you have enough on this token. Note 2: Lucky is limited to 100% capacity. Main Market: Users will spend their tokens on services provided on Hub. More users and more service providers will make up the main trading market where users will spend their tokens to purchase them. More traders will make up the main trading market of crypto trading of the future! However, users will not be able to participate directly in the main market. Instead, users will be rewarded in Basic Locked Bonus when they pay for service or work on projects through the hub instead of mining. LBC is limited to 50,000 tokens but will be increased until full capacity, at which point, BBC will go down automatically.

The total amount of tokens that you can earn is 70000SHIB. Some interesting numbers are listed at the end of the article:

First Quarter : SHIB was sold at 20,000/ETH (2.5x its cost vs BTC = 0.04x).

: SIB was sold at / (2.5x its cost vs BTC = 0.04x). Total Trading Volume: Over 3 million SHIBs were traded last year!

: Over 3 million SHIBs were traded last year! Average daily active traders: 8,000-10,000 daily average.

: 8,000-10,000 daily average. Daily Trade Volume: 300-500X daily trades.

: 300-500X daily trades. Liquidity: 11,500 ETH on chain at 4,600 ETH.

: 11,500 ETH on a chain at 4,600 ETH. Chain Value: 13 million tokens (13%). Note that this includes 2.5 ETH in sales.

To stay updated on the prices of SHIB Coin and all the news related to them, follow the link given below.