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About Shina Inu

Shina Inu (SHI) is a decentralized meme token that operates on the Ethereum blockchain. It is a community-driven project that strives to contribute to the crypto community, support charitable causes, and establish a connection with the Shiba Inu token. Shina Inu is not just a token, but also a platform for NFT sales, which are used to fund the team and intends to provide features such as access to events and rewards. The Shina Inu token is built on the Ethereum platform, utilizing the features Ethereum provides. The token is not a cryptocurrency in the strict sense, but rather a token built on top of a host blockchain.

Shina Inu operates through a unique mechanism that involves burning tokens, which are sent to an inactive wallet, thereby reducing the total number of tokens in circulation. This process intends to create a deflationary effect, which may affect the market cap if demand changes. Shina Inu also has a Charity Burn Mechanism, which burns community staked tokens from a new burn bank as donations occur. This mechanism consists of two pools: the Donation Pool, which receives non-SHI assets on the Ethereum blockchain, and the Shina Burn Bank, where SHI or SHIB can be deposited and burned as donations occur.

Shina Inu seeks to serve multiple purposes within the crypto community. It strives to support Shiba Inu adoption, uniting Shina Inu and Shiba Inu enthusiasts. The token also aims to support charitable organizations working towards alleviating poverty. Furthermore, Shina Inu seeks to support the cryptocurrency development community and artists through contests, NFT sales, giveaways, and other means. The token's deflationary mechanism may be of interest to users observing tokens with decreasing supply. Lastly, the token's connection with NFTs opens up possibilities for use in digital art, collectibles, and access to events and rewards.

Shina Inu was founded by a community passionate about crypto and decentralization. The project started with the creation of the Shina Inu token and the establishment of a website and accounts in early 2022. The team then minted the first batch of NFTs and initiated a liquidity pool. The Shina Inu Token contract, a copy of Shiba Inu’s contract, was created, and the token was made available on various platforms. The team also burned its NFT and the dev wallet containing 19% of the supply. The project has a Charity Burn Mechanism and intends to develop further.

Market

Germany Market Stats

Market cap

€8.6M

Volume (24h)

€309,316.07

Circulating supply

12.2T SHI

All time high

€0.000106

Price change (1h)

+0.28%

Price change (24h)

+9.26%

Price change (7d)

+13.53%

Germany News about Shina Inu

DL News • Apr 28, 24

Franklin Templeton’s $380m BENJI token upgrade is just for institutional investors — for now

Some investors can trade Franklin Templeton’s tokenised fund on the Stellar blockchain.

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BeInCrypto • Apr 27, 24

Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS)

Vitalik Buterin said the PoS transition was necessary to align with the network's long term goal and also address energy consumption concerns.The post Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS) appeared first on BeInCrypto.

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The Block • Apr 27, 24

DOJ says Roman Storm did much more than just write code in response to defense’s dismissal motion

Government prosecutors have contested the notion that the Tornado Cash developer's case is all about the freedom to write code for the blockchain.

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The Defiant • Apr 27, 24

Our Most Read Stories This Week: Telegram & Stripe Payments; $12M CryptoPunk; Consensys vs. SEC; Renzo Depeg

The Defiant's most read stories for the week of April 22.

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BeInCrypto • Apr 27, 24

Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights

This move reflects Oklahoma's commitment to protecting its residents' Bitcoin ownership rights amid ongoing regulatory challenges facing the cryptocurrency industry nationwide.The post Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights appeared first on BeInCrypto.

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BeInCrypto • Apr 27, 24

New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto

UK's new cryptoasset legislation enables authorities to confiscate items like passwords and memory sticks that could aid criminal inquiries.The post New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto appeared first on BeInCrypto.

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Shina Inu is on the rise this week.

The price of Shina Inu has increased by 0.28% in the last hour and increased by 9.26% in the past 24 hours. Shina Inu’s price has also risen by 13.53% in the past week. The current price is €0.00000070 per SHI with a 24-hour trading volume of €309.32K. Currently, Shina Inu is valued at 99.34% below its all time high of €0.000106. This all-time high was the highest price paid for Shina Inu since its launch.

The current circulating supply of Shina Inu is 12,215,422,502,184 SHI which means that Shina Inu has as total market cap of 12,215,422,502,184.

FAQ

What is the current price of Shina Inu?

We update our Shina Inu to EUR currency in real-time. Get the live price of Shina Inu on Coinbase.

What is the market cap of Shina Inu?

The current market cap of Shina Inu is €8.56M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Shina Inu?

The all-time high of Shina Inu is €0.000106. This all-time high is highest price paid for Shina Inu since it was launched.

What is the 24 hour trading volume of Shina Inu?

Over the last 24 hours, the trading volume of Shina Inu is €309.32K.

What other assets are similar to Shina Inu?

Assets that have a similar market cap to Shina Inu include SpookySwap, RAI Finance, Unibright, and many others. To see a full list, see our comparable market cap assets.

How many Shina Inu are there?

The current circulating supply of Shina Inu is 12 trillion.

Can I buy Shina Inu on Coinbase?

Yes, Shina Inu is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Shina Inu guide.