Shiba Monk (SHIBAMONK) is a community-driven cryptocurrency with a vision to encourage mindfulness among people. Anxiousness and depression are difficult to battle. The cryptocurrency wishes to educate people on ways to nurture their mental health. The goodness of practicing mindfulness enables people to control their emotions better, decrease stress, and lessen anxiety. Shiba Monk envisions setting up a platform that rewards users for practicing mindfulness. The platform envisions making education on mindfulness accessible for all.

Meme coins and the entire Binance ecosystem, including the blockchain and the decentralized exchange (DEX), are flourishing. Shiba Monk has the vision to stand out as a crypto coin combining the Binance world, the Doge community, and the NFT marketplace. Besides creating an expansive meme community, Shiba Monk plans to build Binance charity schools worldwide.

SHIBAMONK is a meme coin functioning on the Binance Smart Chain (BSC). Meme coins are created using internet jokes and memes as inspiration. As its whitepaper mentions, the cryptocurrency picks up a few lessons and tricks from meme coins like Safemoon, Doge, and Shib. SHIBAMONK is a crypto token exclusively created by the Binance community and meme coin fans. The token intends to facilitate better transaction speed while impressing the Doge and the Binance community. 

SHIBAMONK is a hyper-deflationary token, which implies the cryptocurrency intends to increase the value of the tokens by lowering the supply of the crypto coins in circulation. Less minting of coins increases the value of the crypto assets when the demand is high. Shiba Monk features a static reward system. In this system, transactions conducted using SHIBAMONK are taxable. Three percent of the acquired taxes are distributed among token holders as passive rewards. Shiba Monk allocates 2 percent of the taxes to repurchase tokens while ensuring a stable rise in the cryptocurrency value.

The crypto coin encourages users to stake SHIBAMONK for additional token rewards. Shiba Monk seeks to launch the Shiba Monk farm, allowing users to increase their passive earnings by holding and farming the tokens. Users can put SHIBAMONK in liquidity pools to facilitate seamless trading of crypto assets on a decentralized exchange. 

The initial total supply of the Shiba Monk token is 1,000,000,000,000,000 SHIBAMONK.