What Is American Shiba (USHIBA)?

American Shiba (USHIBA) is a cryptocurrency displayed as the outcome of like-minded people aiming toward impacting the global and local communities via economic development.

As per the whitepaper, USHIBA is entirely community-driven and based upon the Ethereum blockchain. Traders holding USHIBA are part of an ecosystem wherein the associates believe in charity causes and decentralization. All the long-term traders have a say in choosing the missions and directions of the community. The project’s aim is to take honor and accountability to make the world a more suitable place in every imaginable way.

The platform focuses on five challenges usually faced by the community:

• Cryptocurrency is favorably volatile. Alternative cryptocurrencies (altcoins) and, more particularly, meme tokens are usually subject to higher volatility. 

• Cryptocurrency is disruptive in nature. Every day, more companies and asset management businesses invest in new ways by which crypto can advance traditional applications, network systems, and protocols and transform them for the digital age. 

• Cryptocurrency is very competitive. Existing tokens and coins fight every day for market share, and they launch all the time, raising competition. 

• Cryptocurrency is not bound with any national monetary policy and the traditional institutional severities for commerce.

• The last challenge for USHIBA's success is creating trust amongst the community and entrusting them with its vision. Hence, they decide to pursue the noble pursuit of building, developing, and extending American Shiba.

The American Shiba ecosystem and community always brace themselves for these challenges in all the forms they present and reduce them creatively and with a rational mindset. The platform supports success in creating virtuous processes of mutual benefit to decrease the chance of predatory traders, bad actors, or negative entities entering the American Shiba ecosystem or community.

USHIBA token is native to the platform. USHIBA contract code powers the token-renounced ownership, which undermines the power to change the contract code or change the parameters that created it; this includes burning existing tokens, mining new tokens, or removing any blocked wallet addresses.

History of American Shiba (USHIBA)

On May 11, 2021, American Shiba got listed on various exchange platforms. In the third quarter of 2021, American Shiba stabilized its core team and enhanced the official website of the platform.