What Is Bitshiba (SHIBA)? 

Bitshiba is a peer-to-peer digital token seeking to value and serve its community in all possible ways. According to its whitepaper, Bitshiba is a meme token that aims at empowering the community by allowing users to enjoy maximum control of the project. In other words, the community members can have the power of developing the Bitshiba project under the DAO (decentralized autonomous organization) governance and decide the best factors for its further improvement. Now, DAO is an organization created by crypto developers to automate the decision process and facilitate crypto asset transactions.

Interestingly, Bitshiba has a mission to bring an all-inclusive blockchain ecosystem using its own native token $SHIBA and the store of value. Moreover, the digital token plans to introduce seamless cross-chain transactions on the blockchain, farming, advanced next-generation NFTs, and staking as an active part of its blockchain ecosystem. 

Furthermore, Bitshiba is preparing to launch a leading-edge blockchain protocol on the versatile Binance Smart Chain (BSC). Nonetheless, Binance Smart Chain operates smart contracts with improved efficiency and speed, offering its users high standard safety and security. Because of the lightning-fast swaps and low transaction fees, the Binance Smart Chain has been widely preferred in DeFi (decentralized finance) circles.

According to tokenomics, Bitshiba is well-described as a fixed-supply token, which means minting or creating new tokens is out of the question. Also, the tokens already created are the only digital tokens that exist and circulate. To be clear, the launching of $SHIBA is absolutely transparent and fair with zero team tokens or presale. 

However, 50% of the tokens are put into the liquidity pool. On the contrary, the leftover 50% of the tokens are destroyed forever through the burning process. In addition, the majority of the $SHIBA DEX liquidity is locked for as long as 2099. However, the Bitshiba community can enjoy 100% of all the tokens. 

History of Bitshiba (SHIBA) 

Bitshiba is a new coin, also an upgrade form of the primary Shiba Inu or Dogecoin. Also, the coin was introduced in November 2021. Accordingly, the total supply of the token is 1,000,000,000,000,000 $SHIBA.