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About Shiba Narium

What is Shiba Narium (SHIBM)?

Shiba Narium (SHIBM) is a liquidity-based meme token based on Binance Smart Chain (BSC). According to the whitepaper, the platform aims to build traditional financial ideas in a more decentralized, trustless, and mechanized way, keeping users' data confidential and private. However, the medium works as a proof-of-liquidity token that doesn't allow unpredictable spikes. Besides, the network ensures high stability of token prices, giving the holder of the token a sense of authority.

In addition, this network plans to establish an environment to make a trial with a deflationary liquidity-based DeFi token. Besides this, the currency seeks to develop a decentralized local area that urges new members to remain as dealers or clients of the platform. Moreover, the asset uses BSC because of:

  • Small transaction fees

  • Challenging cross-chain technologies that improve DeFi interoperability

  • High performance that generates a block every 3 seconds

Furthermore, as stated on the website, the features of Shiba Narium are:

  • Locked Liquidity: The medium seeks to lock liquidity to provide users with an ease of mind that no rug pulls are at play.

  • Charity: Charitable organizations aim to share some profit experienced by the Shiba Narium community.

  • Earn Passive Income: Holding SHIBM tokens, users can earn passive income through HOLDR rewards. HOLDR rewards are equal to dividends in the stock market.

  • Community Drive: The medium is designed to reward the community.

  • Automated Liquidity: The medium has 8% automated liquidity and automated buyback.

  • Token Burning: Shiba Narium regularly burns the token and automatically maintains deflationary status. Burning is a method where users remove tokens from circulation and reduce the number of coins in use.

The Shiba Narium token symbol is SHIBM, and it runs on the BEP-20 network. The platform's mission is to build a reliable climate by keeping up the deflationary cost of tokens and rewards for symbolic holders.

The current price is $12.011619 per SHIBM. The new price represents a new all time high of $12.011619.

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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

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