STABLE COINS, THEIR CONTRROVERSY AND POTENTIAL RISK

By RCryptoNews • 2 years ago
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Shiba Inu Coin, otherwise known as SHIBA INU (SHIB), has come a long way since it was first launched in August 2020. Developed by a team of dedicated developers, it is a decentralized, open source cryptocurrency based on the Ethereum blockchain. And with market capitalization of over one quadrillion in circulation, it's become one of the top digital currencies in the world. The main objective behind SHIB was to create a fun and well-balanced crypto asset that would not be dominated by whales. Unlike Bitcoin or Ethereum, users are able to easily purchase SHIB from online exchanges, as well as from peer-to-peer platforms. With no central servers to maintain, it gives users greater control over their crypto assets. The SHIBINU or ‘Dogecoin Killer’ has quickly gained popularity in recent months. It has gained a dedicated fan base due to its easy accessibility, reliable technology and adorable mascot named Shiba Inu. The evolutionary journey of SHIB has been nothing short of incredible. From its initial launch to the rising demand of SHIB and its Shiba Inu mascot, it’s no surprise that this virtual currency is catching the interest of many. With its rapid rise in popularity, it’s likely that SHIB will continue to be a staple in the world of digital currencies. Beyond being a deflationary asset, SHIB is a token of “community building” that reflects all the qualities and personalities of its mascot, the Shiba Inu dog. With vibrant communities from around the world, and a wide variety of events happening on-chain, SHIB is the perfect digital asset to get involved in. So join the global community of SHIB and take charge of your financial future today. Buy, hodl, and enjoy the journey of SHIB as it continues to develop and grow.
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