{"id":29062,"date":"2024-12-17T12:08:18","date_gmt":"2024-12-17T12:08:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=29062"},"modified":"2024-12-17T12:08:18","modified_gmt":"2024-12-17T12:08:18","slug":"shiba-inu-related-project-introduces-a-special-airdrop-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=29062","title":{"rendered":"Shiba Inu-Related Project Introduces a Special Airdrop: Details"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Shifu, a new meme coin in the Shiba Inu ecosystem, has a total supply of 100 billion tokens, with 30% allocated for a community airdrop.<\/span>
\nDespite the effort, SHIB\u2019s valuation remains stable at $0.00002733. However, a 240% surge in large transaction volume and Shibarium\u2019s rapid progress could boost the asset\u2019s utility and drive future price increases.<\/p>\n

<\/a><\/span><\/h2>\n

The Terms and Conditions<\/h2>\n

Shifu \u2013 a new meme coin project introduced by the Shiba Inu ecosystem \u2013 launched an airdrop exclusively for the SHIB community.<\/span><\/p>\n

The total supply of SHIFU is 100,000,000,000 coins. The project <\/span>revealed<\/span><\/a> that 30% of that amount will <\/span>be allocated<\/span> for the community airdrop, with 50% unlocked during the Token Generation Event (TGE) and the rest released in the next four weeks. The team will require a snapshot from eligible users, but the final deadline has not yet <\/span>been announced<\/span>.\u00a0<\/span><\/p>\n

It is important to note that 22,000,000,000 SHIFU tokens will <\/span>be distributed<\/span> to some of those holding at least 100,000 SHIB and 100 BUBBLE.\u00a0<\/span><\/p>\n

2,000,000,000 SHIFU will be allocated to eligible LEASH holders, while lucky BONE owners will receive 1,000,000,000 SHIFU. The remaining 4,000,000,000 tokens <\/span>are meant<\/span> to reach the BUBBLE community.\u00a0<\/span><\/p>\n

The team added that 70% of the total supply (70 billion SHIFU) will <\/span>be distributed<\/span> for other purposes. <\/span>40<\/span> billion tokens will go to the \u201cliquidity and public pre-sale\u201d section, 20 billion will reach treasury, whereas 10 billion will fund marketing initiatives.\u00a0<\/span><\/p>\n

SHIFU is a dog-themed meme coin that has yet to go live. Earlier this month, the popular X user Lark Davis <\/span>described<\/span><\/a> it as \u201cthe master of all,\u201d highlighting its legitimacy due to its connection with Shiba Inu\u2019s developers.<\/span><\/p>\n

SHIB Price Outlook<\/span><\/h2>\n

The announced airdrop <\/span>seems to have<\/span> caused little-to-no price volatility for the second-largest meme coin.<\/span> SHIB is up a mere 1.5% in the last 24 hours, currently trading at around $0.00002733. Its market capitalization remains <\/span>hovering<\/span> at approximately $16 billion, making the asset the 15th-biggest in the entire crypto sector.<\/span><\/p>\n

<\/a>SHIB Price, Source: CoinGecko<\/p>\n

On the other hand, some <\/span>important<\/span> metrics suggest that Shiba Inu may experience a much more substantial increase <\/span>in the near future<\/span>. One <\/span>of those<\/span> is the <\/span>large<\/span> transaction volume (where each SHIB transaction is <\/span>greater<\/span> than $100,000). <\/span><\/p>\n

According to IntoTheBlock, the figure has <\/span>soared<\/span><\/a> by 240% <\/span>on a daily scale<\/span>, reaching $175 million. Such a spike might be interpreted positively by traders, driving further demand for SHIB and pushing the price upward.<\/span><\/p>\n

Shibarium\u2019s progress is also worth mentioning. The layer-2 scaling solution has been processing millions of transactions in the past several days, <\/span>blasting<\/span><\/a> through numerous milestones. <\/span>Shibarium\u2019s advancement can <\/span>have a notable impact on<\/span> SHIB\u2019s valuation due to its role in improving the utility, adoption, and efficiency of the entire ecosystem.<\/span>\u00a0<\/span><\/p>\n

The post Shiba Inu-Related Project Introduces a Special Airdrop: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Shifu, a new meme coin in the Shiba Inu ecosystem, has a total supply of 100 billion tokens, with 30% allocated for a community airdrop. Despite the effort, SHIB\u2019s valuation remains stable at $0.00002733. However, a 240% surge in large transaction volume and Shibarium\u2019s rapid progress could boost the asset\u2019s utility and drive future […]<\/p>\n","protected":false},"author":0,"featured_media":29063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-29062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/29062"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29062"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/29062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/29063"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}