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Shiba Inu
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Shiba Inu

(

SHIB

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Data Source: coingecko

SHIB

Price Today in TWD

The live price of Bitcoin is NT$-.- per (BTC / TWD) with a current market cap of NT$-.-. 24-hour trading volume is NT$-.-. BTC to TWD price is updated in real-time. Bitcoin is -.-% in the last 24 hours with a circulating supply of -.-.
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Bitcoin News Today

2026-08-05
AI Summary
Shiba Inu Transitions from Meme to Utility Powerhouse

Shiba Inu Transitions from Meme to Utility Powerhouse

Shiba Inu (SHIB) is defying market expectations today, showcasing impressive price resilience as it aggressively transitions its narrative from a speculative meme coin to a comprehensive decentralized ecosystem. Trading volumes for SHIB have surged significantly over the past 24 hours, heavily influenced by the growing adoption and total value locked (TVL) within its proprietary Layer-2 scaling solution, Shibarium. This infrastructural leap has drastically reduced transaction fees and increased speeds, allowing for a thriving environment of decentralized finance (DeFi) and non-fungible token (NFT) projects. Furthermore, the community-driven token burn mechanism continues to permanently remove massive quantities of SHIB from circulation daily, creating a compelling deflationary dynamic that appeals to retail investors. Market experts are closely monitoring the continuous expansion of the Shiba Inu ecosystem, which now includes decentralized exchanges, metaverse land, and upcoming gaming titles. This multifaceted approach is successfully anchoring user retention. While the asset remains prone to high volatility, the underlying technical developments suggest that SHIB is solidifying a lasting, utility-driven presence in the highly competitive digital asset market.
Notice: For information only. Not financial advice. Do not rely on this for trading.

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Bitcoin  Disclosure

1. Issuer Information
  • Shiba Inu was founded by the anonymous founder Ryoshi in August 2020.
  • The goal is to establish a decentralized cryptocurrency project driven entirely by the community.
2. Issuance Plan Description
  • Shiba Inu's goal is to create a decentralized ecosystem that enables community members to autonomously participate and manage.
  • The ecosystem also aims to support various charitable causes and animal rescue activities.
3. Issuance Quantity, Price, and Other Subscription Conditions
  • The total supply of SHIB tokens is 1,000 trillion.
  • 49.5% was locked in Uniswap's liquidity pool as initial trading liquidity.
  • The remaining 50.5% was sent to Ethereum founder Vitalik Buterin's address.
  • In May 2021, Vitalik destroyed 90% of his held SHIB by sending it to a black hole address, and donated the remaining 10% to charitable organizations.
4. Public Offering and Listing Information
  • The whitepaper does not disclose relevant information.
  • Supplementary data shows SHIB tokens have been listed on several major exchanges, including Binance, Coinbase, and Kraken.
5. Relevant Project Information
  • The Shiba Inu ecosystem plans to develop the decentralized exchange ShibaSwap.
  • It also plans to develop other tokens, such as LEASH and BONE.
  • The aim is to provide users with diverse DeFi services.
6. Rights and Obligations
  • Users holding SHIB tokens can participate in various ecosystem activities, such as staking and liquidity mining.
  • Rights:
    • Ecosystem participation: Holders can use SHIB tokens to trade, provide liquidity on ShibaSwap, and participate in other DeFi activities.
    • Governance participation: Although the official documentation does not explicitly state the governance function of SHIB tokens, other tokens within the ecosystem (such as BONE) are used for governance voting in the decentralized autonomous organization (DAO).
  • Obligations:
    • Risk assumption: Users must bear associated risks when participating in ecosystem activities, including but not limited to market volatility and technical vulnerabilities.
    • Protocol compliance: Participants should adhere to the rules of the various protocols and platforms within the Shiba Inu ecosystem to ensure healthy operation.
7. Technology Used
  • SHIB tokens are based on the Ethereum blockchain.
  • They are ERC-20 standard tokens.
  • The tokens utilize smart contracts to implement decentralized financial services.
8. Risk Disclosure
  • Risk factors include:
    • Technical risk: Smart contracts and blockchain technology may have vulnerabilities, potentially leading to fund loss or other security issues.
    • Liquidity risk: Trading on decentralized exchanges (such as ShibaSwap) may face insufficient liquidity, affecting transaction smoothness.
9. Consensus Mechanism
  • SHIB tokens are based on the Ethereum blockchain, which initially adopted the Proof of Work (PoW) consensus mechanism.
  • Following the upgrade to Ethereum 2.0, the mechanism converted to Proof of Stake (PoS) consensus.
  • Additionally, the Shiba Inu ecosystem launched its own Layer 2 blockchain solution, Shibarium.
  • Shibarium, as a sidechain of Ethereum, aims to provide faster and lower-cost transactions.
10. Other Relevant Information
  • The Shiba Inu community actively participates in charitable activities.
  • It established the "SHIB Rescue Fund," donating part of the funds to animal rescue organizations.