What are dogecoin and shib like

1. Is it the same size as Zibi and Dogecoin?

And Zibi and Dog

2. What is shib?

SHIB coin, also known as Shiba Inu coin (the second Doge coin), is a decentralized and spontaneous community building experiment.
The Shiba Inu Token is the first token of the Shiba Inu community, allowing users to hold billions or even trillions of Shiba Inu Coins. SHIB coin is the abbreviation of DOGECOIN KILLER. This ERC-20 Only token can hold the price around a point and still outperform Dogecoin for a short period of time (relatively speaking). Shib Token is the first cryptocurrency listed and encouraged by ShibaSwap, a decentralized exchange for the Shiba Inu community. It is popular all over the world and its value has increased thousands of times. Currently, the Shiba Inu community has locked 50% of the total supply of Uniswap and lost the key! The remaining 50% was burned into Vitalik bartling, and this coin is the first project along this road for the Shiba Inu community, so everyone has to buy it on the open market, so that developers can’t put their team Coins are dumped in the community, ensuring fair and thorough decentralization.
Expansion information
1. Development history. In August 2020, Shiba Inu Dogecoin was born, with a circulation of 1,000 trillion yuan. On May 7, 2021, Ayaka Mizuno, an independent director of Tesla and former chief investment officer of Japan’s pension fund, Hiroshi Mizuno, said on social media: “Investors can trade Shiba Inu Dogecoin in the short term, but don’t do this to their Shiba Inu dog. .” Elon Musk immediately responded: “I’m looking for a Shiba Inu dog (coin)!” As of May 9, 2021, the Shibuya coin has skyrocketed by nearly 1,200% in a single day. On May 10, 2021, according to foreign media reports, the virtual currency Shibuya coin after dogecoin entered people’s field of vision. In just two days, Cane Coin became the world’s first cryptocurrency made from a cheap altcoin. On May 13, 2021, God V donated 50 trillion SHIB tokens (about 1.2 billion US dollars) to the Indian New Coronary Pneumonia Relief Fund. On May 17, 2021, V God, the founder of ethereum, destroyed 45% SHIB coins.
2. Reason. Shib’s purpose is to be a “dogecoin killer”. To highlight its huge supply, this means that users can hold billions or even trillions of tokens. There is also Shibasap, a decentralized trading platform.
3. Currency assessment. Dogecoin has no use for anything other than hype and pump buys, and has no underlying product. Dogecoin is a counterfeit currency that is easy to make, and they fetch huge profits far more than even “meme” currencies like DOGE, not to mention safer venture capital investments like BTC or ETH. But the disadvantage is that without a solid foundation endorsement or a valid use case, they are still very risky.

3. What is Dogecoin (DOGE)

Dogecoin, some people call it “Dogecoin/Dogecoin”, was born in On December 8, 2013, based on the Scrypt algorithm, it is a virtual currency.

Digital currency is a global currency initiated by the private sector. It does not belong to a certain country, but belongs to all mankind. It has the advantages of fast global transfer speed. And the cost is low, and the total amount will not be arbitrarily issued like fiat currency, and the total amount is relatively stable.

After the launch of the Dogecoin system, due to the help of reddit (the Doge content on this website is terrifyingly flooded), the traffic has developed explosively, but within two weeks, Dogecoin has launched a special Blogs, forums.

Dogecoin application:

1. Facebook has obtained the permission of Facebook to go online through the Dogecoin consumption application

Two reward applications. The two apps are the Doge Tipping App and the Multicoin Tipping App. The former is limited to Dogecoin, and the latter includes 14 altcoins including Dogecoin, which can be rewarded for comments on Facebook.

This is not the first time that electronic money has appeared on Facebook, but it is the first time that a dedicated tipping service software has logged into the platform.

2. Twitch accepts Dogecoin

October 22, 2014, Twitch, a live streaming video platform for video games, announced on its official twitter that the company has accepted Dogecoin. Dogecoin as its payment subscription method.

3. Dogecoin High School Esports League

The first game of the American High School Esports League (HSEL) will have 50k Dogecoin as a bonus,

The game of choice for the league is “League of Legends” (translated as ‘League of Legends’ in China), which is a very popular free online game. The league took place between September 20 and November 8, 2014, followed by a week-long playoff. November 22, 2014 will be the time for the finals.

4. GoCoin, an international payment platform, announced plans to support dogecoin

This move means that merchants using the platform will soon be able to accept dogecoin payments. GoCoin already supports bitcoin and litecoin.

5. American Xidax became the first company to support Dogecoin payment

【Global Network Comprehensive Report] According to the US “Forbes” website reported on March 26, Salt Lake City, Utah-based advanced personal computer generator company Xidax has become the first generator company to use Dogecoin as a payment currency.

Due to the success of the company’s previous Bitcoin payments, Xidax’s Dogecoin payments were also created at the request of Dogecoin users.

6. Large gift card exchange sites support DOGECOIN purchases

As more and more e-commerce sites provide support for purchase of shopping cards with Dogecoin, large gift card exchange sites EGIFTER. COM also started to support DOGECOIN to purchase gift cards.

7. CheapAir announced to accept Dogecoin for booking flights

On September 4, 2014, CheapAir announced that after accepting Bitcoin to book flights and train tickets, it recently announced that it has accepted Dogecoin and Litecoin to book flights. CheapAir revealed that the site has done $1.5 million in total bitcoin sales since adding the bitcoin payment method.

8. The Dogecoin reward application artifact “Bitui”

With the emergence of the English reward artifact dogetipbot, the development of domestic reward application software is not far behind. As soon as it was born, the rewarding artifact for CoinTui became popular in the coin circle. As long as you see your favorite comments, favorite stars, and favorite Weibo owners, you can directly reward each other through the CoinTui artifact. The entire coin-giving circle was immersed in a cheerful atmosphere of tipping each other for fun.

It is reported that the author of CoinTweet is developing a WeChat version to facilitate the coiners to reward each other with red envelopes during the traditional Chinese festival – the Spring Festival.

Coin Supply

Dogecoin’s initial supply is limited to 100 billion coins. By mid-2015, the 100 billionth Dogecoin had been mined, with another 5 billion coins issued each year thereafter.

Although there is no theoretical supply limit, at this rate the amount of Dogecoin in circulation will only double in 20 years (the next doubling will occur in 60 years in 2075) ).

There is no hard cap on the total supply of Dogecoin. Initially, the supply of Dogecoin was limited to 100 billion coins, which was much more than the top digital currency allowed at the time.

Nevertheless, in February 2014, Dogecoin founder Jackson Palmer announced that the limit would be lifted in an effort to keep its inflation down over time Rate.

In other words, inflation will fall from 5% in 2015 to less than 4% in 2019, 3% in 2027 and 2% in 2035 over time.

Dogecoin’s blockchain technology

Decentralized finance is a form of finance that does not rely on intermediaries (such as brokers, exchanges or banks) to provide financial instruments. This is done by using “smart contracts,” which are self-enforceable agreements that do not require intermediaries like banks or lawyers, but use online blockchain technology.

Although Dogecoin operates on its own chain and therefore cannot interact directly with smart contracts, these tokens can be “wrapped” so that they are locked into a state that is interoperable with contracts until later release it.

The Ren project enables Dogecoin (renDOGE) to be used on the Ethereum blockchain and to access the DeFI network (most DeFI coins use the Ethereum blockchain network).

Coins linked to Decentralized Finance are traded and traded on Decentralized Exchanges (DEx) using Decentralized Applications (“dApps”). An example of agile is Uniswap; these are entirely peer-to-peer exchanges, with no company or other institution providing the platform.

The above content refers to the network-Dogecoin

4. What is the market value of TRQ virtual currency?

In terms of relative terms in the virtual currency market Still good

5. What is Dogecoin

Dogecoin, some people call it “Dogecoin/Dogecoin”, which was born on December 8, 2013 , based on the Scrypt algorithm, is the second largest virtual currency in the world after Bitcoin.

Digital currency is a global currency initiated by the private sector. It does not belong to a certain country, but belongs to all mankind. It has the advantages of fast global transfer speed. And the cost is low, and the total amount will not be arbitrarily issued like fiat currency, and the total amount is relatively stable.

After the launch of the Dogecoin system, due to the help of reddit (the Doge content on this website is terrifyingly flooded), the traffic has developed explosively, but within two weeks, Dogecoin has launched a special Blogs, forums, as of June 9, 2015, the market value reached 100 million.

Because there is no pre-mining, the distribution of Dogecoin is fair, the culture of charity and reward is very popular, and the user development is amazing and rapid. On June 9, 2015, the number of Dogecoin client addresses was 1.6 million, which was more than 5 times that of Litecoin; the number of active client addresses was 196,000 for Bitcoin, 83,000 for Dogecoin, and 11,000 for Litecoin;

foreign twitterer follows more than 150,000 users, which is 1.7 times that of Bitcoin and 6 times that of Litecoin. The number of Facebook likes is the same as that of Bitcoin, far exceeding that of Litecoin.

The daily real trading volume has been ranked among the top three virtual currencies for a long time, which is still not achieved before the big platform. The greatest value of the enterprise Internet era is the huge number of users. It took a year for the user base of Dogecoin to reach one-third of the number of Bitcoin users and four times that of Litecoin.

The main domestic Dogecoin trading platforms are BTC38, btctrade, bter, jubi, btc100[3], and foreign ones are mainly Cryptsy, Exmo, cex.io, Bittrex, Poloniex, HitBTC, Kraken, Bitcoin Indonesia, Coinsquare, AllCoin[3].

In 2017, CCTV announced a list of 350 MLM organizations, including Bitcoin, Litecoin, Ripple, Dogecoin, and Unlimited Coin.

6. Is Shib Dogecoin shib so popular recently? How to buy Dogecoin Dogecoin on what platform?

This year’s currency circle Dogecoin Dogecoin is very hot, familiar formula, familiar taste, Right now, virtual currencies are in a frenzy again. When major weighted varieties such as Bitcoin are consolidating, hundreds of altcoins usher in a carnival moment, and the story of “getting rich overnight” is quietly circulating in various communities.

In the beginning, it was Dogecoin DOGE, which was soaring that people couldn’t understand it; then it was “shit currency” SHIB, which increased by 280,000 times this year; the highest one-day surge was 500%, and now it is LOWB again. In just a few days, it has increased 60 times. In addition, the Akita Inu coin AKITA has increased by 840 times, and the pig coin PIG has increased by 656 times… Various animal coins have been born, and the popularity is very high. See you soon.

7. How about the shib market?

The shib market is now 0.00042 RMB, a 7-day increase of +17.33%, shib The all-time high price of the coin is $0.0000886, and the all-time low price of the shib coin is $0.0000000.
Expansion information:
1, shib is also known as Shiba Inu coin and Erdoge coin. This is an experiment of decentralized spontaneous community building. The shib coin is short for DOGECOIN KILLER, this ERC-20 Only token can maintain a price around one cent and still surpass Dogecoin in a short period of time (relatively speaking). Shiba Token ($Shib), the first cryptocurrency to be listed and incentivized by ShibaSwap, a decentralized exchange for the Shiba Inu community, has gained worldwide popularity and has risen thousands of times in value.
2, Currently the Shiba Inu community has locked 50% of the total Uniswap supply and lost the key! The remaining 50% was burned into Vitalik Buterin, and the coin was the first project that the Shiba Inu community went down this path, so everyone had to buy it on the open market, making it impossible for developers to buy it on the open market. The community dumps its own team tokens to ensure fair and complete decentralization.
3, shib was issued in August 2020, with a circulation of 1,000 trillion. Shib was first listed on Matcha, although Hoo, Huobi, okex, Binance and other platforms have also been launched one after another. The day shib was launched on Huobi, the increase exceeded 300%, and the market was very hot. The initial price of shib is: 0.000, 000, 000, 0001 is again a bunch of zeros. The total amount was 1000 trillion, half of which was 500 trillion, which was directly called to V God. Equivalent to (or hope for) half of Shib will be destroyed forever, and will return to zero forever.
4, the image of shib is Shiba Inu, which is why shib is called Shiba Inu coin. The shib coin started in August 2020. It is an experimental project for decentralized and spontaneous community construction. The purpose of the development team is to distribute the developed characters to any participant who has the time and technology. For this reason, they fire SHIB as a excitation. As for whether it has value, it’s hard to say. In fact, Dogecoin has no value. Too many people blowing it up and too many leeks will attract capital with a sickle in hand.

8. The advantages and disadvantages of shib

Not very good, the sudden explosion this year should be down soon.
Dogecoin, the full Chinese name is Dogecoin, and the English name is DOGE.
The surge of Dogecoin this year has a direct causal relationship with one person, that is, Musk, the controller of Tesla.
On February 4 this year, Musk tweeted a photo of a rocket flying to the moon, followed by the word “Doge.”
Then Musk tweeted several times in a row, roughly meaning: “We don’t need to be billionaires to have Dogecoin, Dogecoin is the digital currency of the people.

9. Can shib become a mainstream currency in the next three years?

No.

It should be noted that shib has no core consensus, even basic encryption There are no fund pools, loans, databases, exchange mechanisms, etc. for the underlying construction of the currency. It is only a token based on the Ethereum chain. This currency can only be short-lived. You still need to be cautious when investing.

SHIB is also known as DOGECOIN KILLER (Dogecoin Killer).

From the token machine.From the point of view, unlike Dogecoin, SHIB has an issuance cap and a destruction mechanism. SHIB is issued based on Ethereum, and ShibaSwap will be launched at the end of April. Compared with Dogecoin, which can only be used for Twitter, Reddit rewards and other application scenarios, SHIB can be better applied to the blockchain ecology of Ethereum. However, the launch time of SHIB is short, and the circulation is not sufficient, and it still needs time to test.

10. “Will SHIB be the next Dogecoin?” Hot discussion, is SHIB also a virtual digital currency?

SHIB’s explosion also makes Everyone felt very shocked. He was also targeting the next Dogecoin. It is also a virtual digital currency, but this digital currency is not regulated in China, and there are no thresholds. Therefore, there is a possibility of returning to zero at any time, and we must be cautious when investing.

Three, join the physical industry

We also believe that more and more people will promote this matter. In fact, at this stage, the current stage is a bull market for Bitcoin. As for whether SHIB will become the next Dogecoin, it is still very imaginative. We also hope that more and more people can actively invest in the real industry, because we all know that if a country wants to develop, the real industry must bear the brunt. I hope everyone can cherish their hard-earned money, To safeguard the revitalization of our motherland.

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