BONE

xedik

Shibarium is an advanced blockchain platform that was specifically designed to enhance the Shiba Inu cryptocurrency ecosystem. It represents a strategic evolution in Shiba Inu’s development, aiming to provide a more efficient, scalable, and user-friendly blockchain experience. As a layer 2 solution, Shibarium operates atop the existing Ethereum blockchain, intending to streamline transaction speeds and reduce costs, issues often encountered in conventional blockchain systems. This innovation is poised to bolster Shiba Inu’s functionality and utility, marking a pivotal step in its journey beyond the realm of meme-based digital currencies. Shibarium’s introduction reflects a commitment to continuous growth and adaptation within the ever-evolving landscape of digital assets. The primary goal of Shibarium is to address the key pain points that have historically hindered Ethereum’s full potential. This includes the infamous gas fees that often deter users from engaging in transactions and the frustratingly sluggish confirmation times. Shibarium, by design, offers a remedy to these issues by presenting a more scalable and cost-effective platform for transactions. As a result, users can experience faster transaction processing and significantly reduced fees, these conditions redefining the user experience and bolstering Ethereum’s usability. Shibarium introduced a groundbreaking approach to enhance blockchain scalability and efficiency through its layer 2 solution. Layer 2 solutions are built atop existing blockchain networks to amplify speed and capacity. Built on Ethereum’s foundation, Shibarium operates off the Ethereum main chain, which considerably eases the network load and results in quicker transaction processing and reduced fees. There are several Shiba Inu ecosystem tokens, and it can be quite a hassle to figure out which one does what. Here’s a brief rundown of the network’s cryptocurrencies and their functions: SHIB is the native token of the ecosystem, and the most famous one. It is used for payments and will be burned after Shibarium transactions. BONE tokens are used for governance within the Shiba Inu ecosystem. This governance token is also used for gas payments (transaction fees) on Shibarium, doubling as a utility token. TREAT is a token that serves multiple purposes in the Shiba Inu ecosystem, including but not limited to providing liquidity to the SHI Stablecoin, replacing BONE as the reward token for ShibSwap, and more. LEASH tokens are held by Shiba Inu VIPs and give them access to extra benefits. LEASH was originally intended to be a rebase token.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

FamousPussyGrabber

I'm into $BONE at the moment because it has no use case and was born from Reddit's failure.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

Jasonmun8

I really enjoyed the part where one of the investors took all of his family’s money 60k and invested it in BONE and NIX. You deserve to lose your money with such a dumb investment.

keyoh321

Been a member for a while, and absolutely love it, gotta love the mining rewards for kicking back and having fun in a sub filled with nothing but positive people as a bonus, and this isn’t a shot at any other currencies or subs but it’s like everyone around there genuinely wants and hopes for its success and has the best of things to say about it and are always trying to improve where we can, for those who are interested in the mining rewards currently they are: 🗼 CONE 🌕 MOON ⧫ WETH ♾️ MATIC 🐲 QUICK 🌮 TACO 💩 POOP 🦴 BONE 🌑 MOOND 🍩 DONUT ®️ RCAX 🧱 BRICK 🍌 BANANA PLUNGER And it wouldn’t surprise me if we start to see this list grow 😅

billywright4

and currently the following are all paid out as mining rewards for each post: 🗼 CONE 🌕 MOON ⧫ WETH ♾️ MATIC 🐲 QUICK 🌮 TACO 💩 POOP 🦴 BONE 🌑 MOOND 🍩 DONUT ®️ RCAX 🧱 BRICK 🍌 BANANA PLUNGER So is a lot more than just CONE being talked about

billywright4

yeah, There are often mining bonuses on r/ConeHeads. Currently for every post you will be receive the following mining rewards (every post receives ALL bonuses not just 1) It's a great time to be posting! 🗼 CONE 🌕 MOON ⧫ WETH ♾️ MATIC 🐲 QUICK 🌮 TACO 💩 POOP 🦴 BONE 🌑 MOOND 🍩 DONUT ®️ RCAX 🧱 BRICK 🍌 BANANA PLUNGER

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

StaffAlone

BONE

crypto_grandma

It's one of the avatar community tokens that got airdropped alongside $PLUNGER to Rabbid avatar holders. I've got some CONE, BONE, POOP, PLUNGER & TACO from various avatars so far, lol

tianavitoli

we're too busy BONE-ing on!

tianavitoli

that sounds tasty # BONE On Downward Slope you dirty doge!

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

coinfeeds-bot

tldr; Shiba Inu's alternative tokens BAD and BONE are experiencing a decline despite new adoption cases and listings. The gas fee token Bone ShibaSwap (BONE) is nearing yearly lows. Shiba Inu's artificial intelligence partner, Bad Idea AI, has also slumped. BAD recently scored its 7th listing upon a new utility case in Shibarium. However, BONE has been facing a downward trend due to slowed-down transactions on Shibarium's mainnet. Despite the excitement surrounding BAD, it has not been listed on any leading cryptocurrency exchanges. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

coinfeeds-bot

tldr; The article discusses the recent drop in Shiba Inu (SHIB) burns, which has left investors agitated. Despite a monthly increase of 8%, the burn count for SHIB tokens dropped by 37% in October. The SHIB Army, a group of SHIB investors, expressed their frustration on Twitter. The article also mentions the decreased burning speed on Shibarium, a Layer-2 scaling solution for SHIB tokens. The article highlights the concerns of the SHIB community members and the response from Shiba Inu's developer team leader. Additionally, it mentions the decline in the value of the Bone ShibaSwap token (BONE) and compares the SHIB burns to those of rival memecoin PEPE. Overall, the article focuses on the disappointment and concerns surrounding the decrease in SHIB burns and its impact on the value of the cryptocurrency. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

SA_Ichi

If you own one of the Fiesta Dog avatars that got dropped to Nyan Cat RCA holders, you got airdropped some $BONE some hours ago. 😎

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

Elie0_0

📰 Hackers Promote Fake BONE Airdrop via SHIB Telegram Admin Account

Silent_Collection892

This will not end well. I expect many thousands to have signed up for the fake BONE tokens.

coinfeeds-bot

tldr; The Shiba Inu cryptocurrency community is on high alert after a prominent admin's Telegram account was compromised. The compromised account was used to announce a fake BONE token airdrop, attempting to create a sense of urgency among SHIB enthusiasts. Key figures in the Shiba Inu ecosystem quickly informed and cautioned the community about the scam. Some community members are calling for the establishment of a cybersecurity division to prevent similar occurrences in the future. Investors and community members are urged to exercise caution and prioritize online security. The SHIB price is currently trading slightly above its critical support level. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

infested33

>Some of the accepted assets are the two largest by market capitalization – Bitcoin (BTC) and Ether (ETH) – as well as Ripple (XRP), Shiba Inu (SHIB), Binance Coin (BNB), Polkadot (DOT), and many more. >It is worth mentioning that Honda’s offering also includes some exotic memecoins such as Pepe Coin (PEPE), Floki Inu (FLOKI), Bone ShibaSwap (BONE), Doge Killer (LEASH), and others. Source: https://cryptopotato.com/this-automobile-giant-now-accepts-ripple-xrp-and-shiba-inu-shib-for-payments/ ROFL i can now buy my dream car Honda Type R using Floki Inu! It will only cost: 2.6 Billion Floki! What a time to be alive!

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

StaffAlone

i believe shibarium's gas token of BONE

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

Pibo1987

I suppose I am late at this, but I just found out that Shiba Inu has an ecosystem token called BONE (up 10% btw), and this made my day.

coinfeeds-bot

tldr; In the article titled "Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making it a Real Thing," the Shiba Inu team created a token called Calcium (CAL) as part of a plan to renounce the bone (BONE) token contract. However, the CAL token was deemed worthless by the developers and warned against by some community members. Despite this, a group of community members who claimed to have lost money used their CAL token holdings to create a new trading pair on Uniswap, intending to make Calcium a real project. The original CAL token's price dropped significantly, but the CAL tokens on Uniswap gained significant trading volumes and liquidity. This situation highlights how a crypto project can gain traction and support from the community, even without the developer's endorsement. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Successful_Craft3076

"Shiba Inu's BONE Attracts Dormant Whale, Leading to Quarter Million Investment" You got to be Fucking kidding me.

coinfeeds-bot

tldr; Swiss blockchain hardware manufacturer Tangem has unveiled plans for a new NFC-powered smart ring for storing cryptocurrencies like Shiba Inu (SHIB), Bone (BONE), and Leash (LEASH). This comes after Tangem showcased a card-shaped cold storage wallet for Shiba Inu at the Token 2049 conference in Singapore. The demand for alternative cold storage wallets has increased following security concerns with major wallet provider Ledger. Tangem's unique technology generates a randomly generated private key via the NFC card chip, providing an extra layer of security. The company is also considering other wallet form factors, such as keyrings and fobs. Wearable crypto storage devices like the smart ring could address security issues and prevent hacking. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

coinfeeds-bot

tldr; Over 100 million SHIB tokens have been burned as the Shibarium team rolls out a crucial BONE update. The Shiba Inu community has been actively moving tokens to addresses where they can never be extracted, resulting in a burn rate increase of 251.30%. The developer of SHIB, Kaal Dhairya, has outlined the steps the team plans to take to renounce the BONE contract, including thorough testing and the addition of safety measures. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

coinfeeds-bot

tldr; Some 600,000 wallets have conducted over 700,000 transactions on the Shibarium network a week after a botched launch was solved. Token withdrawals out of the Shibarium bridge are now live and available to users. Nearly 100,000 transactions took place on August 31, with a peak activity of 132,000 transactions on August 25. Users can now use shib (SHIB), bone (BONE), and other tokens on Shibarium for various purposes. The locked value on Shibarium is just $1.26 million, indicating that users are deploying little capital to the network. An unknown SHIB whale moved nearly $38 million worth of tokens in an unusual move. SHIB is down 2.42% in the past 24 hours. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CreepToeCurrentSea

News tomorrow - Bonechain with $BONE airdrop soon!

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

coinfeeds-bot

tldr; Shiba Inu's Layer-2 Shibarium network has resumed block production after a brief pause due to high traffic following its mainnet launch. The network entered fail-safe mode to protect funds, but the lead developer assures that fund security remains intact. The team plans to scale operations to accommodate substantial traffic and has secured $2 million in insurance coverage. Despite some divestment and FUD spreading, prices are rebounding following the reactivation of Shibarium. SHIB's value dropped by 11% in the last day, while BONE's price slid by 15% and LEASH declined by 5%. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

coinfeeds-bot

tldr; Shiba Inu price is struggling to increase, with only 13.77% of total SHIB addresses currently in profit. The recent launch of the Ethereum Layer-2 network, Shibarium, caused network overload and millions worth of Ethereum to get stuck in the bridge. This hindered the anticipated rally for dog-themed meme coins like SHIB and BONE. Despite this, SHIB price is attempting a recovery after a 36% slump, with some positive indicators suggesting bullish pressure. However, the majority of token holders are currently experiencing losses, which acts as resistance to further price increases. Additionally, broader market concerns and FUD continue to impact the cryptocurrency market. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

coinfeeds-bot

tldr; The Shiba Inu-backed network, Shibarium, has experienced disruptions in block production due to technical issues. As developers work to address the problems, major holders, known as "whales," are selling off their SHIB, BONE, and LEASH holdings. Concerns are being raised about the blockchain's robustness and security. Beosin, a blockchain security agency, advises users to avoid Shibarium for now as around $1.7 million in ETH is stuck in the bridge. Whales have been selling off Shiba Inu ecosystem tokens, leading to a drop in their values. SHIB's value has decreased by 9%, while BONE and LEASH have taken a 20% hit. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

FattestLion

Guess any potential for SHIB to have gains is BONE with the wind

coinfeeds-bot

tldr; The Shiba Inu Shibarium mainnet launch has encountered significant problems, with $1.7 million worth of Ethereum (ETH) and Bone ShibaSwap tokens stuck in the bridge contract. The launch of the Shiba Inu Shibarium Ethereum layer-2 blockchain faced issues shortly after its release. A large amount of Ethereum and Bone ShibaSwap tokens were found to be stuck in the bridge contract. The blockchain security firm PeckShield confirmed the problem, with 956 ETH and $762,000 worth of Bone ShibaSwap tokens affected. The Shiba Inu prices dropped 7% on the day of the launch, while BONE prices fell 16% to $1.33. The Shibarium launch is part of Shiba Inu's plan to establish itself as a serious blockchain project. However, it faces competition in the crowded layer-2 ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

tambaybtc

I still don’t understand, is being locked in the bridge contract means lost for ever or there maybe code fix or other deployments that can unlock the locked Eth and BONE?

tambaybtc

I don’t understand, is being locked in the bridge contract means lost for ever or there maybe code fix or other deployments that can unlock the locked Eth and BONE?

WineMakerBg

SHIB lost its LEASH and it hurts to the BONE.

coinfeeds-bot

tldr; The launch of the Shibarium mainnet, a layer 2 scaling solution for Ethereum, has caused a dip in the prices of related tokens such as SHIB, BONE, and LEASH. SHIB is down 8.1%, BONE has fallen over 14%, and LEASH dropped 23.5% in the last 24 hours. Rumors of a potential issue in the launch have surfaced, with screenshots of an internal conversation suggesting that assets bridged to the Shibarium network may have been lost. The RPC and block explorer are experiencing difficulties, and the Shibarium RPC website is currently down. The community believes that around $2.46 million worth of funds may be locked due to this issue. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

coinfeeds-bot

tldr; Shiba Inu's Ethereum layer-2 blockchain, Shibarium, has gone live. Shibarium aims to attract users with its low-fee ecosystem focused on financial services and gaming. The network will use SHIB tokens as fees and also utilize BONE, TREAT, SHIB, and LEASH tokens for applications built on the blockchain. Shibarium is part of Shiba Inu's plan to establish itself as a serious blockchain project and expand into decentralized finance (DeFi). The network is expected to see brisk activity due to the popularity of SHIB tokens. Shibarium is a proof-of-stake blockchain that relies on validators and delegators, rewarding them with a governance token called BONE. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

CymandeTV

Best pump and dump around! Next will be BONE and COLLAR.

IlIlllIIllllIIlI

Even Top100 is trash. TRX, SHIB, BCH, OKB, ICP, APE, PEPE, BONE. All of these are Top100. Wouldn’t touch that with a pole

buyhighselllowcrypto

Shib the metaverse, Shiba swap, Shibarium, Burn wallet, Phone game, their own DAO, ecosystem with other tokens like BONE and Leash. Staking and NFTs. So yeah proved that wrong. Next

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

latexpantsforeveryon

I'm staying out lol. Anyone remember Shibaswap and that BONE token? pass.

PassiveRoadRage

They have stuck with the dog meme too. You can dig (stake) and get rewards in BONE which is another token they run. Wonder what the sentiment will be in 2/3 years

fancywaterbits

The fun thing is that there is a big development behind it nowadays and a fully functional system built on SHIB with multiple tokens. Long awaited Shibarium is also on the way and a direct ETH bridge with BONE used for gas fees should go live later this month I believe.

coinfeeds-bot

tldr; Shiba Inu (SHIB) has experienced a significant rally over the weekend, with the meme cryptocurrency surging since early Saturday. SHIB and its sister token Bone Shiba Swap (BONE) were among the top gainers, with SHIB gaining about 13% and trading at a four-month high of $0.00001. The rally is notable considering the risk-off sentiment in the financial market due to Fitch's downgrade of the U.S. sovereign rating. However, sentiment towards SHIB has improved ahead of the launch of its blockchain project, Shibarium, which is expected to be more energy-efficient and faster than Ethereum. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

MonsieurGump

BONE hasn’t really moved the last couple of week, which is a surprise given it’s trajectory a couple of weeks ago. When the SHIBverse fires up we could see a real big jump across the system

Jounochi

Yeah, people don’t realize that SHIB is just riding the BONE wave at the moment since they are in the same ecosystem. I think a lot of people on this sub are going be blindsided by SHIBs rise this year.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

coinfeeds-bot

tldr; The relevant text of the article is about the announcement made by Shiba Inu lead developer Shytoshi Kusama regarding the minting of the remaining BONE tokens and the renouncement of the BONE contract before the launch of Shibarium, their own Layer 2 blockchain. Kusama emphasized the significance of this decision for kickstarting the blockchain and explained the role of BONE as a token for validators, rewards, gas, and technology governance. The article also mentions the upcoming launch of Shibarium after a Toronto conference in August, which aims to address scalability and data bottlenecks. The testnet for Shibarium has already seen high demand, and plans for introducing DoggyDAO, a decentralized autonomous organization, have been announced. The launch of Shibarium is expected to strengthen the SHIB token and the Shiba Inu ecosystem. The Shiba Inu community has high hopes for the event to boost the token price to $0.001. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

dsellmusic

I hold some BONE as my ‘ah maybe’ investment. Might go up so more in the near future and make some quick gains, if not, not the need end of the world for me

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

Jay_Bird_75

I understand why they are going in on SHIB. However, I’d you’ve stayed up to date on the the project and ecosystem, I’m surprised that BONE 🍖 is not getting more action then it already is. It is the gas token of the whole ecosystem when Shibarium launches.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

dsellmusic

I’m going for BONE.

Jay_Bird_75

🍖BONE.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by warmbookworm. > There are several pros to Shiba Inu, as we as several common misconceptions about what value is and what makes something valuable that people who write off memecoins like Shib are usually prone to making. > > First of all, the pros: Shiba Inu is the third most searched for cryptocurrency in 2021. It has grown to become one of the top ten cryptocurrencies by marketcap, even surpassing Dogecoin, the first and by far the biggest memecoin since alt coins existed. This is huge because as we've seen with bitcoin, the first mover advantage is huge; no other coin has come close to surpassing bitcoin yet, despite tens of thousands of coins coming to existence in recent years. > > Shiba Inu clearly has one of the largest network effects in the entire industry, which is arguably the most important metric for any crypto. > > You can easily buy Shib on platforms like Webull, so people who are not into crypto can still get in and buy shib, making it far more accessible than all but the largest and most well-known cryptocurrencies. > > Finally, Shib has great branding. The idea of the "Shib Army" and "Shib to 1 cent" (or even a dollar) is incredibly good marketing, because it gives the community a common identity, as well as a goal to work towards. If we take any other crypto, people might like the coin and want it to go up, but there is no singular goal that everyone can point to and talk about. Thus, people are much less likely to contribute towards the development and branding of the coin. > > Secondly, the "shib-lingo", with LEASH and BONE as well as other parts of the shiba inu ecosystem allows for a much more intuitive understanding of crypto for those who find it too challenging to understand and can't be bothered to learn about all of the ins and outs of crypto itself. It is a great gateway for complete beginners to start understanding all of the different crypto terminology in words and concepts they already understand. > > ---------------------------- > > Now in terms of misconceptions regarding value, most people think that you need to have a "use-case" for value. But what is a use-case? Really, a use-case is just a "feature". i.e they think that every coin has to have some special feature or property that other coins don't have in order for it to be valuable. > > This makes sense intuitively, but isn't how things actually work. Just because something has a unique feature doesn't mean that that feature is useful. For example, if you were to take YouTube's source code today and slightly improve the UI, you would have a "superior YouTube", but no one would use it. > > Network effects far outweigh any features in terms of importance. Furthermore, the idea that features have to come *before* value is intuitive, but actually, as we've seen, because of the Shib network being adopted, there are DApps being developed on it, like wallets and exchanges to begin with, and eventually, there will probably be a lot more products and services being built on top of Shib in the future, as long as it continues to hold value. > > Because it isn't just feature that create value. Rather, developers chase after the money. Where there is money, where there are incentives, that's where people will build, and that in itself will grow the ecosystem. > > disclosure: I do not hold any SHIB and never will. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

Iphone17promax

1.27M $LINK ($8.5M), 2.83M $SNX ($7.84M), 12,597 $BNB ($3M), 4.45M 1INCH ($2.26M), 8.53M $ZRX ($1.9M), and 439K $FTX ($713K) And 186,149 $BONE ($235K). This is list I saw

ersleid

*Captain Holt voice* **"BONE?!"**

WineMakerBg

Someone is getting some BONE

AncientCauliflower47

Main assets they are selling: 1.27M LINK ($8.5M) 2.83M SNX ($7.84M) 12,597 BNB ($3M) 4.45M 1INCH ($2.26M) 8.53M ZRX ($1.9 M) 439K FTT ($713K) 186,149 BONE ($235K) Do with this info whatever you want

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

coinfeeds-bot

tldr; An altcoin in the Shiba Inu (SHIB) ecosystem called Bone ShibaSwap (BONE) has experienced a significant surge in value after the lead developer, Shytoshi Kusama, announced the upcoming launch of Shibarium, a layer-2 scaling solution. Kusama also introduced "Shibapendence Day," a celebration of the SHIB community's freedom from centralization. The project's decentralized exchange, ShibaSwap, is preparing to launch its second iteration. The announcement caused BONE's price to increase by 60%. Kusama believes that centralized entities have exploited humanity and the planet, and ShibaSwap aims to lead the way towards a decentralized future. BONE's price has since retraced and is currently trading at $1.34. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

coinfeeds-bot

tldr; Shiba Inu's price has been steadily increasing as the popularity of the layer2 network Shibarium grows. L2 blockchains are attractive due to their faster transaction speeds, scalability, and lower fees. The Shibarium ecosystem has seen significant growth, with nearly 1.5 million users. Shiba Inu holders make up around 85% of the ecosystem, while BONE and LEASH holders account for 5.5% and 2% respectively. The Shibarium blockchain is being utilized in various industries such as gaming, web3, and metaverse. The token burn has also supported SHIB's price. Overall, Shiba Inu's price is expected to continue rising, but buyers need to overcome key obstacles for further gains. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

CointestMod

#Shiba Inu Pro-Arguments Below is a Shiba Inu pro-argument written by cbelaski. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find submissions for other topics.

SpaceFaceMistake

Please read before posting. Here is a snippet from the link. For full article click through. Quote start: “Official content marketing specialist of Shiba Inu, @LucieSHIB, has reported a new SHIB scam account on Twitter after the "Shibarmy Scam Alerts" profile (@susbarium) spread the word about it on its page. The scam team is operating through an account @ShibaInuHQ, and it offers a "giveaway" of SHIB, suggesting that users should go to their website for that. The account calls itself "Official Twitter Account for the Shiba Inu Ecosystem" and has a picture from the SHIB Metaverse in the profile pic field, thus trying to mislead SHIB fans. Now, they are luring SHIB fans with a "SHIB/BONE/LEASH" giveaway worth $30,000,000 to active Ethereum wallets. The fiat worth seems to be too big for giveaways usually conducted by real crypto exchanges/crypto platforms anyway. The "Shibarmy Scam Alerts" Twitter account urges the SHIB army to report the aforementioned SHIB scam account, Lucie tweeted that she has done that already.” Quote finish.

coinfeeds-bot

tldr; New data reveals that over 25 million transactions have taken place over the testnet of Shibarium, Shiba Inu’s (SHIB) layer-2 scaling solution. The testnet, known as the Puppynet, has seen significant growth since its launch in March, with over 17 million unique wallets using the protocol. Shibarium offers benefits such as scalability, cost-effectiveness, and enhanced security, which can have a positive impact on Bone ShibaSwap (BONE), the project's gas fee token. Additionally, Shibarium will implement a deflationary token-burning system that reduces the supply of SHIB, potentially increasing its price. Shytoshi Kusama, a prominent SHIB developer, has hinted at the upcoming release of Shibarium. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Apprehensive_Baker80

Curious to see how the BONE token will play out with all of this

Jay_Bird_75

#BONE