LEASH

Ok-Grapefruit1284

Jasmy seems to be holding up well during recently volatility, one of the reasons I like it. And the name… ugh I have a problem 😂 I don’t like WIF or WEN or LEASH or PEPE but I’m afraid to get rid of them bc I feel like that’s what people will jump into during an alt/meme rush.

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.

sc0peRD

Holy fuck LEASH is melting my absolute face. Still under 100m market cap this could be the actual moonshot

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.

sc0peRD

No one's talking about LEASH but it's on a tear right now and has the lowest market cap. The fact that no one is talking about it on this sub though could be a good thing...

sc0peRD

LEASH just skyrocketed 50% at the drop of a hat. This thing could go parabolic

sc0peRD

$LEASH. 42m market cap and has all the meme you could ask for

sc0peRD

Forget Floki, LEASH with a 42m market cap is the real moon shot

sc0peRD

$LEASH (DOGE killer) might actually go on a run. 40m market cap could be the moonshot you’re looking for

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.

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 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.

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.

AdvisorSecret5301

Curious what would happen if every coin is purchased for a project, for example, $LEASH - there’s just over 100k total tokens and they’re currently at $300ish. Couldn’t someone just buy them all? But then what? What if this coin get popular and it runs out? Would the token be worth millions? Curious what people’s thoughts are on projects with lower supply. There’s a ton of projects similar to do would it be better to try to load up on these coins? Could coins like SHIB sell out or is that impossible?

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.

Montana-Safari7

It is a little depressing we cannot get a higher market cap than stupid LEASH.

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.

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.

justcamefromcaves

lol they are also working on a metaverse concept, $LEASH

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.

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.

meeleen223

This is the incesting advice I come here for, Instructions clear, going balls deep in $LEASH !

Tasigur1

The 4 meme coins (not 3) according to the article: • SHIB • FLOKI • ELON • LEASH

coinfeeds-bot

tldr; According to data from market intelligence platform IntoTheBlock, over 80% of traders who have invested in memecoins such as Shiba Inu (SHIB), Floki (FLOKI), Dogelon Mars (ELON), and Doge Killer (LEASH) are currently in loss. Only 11%, 10%, 14%, and 19% of traders holding these coins respectively are seeing profits. In contrast, 42% and 21% of Dogecoin and Pepe investors are in profit. The data also reveals that 83% of SHIB investors are seeing losses despite the recent launch of Shibarium, Shiba Inu’s layer-2 scaling solution. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

bitterending

For people that don't want to click the link. New data from market intelligence platform IntoTheBlock reveals that over 80% of traders who have invested in a handful of memecoins are currently underwater. According to the crypto analytics firm, just 11% and 10% of traders who hold Dogecoin (DOGE) competitors Shiba Inu (SHIB) and Floki (FLOKI) are in the green while only 14% and 19% of Dogelon Mars (ELON) and Doge Killer (LEASH) holders are seeing profits. However, holders of Dogecoin and Pepe (PEPE) appear to be faring better as 42% and 21% of their investors are in profit, respectively. DOGE and PEPE are valued at $0.063 and $0.000000779 at time of writing, respectively. The data further reveals that 83% of SHIB investors are seeing red despite last month’s launch of Shibarium, Shiba Inu’s highly anticipated layer-2 scaling solution. SHIB is trading for 0.000008 at time of writing, a 1.18% decrease during the last 24 hours. Moving on to Floki, a virtual currency launched in 2021 based on billionaire Elon Musk’s real-life dog that evolved into a web3 project, IntoTheBlock finds that a staggering 90% of its investors are seeing losses. FLOKI is trading for 0.000017 at time of writing, a 0.56% increase during the last day. Furthermore, the market analytics firm finds that 85% of Dogelon Mars holders are also underwater. ELON, a meme asset created as an attempt to replicate the success of DOGE by piggybacking off of Musk’s idea of colonizing Mars, is moving for $0.000000138 at time of writing, a fractional decrease on the day.

coinfeeds-bot

tldr; Dogecoin leads the meme coin market with 42% of its holders in profit, according to a report by IntoTheBlock. The study also revealed that 44% of Dogecoin tokens are held by whale accounts. Other meme coins such as Pepe and Doge Killer (LEASH) have 21% and 19% of their holders in profit respectively. The report also showed that nearly half of the PEPE tokens (49%) are whale-owned, while whale concentration for LEASH is at 42%. Despite its profitability, Dogecoin has seen a 16% decline in the past month. *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.

BackgroundAd4640

Oof! I bought £50 of LEASH a couple weeks ago after having a few drinks it's worth £37 today. Hopefully you'll be able to flog your card at some point for profit.

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.

GracieMaeMacieMarie

I noticed in your post history that crypto.com listed “doge killer” (LEASH) a few days ago. Do you have any comments on Doge dying in surgery shortly after? Do you think that there is a correlation to the listing and the dogs death irl? Conspiracy theories flying through my head right now.

xSkyFa11x

What are you’re thoughts on Doge Killer LEASH?

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; 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*

REiVibes

The hell is LEASH and why is it a 500 Dollar memecoin

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.

fancywaterbits

They have doge killer at home — LEASH

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*

bkcrypt0

Um, okay, but what does LEASH actually do? The press release just keeps repeating "SHIB ecosystem". Then again, imagine MOONs at $675!

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 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.

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 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.

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 developers are creating a service called "Shibacals" that will use NFC chips to link real-world assets to NFTs, allowing for the authentication of physical items and boosting the value of collectibles. The Shibacals tags can be used to generate a tag for a real-world product, such as a T-shirt, which is tied to a user’s NFT collection in a way that authenticates the owner of the T-shirt and the NFT as the same person. The tags can be verified on the blockchain, differentiating between original products and copies. The Shibacals tags will not be limited to the Shibarium ecosystem and could be used to verify products on any blockchain. Shiba Inu ecosystem tokens, including SHIB, BONE, and LEASH, saw gains following the announcement. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Calibre1972

Cool, SHIB, BONE, LEASH, DOGE, LTC and SMUDGE arenot on the list!

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.

Tasigur1

My top 3: 1. **Doge Killer** (LEASH) ranked 488 on CMC 2. **Baby Doge** **Coin** ranked 220 on CMC 3. **Tamadoge** (TAMA) ranked 595 on CMC

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 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 an argument written by warmbookworm which won 2nd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. Submit an argument in the Cointest yourself and earn Moons if you win. Moon prizes are: 2nd - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post.

DeeperBags

Shibarium, DOG, LEASH, BONES, water bowl, collar, flea spray, poo bags, chew toy, DogeChain. Wtf is next?

Spicoli007

They have to constantly update their gimmicks to suck in more money. LEASH is another token of theirs that hasn't gotten play since last year's Shibaverse. Look for a lot of chatter on LEASH now, so they can suck in even more money.

jorneyp

The only official tokens to date are SHIB;LEASH;BONE. Paw is one of many projects being built on (shibarium) an L2 scaling solution.

Cheesebaron

Shiba Inu already launched BONE, now PAW,... What is next? FUR, TAIL, LEASH, BOWL? I probably just gave them ideas. All useless.

1PoorBagHolder

Wow this must of took you some time to write. But here’s a little info on shibarium. You’re more than welcome to read up on it if you’d like. Instead of just making up short made up one on one conversations. But here’s a little info. If you still think shit coin, cool, I personally don’t care. That’s the beauty of crypto and projects. To be able to do your OWN research and come up with YOUR OWN opinion on them. But thought I’d share a little info. -Shibarium is an upcoming Layer 2 blockchain solution for Shiba Inu, aimed at addressing the low transaction speed of Ethereum. -Shibarium’s aim is to lay the foundations for building out the Shiba Inu ecosystem, complete with a metaverse, a DEX, and blockchain games. -Shibarium has been in development for some time, but its public version is expected to be released next week. since there are now multiple tokens in the Shiba ecosystem here’s what they do. SHIB—Shiba Inu (SHIB) is the original Shiba meme coin. According to CoinMarketCap, there are currently about 550 trillion SHIB in circulation. BONE is Shiba Inu’s governance and utility token. This coin allows holders to vote on the project’s development and will also be Shibarium’s utility token. BONE token’s supply is limited to 230,000,000 coins. LEASH is the most expensive and limited-supply Shiba Inu coin, capped at just over 100,000 units. LEASH holders can stake the coins in liquidity pools to receive rewards. TREAT token is the newest member in Shiba Inu’s family, only launched in the summer of 2022. It is also a token that rewards holders but has several other features. This token finds a place in the ShibaSwap DEX, in place of BONE, and will also have a role in the upcoming Shiba Metaverse and Shiba Inu’s blockchain-based game.

coinfeeds-bot

tldr; Shiba Inu-related altcoins Bone ShibaSwap (BONE) and Doge Killer (LEASH) are soaring as developers prepare to launch a new layer-2 network called Shibarium. Shibarium is designed to be similar to Polygon, offering developers a fast and scalable platform to build on while giving traders access to new projects and custom tokens. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*

CointestMod

#Shiba Inu Pro-Arguments Below is an argument written by cbelaski which won 3rd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

CointestMod

#Shiba Inu Pro-Arguments Below is an argument written by cbelaski which won 3rd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

pmbuttsonly

Oh damn that’s impressive, figured you meant loading up on risky crypto bets like SHIB/BONE/LEASH 😅 Good luck homie!

CointestMod

#Shiba Inu Pro-Arguments Below is an argument written by warmbookworm which won 2nd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

Odlavso

2025: > What started off as a meme coin quickly moved to become the leading L2 of ethereum and eventually is sister token $BONE was accepted world wide by hundreds governments as a reserve currency pegged to $LEASH What has crypto unleashed on the world

CointestMod

#Shiba Inu Pro-Arguments Below is an argument written by cbelaski which won 3rd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

CointestMod

#Shiba Inu Pro-Arguments Below is an argument written by warmbookworm which won 2nd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

CointestMod

#Shiba Inu Pro-Arguments Below is an argument written by warmbookworm which won 2nd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

CointestMod

#Shiba Inu Pro-Arguments Below is an argument written by warmbookworm which won 2nd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

CointestMod

#Shiba Inu Pro-Arguments Below is an argument written by warmbookworm which won 2nd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

CointestMod

#Shiba Inu Pro-Arguments Below is an argument written by cbelaski which won 3rd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > 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? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

SomeAnonAssface

LEASH