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<h2>How Shiba Inu (SHIB) Works</h2>
Shiba Inu (<a href="https://coinmarketcap.com/currencies/shiba-inu/">SHIB</a>) is a cryptocurrency based on the <a href="https://ethereum.org/en/">Ethereum</a> <a href="https://notum.ai/glossary/blockchain">blockchain</a> that was created in 2020 and named after the Japanese Shiba Inu dog breed. The coin became popular due to the symbol associated with Shiba Inu dog memes and quickly attracted the attention of the crypto community.
The main goal of <a href="https://www.shibatoken.com/">SHIB</a> is to create a decentralized platform for the exchange of digital assets and attract users to the cryptocurrency ecosystem. SHIB also includes other tokens such as <a href="https://coinmarketcap.com/currencies/doge-killer/">LEASH</a> and <a href="https://coinmarketcap.com/currencies/bone-shibaswap/">BONE</a> which have their own unique features. The mechanism of SHIB operation is based on the distribution of <a href="https://notum.ai/glossary/token">tokens</a> among users as a result of transactions and deposits in <a href="https://notum.ai/glossary/liquidity%20pool">liquidity pools</a>. Most of the total <a href="https://notum.ai/buy/shiba-inu">SHIB</a> supply was sent to the founder's address, while the rest of the tokens were frozen on the <a href="https://uniswap.org/">Uniswap platform</a> to provide liquidity. In addition, owning <a href="https://notum.ai/buy/shiba-inu">SHIB</a> also gives you access to the <a href="https://blog.shibaswap.com/">ShibaSwap ecosystem</a>, where you can exchange and <a href="https://notum.ai/glossary/staking">stake</a> various tokens.
<a href="https://coinmarketcap.com/currencies/shiba-inu/">Shiba Inu</a> is ranked 19th among all the cryptocurrencies on <a href="https://coinmarketcap.com/currencies/shiba-inu/">CoinMarketCap</a>. It remains popular in the crypto world as it provides the opportunity to exchange the token, stake it, and earn rewards. Also, the attractiveness of SHIB for many people lies in its low price, which can be a plus for novice investors with little capital. However, it is worth noting that <a href="https://notum.ai/buy/shiba-inu">SHIB</a>, like other <a href="https://notum.ai/glossary/altcoin">altcoins</a>, can be subject to significant price fluctuations and volatility, so it is important to do your own research and assess the risks before buying.
<h2>&nbsp;</h2>
<h2>Popular Crypto Assets</h2>
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Whether you are a seasoned investor or a beginner taking your first steps into the crypto space, the Notum platform offers the perfect environment to explore, learn, buy, and stake crypto. Join our platform today and start investing in any of the <a href="https://notum.ai/assets">250+ assets</a> available on the platform!

<h2 class="Default">About Shiba Inu (SHIB)</h2>
<a href="https://www.shibatoken.com/">Shiba Inu</a> is a decentralized cryptocurrency ecosystem based on the <a href="https://ethereum.org/en/">Ethereum</a> <a href="https://notum.ai/glossary/blockchain">blockchain</a>. It allows users to exchange, trade, and earn with the <a href="https://coinmarketcap.com/currencies/shiba-inu/">SHIB token</a>. The platform is gaining attention due to its meme nature and community support. It also includes <a href="https://notum.ai/glossary/nft">NFT</a> functionality and allows users to farm <a href="https://notum.ai/glossary/token">tokens</a>.
<a href="https://www.shibatoken.com/#shibaswap">SHIB</a> is a meme cryptocurrency based on <a href="https://ethereum.org/en/">Ethereum</a>, which is also the native <a href="https://notum.ai/glossary/token">token</a> of <a href="https://shibaswap.com/#/">ShibaSwap</a> that is used for trading and storing assets on the platform. <a href="https://coinmarketcap.com/currencies/shiba-inu/">SHIB</a> gained popularity as the "<a href="https://coinmarketcap.com/currencies/dogecoin/">Dogecoin</a> Killer" and allows users to trade, exchange and farm tokens. It has a Shiba Inu dog symbol and supports charitable initiatives to help homeless animals.
The <a href="https://coinmarketcap.com/currencies/shiba-inu/">SHIB</a> cryptocurrency remains popular due to its uniqueness, large and active support community, functionality (such as trading, exchange, and farming), and support for charitable initiatives. The total supply of SHIB is one quadrillion tokens, while the market capitalization is currently around $4.45 billion.
<h2 class="Default">SHIB Use Cases</h2>
Now, SHIB offers several ways to use it, such as:
<ul>
<li class="Default">Trading. SHIB can be used to buy and sell on various cryptocurrency exchanges, such as <a href="https://www.binance.com/en">Binance</a>, <a href="https://www.huobi.com/en-us/">Huobi</a>, <a href="https://www.coinbase.com/">Coinbase</a>, <a href="https://www.gate.io/">Gate.io</a> and others. Users can trade SHIB based on speculative assumptions about its price.</li>
<li class="Default">Exchange. SHIB can be exchanged for other cryptocurrencies or tokens on <a href="https://notum.ai/glossary/dex">decentralized</a> or centralized exchanges.</li>
<li class="Default">Farming. Users can farm SHIB tokens by depositing liquidity into <a href="https://notum.ai/glossary/liquidity%20pool">pools</a> on platforms like <a href="https://shibaswap.com/#/">Shibaswap</a>. For providing liquidity, users can receive rewards in the form of additional SHIB tokens.</li>
<li class="Default">Participation in the ecosystem. Owning SHIB can allow users to participate in various initiatives and projects related to the SHIB cryptocurrency and the community around it. </li>
</ul>
<h2 class="Default">What Can I Do With SHIB on Notum Platform?</h2>
With <a href="https://notum.ai/">Notum</a>, investing becomes even easier and more affordable. You can choose among a huge number of cryptocurrencies, manage your assets without delays, and get the best rates. The platform offers you to buy, stake and swap SHIB and thus get a fast stable income in 2023.
<ul>
<li class="Default">Buy SHIB</li>
<li class="Default">Swap SHIB</li>
<li class="Default">Stake SHIB</li>
</ul>

Shiba Inu (SHIB) - is a decentralized and an Ethereum-based token that could be an alternative to Dogecoin (DOGE), the popular memecoin. The coin was created by an anonymous individual called Ryoshi in August 2020 and dubbed the "Dogecoin Killer". SHIB is the ecosystem's foundational currency with a max supply of one quadrillion. 

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