How to buy and sell SHIB coins (how to sell shib)

SHIB, also known as Shiba Inu, was officially born in August 2020, but judging from the code name, it was born in February 2021. The circulation volume is 1000 trillion.

Originally it was an ordinary currency, but through the hype of capital such as Musk, its market value reached 37.7 billion yuan, ranking 16th on the cryptocurrency list. It can be said that it is very shocking to play cards completely out of the box.

Then why is the SHIB coin code too low, suspected of plagiarism? Let's take a look at his code.

We can see that SHIB’s simple 497 lines of code are worth 37.7 billion yuan, with an average of 75.85 million yuan per line of code. Do you think it's worth it? This value is nonsense, it can be said to be too low and too shocking.

From the original code, we discovered a shocking secret. The encoding of the SHIB coin was actually copied, which surprised people. This set of codes was first used on August 2, 2019, but the technician forgot to remove the timestamp when deploying SHIB, which meant that the technician completely copied the code of other people's coins, stole food, and forgot to wipe his mouth. The strength of this technician can be said to be too low.

Such a simple SHIB code is also suspected of plagiarism. This coin is simply a set of numbers. You must not participate in the speculation of these coins, lest you become a leek in the eyes of capital and become a stepping stone for Musk to become the world's richest man.

Related questions and answers: What is the project of shib currency? Is there a destruction mechanism?

SHIB is an experiment in decentralized spontaneous community building. There is no destruction mechanism for shib, but after the ecological construction is completed, every time a dog leash is redeemed, the shib used for redemption will be destroyed, so the amount of shib will become less and less, and the project team therefore believes that shib has a chance to reach 0.1 US dollars. of.

Shiba Inu Coin (Shib), a virtual currency, was born in August 2020, with a circulation of 1,000 trillion.

As of May 9, 2021, Shiba Inu Coin surged nearly 1,200% in one day. According to news on May 10, Shiba Inu Coin came into people’s sight. In just 2 days, it went from being a cheap altcoin to becoming the world’s top-growing cryptocurrency.

Development History

In August 2020, Shiba Inu Coin was born with a circulation of 1,000 trillion.

On May 7, 2021, Hiromichi Mizuno, an independent director of Tesla and the former chief investment officer of a Japanese pension fund, said on social media: "Investors can trade Shiba Inu coins in the short term, but do not treat your Shiba Inu pet dogs like this." Ron Musk immediately responded: "I'm looking for a Shiba Inu (coin)!"

As of May 9, 2021, the Shiba Inu Coin soared nearly 1,200% in one day.

On May 10, 2021, according to foreign media reports, Shiba Inu Coin, the virtual currency after Dogecoin, came into people’s view. In just 2 days, Shiba Inu Coin went from being a cheap altcoin to becoming the world’s top-growing cryptocurrency.

On May 13, 2021, Buterin donated 50 trillion SHIB tokens (approximately US$1.2 billion) to the Indian Coronavirus Relief Fund.

On May 17, 2021, Ethereum founder Buterin destroyed 45% of the Shiba Inu coin SHIB coins.

Recently, another animal coin that can excite humans is Shiba, a self-proclaimed “Dogecoin” killer coin.

Shiba instantly collapsed by about a third after Buterin donated SHIB, then worth $1 billion, to India’s Covid-19 relief fund. The sell-off highlighted some of the illiquidity issues for these altcoins. He said, "The problem with these Dogecoins is that their market is too small. In fact, by selling Shiba Inu that was originally worth $1 billion, you may not even get a few million dollars in the end."

Buterin He also recently announced plans to burn, or remove from circulation, 90% of his SHIB holdings, which are derived from on-chain donations. Buterin said he did not want to become a "center of power." In the interview, he emphasized that he does not want people who create altcoins to give him coins for "marketing" purposes.

Buterin said, “First of all, I don’t really know or understand these projects. So, I can’t endorse them, and I see what seems like thousands of altcoins called Freecoin in my wallet. I don’t even Know what this shit is. "

Buterin advised those who want to use crypto tokens for good to donate it directly to charity.

Special reminder: Tesla CEO Elon Musk’s stance on Bitcoin seems to have changed recently. Musk has repeatedly made negative comments about Bitcoin's "old-talking" energy consumption issue and asked Tesla to suspend Bitcoin payment methods. His wavering stance on Bitcoin immediately affected the cryptocurrency market, becoming the "mastermind" behind recent market fluctuations.

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