👀 Ones to watch: Undervalued stocks to buy before they report Q3 earningsSee Undervalued Stocks

Did Shiba Inu Just Got married? Here comes Shiba’s Wife

Published 03/06/2022, 10:00 AM
Updated 03/06/2022, 10:30 AM
Did Shiba Inu Just Got married? Here comes Shiba’s Wife
BNB/BRL
-
SHIB/USD
-

Shiba Inu is among the few digital tokens to walk down the aisle. And the wife’s name? Shiba’s wife, nothing fancy. While the crypto ecosystem has its fair share of women leaders and investors, only a few cryptos explicitly identify as female. And Shiba’s wife is one of the she-cryptos.

Shiba Inu recorded the greatest value increase in the market, growing over two million percent in 2021. Shiba’s wife will likely simulate the meme dog coin growth.

What You Should Know About Shiba’s Wife Shiba’s Wife is not an ordinary virtual currency. It comes with special use. In general, it seeks to end women’s rights violations across the globe. It aims to achieve this goal by promoting kindness, prosperity, and equality.

The BEP20 token was launched on Binance smart chain. This means it has excellent scalability and low gas fees, and ultimately great growth potential.

The cryptocurrency is highly safeguarded by Skyline security service, a top blockchain security service provider. The company uses Formal Verification technology, state-of-the-art security for blockchains, and smart contracts. Specifically, the technology uses mathematical approaches for hacking resistance and program correctness. Additionally, the blockchain network is audited by Certik Audit.

A Mission to Help Women As mentioned, Shiba’s Wife’s mission is to empower and promote women’s freedom with violated rights. Ultimately, they hope to positively impact by establishing diverse partnerships worldwide.

The digital tokens hope to achieve this milestone by creating a fund for women with violated rights. 10% of all transaction fees will be channeled to a secluded wallet. All the funds will be used for the noble course.

Currently, the developers are negotiating with organizations that advocate for women’s rights. Once they reach an agreement, Shiba’s Wife platform will send the funds to help women suffering from rights violations and unfair treatment. Currently, the platform is holding donations on Binance Charity. Shiba’s Wife aims to raise more than $500 million and exceed the amount UN women donated for dealing with violated rights. In 2021, the UN women donated $500 million.

Most meme coins are community-driven. But Shiba’s Wife is one of a kind coin. It advocates for social justice by supporting women and fighting against violations of their rights. But that is just one of the aspects of the many things they seek to do.

The cryptocurrency has various utilities to promote its adoption. The five main products of the coin include:

  • Play-to-earn game – The play-to-earn games enable players to earn tokens while having fun. They can use rewards to shape the future of Shiba’s wife.
  • Decentralized Exchange (DEX)-The Decentralized exchange is designed with users in mind. It is super friendly even to beginners.
  • Token
  • Non Fungible token (NFTs)
  • A wallet of funds dedicated to women with violated rights(10% of transaction fees)
Shiba’s Wife has a finite maximum supply capped at 394 billion coins. According to Shiba’s Wife tokenomics, private sale accounts for 10% of the supply while the founders share 20%. The remaining 70% will be available for trading. This division aims to set a continuous and healthy growth.

Golden Liquidity Ratio The coins automatically lock 3% of the transaction fee to the liquidity pool for stability and longevity. The coins are released gradually from the locked liquidity to ensure stability. Another 2% goes to project development and growth. These funds are used to support play-as-you-earn games, NFTs, and the DEX platform, which will, in turn, strengthen the support for women with rights violations.

Shiba’s wife has a short-term goal to grow its community, increase telegram members to reach 500000, list on more Crypto Exchanges (CEX), and attain one million holders. By the third quarter of 2022, the platform targets going live on initial CEX listing on KuCoin, Kraken, and Binance. According to various crypto prediction sites, the coin is expected to thrive in 2022.

How to Buy Shiba’s Wife Buying the cryptocurrency is pretty much straightforward.

  • Download the Metamask platform and create a wallet
  • Fund your Metamask wallet. Simply buy Binance coin (BNB) on crypto exchanges such as Binance and transfer it to your Metamask wallet.
  • Now connect your Metamask wallet with Pancakeswap. Enter SHIBASWIFE, choose the amount you wish to spend, and click swap. You now hold Shiba’s wife, one of the most promising cryptos.

On the Flip Side

  • Despite the association with Shiba Inu, Shiba’s Wife is a completely new coin. It has different use cases and appeals. Therefore, the Shiba Inu community might not adopt the new coin with the same vigor they did with SHIB. This means there is no guarantee that Shiba’s Wife will grow at the same pace with Shiba Inu.

Why You Should Care Meme coins boast a massive following of a loyal community. Shiba’s wife could benefit from association with SHIB. In addition, its utilities such as a play to earn games and NFTs could accelerate its adoption. In addition, it is likely to get massive support from women and the majority of men who respect and advocate for respect of women’s rights. Therefore, the coin has massive growth potential.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.