What is Shiba Inu (SHIB)?
The primary goal of SHIB was to create a decentralized community and ecosystem around the token.
The unique features of Shiba Inu (SHIB) are:
- The goal of Shiba Inu is to assess the functioning of a decentralized organization without having any central leadership.
- The SHIB token was partially created to be a direct competitor to Dogecoin and is often referred to as the “Dogecoin killer”.
- Built on the Ethereum blockchain, the SHIB meme coin is an ERC-20 token that uses the PoW consensus mechanism.
Read more: Shiba Inu vs Bitgert
Latest Shiba Inu News
- On May 22, 2023, Shibarium unveiled a SHIB burning mechanism that has gotten the community pretty excited. However, there are concerns about the source of information.
Breaking: previews of the $SHIB burn mechanism for Shibarium have been released 🔥🔥
— $SHIB BPP (@ShibBPP) May 21, 2023
- Continuing the burning of the token, the Blaze token has become the top-ranked SHIB burner in the ecosystem since its launch.
3 Billion $SHIB Burn. That’s Hot! 🔥 https://t.co/t50WIdRD7F
— $SHIB KNIGHT (@army_shiba) May 15, 2023
What is Volt Inu (VOLT)?
Volt Inu V2 is a highly deflationary token that is built on the Ethereum chain. The new meme coin has been growing with the use of multiple deflationary techniques and additional revenue generation. The aim that the Volt Inu token is chasing, is to offer a one-stop DeFi product that will help drive the profits back to the native token in order to support the deflationary purpose.
The VOLT token is invested in multiple defi platforms like NFTs, nodes, altcoins, staking and farming stablecoin, and so on. As Volt is a deflationary asset, the incurred profit on the treasury investment is to be used to buy back the VOLT tokens in order to burn them. Very recently, a proposal was passed that suggested the burning 45 trillion VOLT tokens worth over $75 million on a BNB Chain-to-Ethereum bridge.
The token was previously launched on the Ethereum chain, while 100% of the VOLT supply was allocated to the Uniswap liquidity. The burning mechanism was then introduced for the developers to protect the chain against bridge attacks while they are also improving the token value for the holders.
The unique features of Volt Inu (VOLT) are:
- VOLT token is designed to generate passive income for all the holders through NFT fractionalization and node acquisition. This aims to allow constant revenue generation, which is driven back to the token.
- A rank & reward system is implemented where-in the holders can burn the tokens by completing the weekly tasks assigned to increase the exposure of VOLT and make them eligible for bonuses.
- The Volt ecosystem connects with multiple NFT systems and may implement mechanisms that bind the token and the NFT projects.
- Volts’ 2D Racer, a browser-based online game, offers rewards in the form of VOLT tokens by playing online games and play-to-earn projects, based on the merit of their position on leaderboards.
Latest Volt Inu News:
- On May 20, 2023, Volt Inu announced on Twitter that they have listed Pepe meme coin on their Volt card.
Volted to announce that the @pepecoineth token has been listed on the #VOLTICARD ⚡
This listing allows $PEPE holders to spend their tokens on real world purchases by topping up their virtual or physical #VOLTICARD directly from their wallet 💸
👉 https://t.co/uOSeMw6niY pic.twitter.com/OYj4svAx4j
— Volt Inu ⚡️ (@VoltInuOfficial) May 19, 2023
- Volt Inu has recently announced that it would launch VoltiEco, a decentralized and autonomous protocol that aims to engage with multiple network, protocol, or blockchain airdrops.
It's time to #VOLT! #VOLTIECO will be launched within the next 3 weeks 🚀
But before doing so, let's look into what it is, what it does and how it works ⚡️
Deck 👉 https://t.co/KuWRcBWEur
TL;DR🧵👇 pic.twitter.com/khE1CKqt56
— Volt Inu ⚡️ (@VoltInuOfficial) April 17, 2023
Shiba Inu Price Prediction 2023
Source: TradingView
- The SHIB price today is running at $0.000001121, with a 24-hour trading volume of $100,521. The SHIB price has seen a surge of about 1.35% in the last 24 hours. The market cap of SHIB is standing at $15,809,887 as of May 23, 2023.
- After repeating the previous pattern, where it tested the lower support after breaking down from the trend line, the SHIB price surged to attempt to reach its price on May 9, 2023.
- However, this trend is believed to rebound during H2, and the levels may trade around $0.000014 by the end of 2023.
Additional Read: Shiba Inu Price Prediction
Volt Inu Price Prediction 2023
Source: TradingView
- The VOLT price today is running at $0.0000006195, with a 24-hour trading volume of $15,422,117. The VOLT price has seen a drop of about 6.03% in the last 24 hours. The market cap of VOLT is standing at $34,350,814 as of May 23, 2023.
- The price has seen a drop since the beginning of May with an attempt to break from its $0.0000006195 cycle.
- The continuation of the price levels may soon see a change with the new launches that are laid ahead in its roadmap, by the end of 2023.
Read on: Volt Inu Price Prediction
How to Invest in Shiba Inu and Volt Inu
Investing in crypto is super simple, safe, and secured with CoinDCX app. It does not matter whether you want to buy SHIB or wish to trade VOLT tokens today, we have got you covered.
Here are the 4 simple steps to buy your first SHIB or VOLT with CoinDCX.
- Sign up on CoinDCX
- Complete your KYC
- Link your bank details
- Buy Shiba Inu (SHIB) or Buy Volt Inu (VOLT)
FAQs:
One whole SHIB token is worth $0.000001121 at the time of writing. Shiba Inu is one of the meme coins that exist in the crypto world. Similar to how BTC tokens are available to be invested in, on various exchanges; same stand for SHIB tokens. Volt Inu V2 is a highly deflationary token that is built on the Ethereum chain. The new meme coin has been growing with the use of multiple deflationary techniques and additional revenue generation. The ATH of the VOLT token is $0.0000003513How much is 1 Shiba coin worth?
Is Shiba Inu a real investment?
What is VOLT crypto?
What is the all-time high of the VOLT coin?
Related posts
How Blockchain is Transforming the Future of Banks and Financial Institutions
Blockchain streamlines cross-border payments with faster, cheaper transactions.
