What Are Meme Coins?
Meme coin is a cryptocurrency inspired by jokes, sarcasm or puns popular on social media. According to Coinmarketcap, there are currently around 124 meme coins. Tokens like Shiba Inu and Dogecoin are some of the most popular meme coins on the market. Mainstream cryptocurrencies like Bitcoin have been created with special technologies to enhance trading and transactions in the crypto market while meme coins have not been created with special uses or built-in value.
Are meme coins here to stay? No one could say because they might go mainstream or die suddenly once another spectacle caught everyone's attention. To get to this answer and increase the utility of the MEME coin, a new token has been developed rapidly. It is called A SHIB, and has been branded as the sister of the Shiba Inu.
What is SHIB?
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To the Shiba Inu Ethereum, Cardano is the sister of the Shiba Inu. Shiba Inu is Ethereum's most popular meme token. The ADA Shiba Inu 2.0, or A SHIB for short, is a Cardano-based version of the Shiba Inu that takes advantage of Cardano's Extended UTXO concept and reduced gas prices.
By joining the Cardano network, the A SHIB team hopes to significantly expand their community and create a new environment for content exchange and development. The goal is to launch a series of NFT Cardano, which will allow more artists to profit from blockchain advancements associated with the movement of non-exchangeable tokens.
Why ASHIB?
SHIB is a Cardano meme token that aspires to build a decentralized autonomous organization (DAO) with its own NFT marketplace and integration with others. Despite being a meme coin, it has several real-world applications and features such as NFT and DAO, which are now very popular. If you agree with this concept, please trade ADA for ASHIB and join the community!
ASHIB Token Features
Limited Token Supply - SHIB will reduce the total supply of 1 trillion tokens, which is significantly less compared to Shiba Inu Ethereum, which currently has 589 trillion tokens. But the founders were optimistic that the initial supply would be enough to conquer the Cardano landscape.
Burn Closure -They will then burn a large amount of our tokens based on the total amount sold during our public sale. For example, if only 20% of the tokens allocated for the public sale were sold, another 80% of the tokens for the public sale would be burned, as would 80% of the 800 billion tokens that were not allocated for the public sale. This is done to add value to the tokens purchased during our public sale.
DAO Formation - They want to establish a Decentralized Autonomous Organization (DAO) where community members can propose platform changes to be funded by DAO Treasury token reserves or Community Ideas.
CNFT Market - The goal of SHIB is to build a CNFT marketplace that accepts tokens as payment, as well as integrate A SHIB as a payment method for other CNFT marketplaces and launches.
How is ASHIB better than SHIBA INU?
However, SHIB will not enter the Ethereum network. Instead, it will go to the Cardano network, a smaller but rapidly growing blockchain platform that promises a lot of growth at lower gas costs—a payout that has cost investors and shareholders alike. With lower gas costs, investors and collectors of A SHIB can reinvest more of their money into the value of the coin itself and earn more if and as the value of the coin increases.
Another difference between A SHIB and Shiba Inu coins is the number of tokens available in the market. Shiba Inu owns more than 589 trillion tokens, of which A SHIB only has 1 trillion. With a smaller volume, the value per coin rises faster with each transaction.
SHIB will have a lot of non-exchangeable exclusive tokens in the coming weeks as well. They will only be available to A SHIB holders as this is the only mode of payment. By placing this closed access to a collection of high-potential coins in the fast-growing Cardano chain, the crypto world is most likely seeing a coin that will rise in value rapidly.
Team A SHIB seeks to massively grow their community and present a new ecosystem for content exchange and creation by logging into the Cardano network. The goal is to run Cardano's entire NFT suite, which will enable more artists to generate huge incomes through the blockchain innovations inherent in the non-exchangeable token movement.
The uniqueness of ASHIB
ASHIB is unique because the community behind it is unique. Anyone can create tokens and roadmaps, but having a community that goes to great lengths to create something fun and valuable is what makes ASHIB unique. One of the main unique features of ASHIB is that it will soon be used to purchase multiple CNFT channels. CNFT will be able to be purchased at a discount if the buyer uses the ASHIB token.
Uniquely, ASHIB set aside 25% of tokens for community ideas. Basically, they want to fund a community owned idea, whether it's a new utility, a marketing campaign, whatever the community is thinking, ASHIB wants to have the funds to make it happen.
Tokonomics
SHIB has a total supply of 1 trillion tokens. Although this is significantly less than Shiba Inu Ethereum, which has 589 trillion tokens, the founders believe that it is sufficient to accommodate the public sale, contribute to the DAO treasure, liquidity, community ideas, marketing efforts, CEX listings, and support it. team.
“We have allocated the majority of our tokens to our Community Ideas and DAO treasury. The idea is that we can equip those in our DAOs and those in the community with the resources they need to achieve community-led ideas and initiatives. We are looking for your ideas and voices on how this reserve should be best utilized,” explained the founders.
SHIB was founded by five anonymous content creators who prefer not to be seen by the public in order for the project to develop organically and not be influenced by their support team.
- Token Details
- Ticker: ASHIB
- Total Supply: 1,000,000,000,000 (1 Trillion)
Token Allocation
- Public Sales – 20%
- DAO Treasury – 15%
- Liquidity– 15%
- Community Idea – 25%
- Marketing – 5%
- CEX List – 10%
- Team – 10%
Roadmap
Currently: Initial Token Sale
As part of our public sale, 20% of our tokens are currently accessible for exchange, according to our tokens. The only way to download ASHIB without dex is via our website or p2pb2b.io launch pad.Burnt out
When the project starts on P2P on January 22nd, the public sale will end. A large number of A SHIB tokens will be burned at this time, based on the total number of tokens sold during the public sale. For example, if only 20% of tokens intended for public sale are sold, another 80% of public sale tokens will be destroyed, and another 80% of the 800 billion tokens that are not set for public sale will also be burned. This is done to increase the value of tokens purchased during the event.DEX & CEX List
The team plans to list ASHIB on the DEX after the public sale and the close of the burn. The exact date has not yet been determined. Follow @Sundaeswap on Twitter for updates on when their DEX will be available. On January 22, this project will be published on p2pb2b.io, the respected centralized exchange!Formation of DAO
The goal of this project is to create a Decentralized Autonomous Organization (DAO) where community members can submit suggestions for platform improvements to be backed by the DAO Treasury token reserve or Community Ideas.CNFT Marketplace is a marketplace run by CNFT.
The team hopes to develop a project-specific CNFT marketplace that accepts ASHIB as payment, as well as integrate ASHIB into existing CNFT marketplaces and launches.
How to Buy ASHIB?
You can get this ASHIB through the website or via https://p2pb2b.io/token-sale/367/ . Specifically, you can get ASHIB by sending ADA to the specified address at https://ashib.io/exchange
Conclusion
This project seems to be an excellent place to invest, similar to how Shiba Inu became famous. The number of tokens available on the market is also a big difference, or advantage, that ASHIB has over Shiba Inu currencies. SHIB only has 1 trillion tokens, while Shiba Inu has around 589 trillion. With a lower transaction volume, the value per coin rises faster with each transaction.
So much in the meme coin makes it something useful as well as interesting. Visit the website to find out more about A SHIB!
For More Information:
Website: https://ashib.io/
Telegram group: https://t.me/theashibtoken
Twitter: https://twitter.com/ashibtoken
Instagram: https://www.instagram.com/ashibtoken/
Linkedin: https://www.linkedin.com/company/ashib-token
Discord: https://discord.com/invite/DKAWjq7qAY
Author : Tpower19
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=3386675
Wallet address (from Yoroi wallet): addr1qxq4sxdul4af2cy8fvd3ajl4p7nmzvd7euug5rfyh56q62fsqvwnp8zk44ssv4t6wvde8uc2ddu4xawfx4ltn4awcjms2pz3wq