This meme-based crypto token has skyrocketed in recent days after speculation a large "whale" purchased 6.2 trillion SHIB for $44 million. The cryptocurrency has been receiving more social media attention in recent days, boosted by Elon Musk's tweet about his Shiba Inu dog, Floki. After the tweet, the hashtag #SHIB quickly became trending on Twitter.The Shiba Inu was introduced in 2020 and aimed to be the Ethereum-based equivalent of Dogecoin. Several celebrities and prominent individuals, including Elon Musk and Vitalik Buterin, tweeted about the new cryptocurrency and its potential. Since then, however, the cryptocurrency has become a hot topic in discussions about cryptocurrencies and blockchain technology.The Shiba Inu is a token built on the Ethereum blockchain. Like Dogecoin, it is also an ERC-20 token, and has the same dog-themed branding. Similarly, it's a great asset for in-game purchases, and its developers and major publishers may be willing to partner with developers to make it work with their titles. The concept of an in-game item being able to be bought and worn in multiple games makes it a perfect example.
Shiba Inu is built on the Ethereum blockchain
It is a layer-two blockchain project. It helps to reduce fees and increase processing times by reducing the amount of information stored on the chain. This cryptocurrency will be a popular asset in games. While the Shiba Inu is an ERC-20, it is still tied to the flaws of Ethereum, which is prone to high transaction fees and slow processing.While SHIBAYC is a cryptocurrency, the cryptocurrency can be used for in-game purchases. It's possible to sell in-game assets through SHIBAYC. The coin's name, SHIBAYC, has a decentralized nature. It is an asset that can be exchanged between different games. A player can trade in SHIBAYC in one game and sell it in another.Despite the challenges associated with this new currency, it is important to note that SHIBAYC is expected to become an asset used for in-game purchases. In addition to the benefits of SHIBAYC, it can also be used for in-game currency transactions. Currently, SHIBAYC is the asset that is being backed by Ubisoft.The SHIBaYC was first introduced on the Ethereum network in 2015 and is now an ERC-20 token on the Ethereum network. The cryptocurrency's value reflects its liquidity. Unlike other cryptocurrencies, SHIBAYC is not regulated by any central authority. The creator has made it public that SHIBAYC is an asset that can be used for in-game purchases.
Additional Information
With SHIBAYC, players can buy and sell items in other games and continue playing with them. NFTs also allow gamers to transfer their in-game assets between different types of games. For instance, a player can transfer their SHIBAYC token to a different Tom Clancy shooter. Likewise, a player can trade in SHIBAYC in any other game, and vice versa.The SHIBAYC coin is set to be an asset that will be utilised for in-game purchases. This currency has already been added to the popular cryptocurrency exchange Coinbase. The currency has also been added to the popular stock trading app Robinhood. While SHIBAYC is not listed on the Coinbase app, it has been added to the Tykhe Block Ventures platform.In September, SHIBAYC soared 35% and climbed to the top 10 among all cryptocurrencies. After the token's listing on Coinbase, the currency also made its way to the decentralized exchange Uniswap. Ishan Arora has been closely involved with the project and believes that the cryptocurrency will eventually be a "game changer."The Shiba Inu's foundational currency is the SHIB. Its supply is one quadrillion SHIB, which is equivalent to $1 billion.
Learn More about project:-
● https://shibayc.com/
● https://t.me/shibayc
● https://twitter.com/shibayc_eth
● https://github.com/shibayc/shibayc