Shiba Inu, the DOGE Killer: a Decentralized Deflationary Store of Value

[Daltonik]

Those who want to watch the live AMA Certik with the Shiba developers can follow the link, here is the full version without notes, a version collected from questions and answers will be posted later.
https://www.twitch.tv/videos/1071632440

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[Daltonik]

Published an article "I AM SHIBA" by one of the developers under the nickname in discord @Cat (UK / BST+0) about the formation of Shiba inu and its creators and followers, as well as about its developers, revealing some details about the people behind the project. https://multiply.substack.com/p/i-am-shiba  Link to the message in the woof announcements discord channel: https://discord.com/channels/740287152843128944/842325653923168286/860294324595458078

[jqprez]

We will see shib to 1$ ? Is it possible?

[cesmak]

We will see shib to 1$ ? Is it possible?

I will be real happy if it will reach 0.01$... 

[icobits]

We will see shib to 1$ ? Is it possible?

I will be real happy if it will reach 0.01$... 

Nah, it will not happen not in this lifetime  It will only happen if the world's economy become like what's happening in Venezuela and bitcoin takeover the world trading stage.

[Daltonik]

The site was updated https://www.shibatoken.com/ now the "Use ShibaSwap" button has appeared in the upper right corner, when you click on it, it takes you to the page https://shibaswap.com/ with the inscription "WOOFING SOON", apparently the team is preparing to go on the air ShibaSwap

[Daltonik]

ShibaSwap is out and running, you can put in a stake Shib or Leash and get a Bone, join the official channels in discord and telegram to learn more https://discord.gg/shibatoken https://t.me/shibainuthedogecoinkiller https://discord.com/channels/740287152843128944/861879016172290048/861883108797710336

[Daltonik]

During the day after the launch of ShibaSwap, TVL amounted to $1.22 billion, more than 40 trillion Shibs were transferred to stake. According to the developers, Certik is currently comparing the original ShibaSwap contracts with the contracts transferred to it after the deployment of ShibaSwap, and they are also working on Skynet and should make their verdict in the near future.

[Daltonik]

Certik has completed the audit of ShibaSwap, which lasted almost 2 months since May 12, the results can be seen on the Certik website https://www.certik.org/projects/shib#audit

[Daltonik]

CertiK has published the overall result of the ShibaSwap audit, the platform received 92 points, you can get acquainted with the results on the certik website https://www.certik.org/projects/shib#audit

[Daltonik]

CertiK raised $37 million in a Series B funding round led by hedge fund Coatue Management and venture capital firm Shunwei Capital. https://www.certik.io/blog/announcements/certik-completes-series-b-funding#home
The Shiba developers also congratulated CertiK on this achievement and jokingly announced their readiness for a new audit.

[slaman29]

CertiK raised $37 million in a Series B funding round led by hedge fund Coatue Management and venture capital firm Shunwei Capital. https://www.certik.io/blog/announcements/certik-completes-series-b-funding#home
The Shiba developers also congratulated CertiK on this achievement and jokingly announced their readiness for a new audit.

Don't you find it strange that almost all the big rugpulls that happened actually had their contracts certified by Certik (not that I followed all of them but you know, there are just too many to follow at some point)?

Not saying Certik's a scammer but saying that they're still far behind the hackers. And they STILL can raise 37 million? Not bad I guess.

[Daltonik]

CertiK raised $37 million in a Series B funding round led by hedge fund Coatue Management and venture capital firm Shunwei Capital. https://www.certik.io/blog/announcements/certik-completes-series-b-funding#home
The Shiba developers also congratulated CertiK on this achievement and jokingly announced their readiness for a new audit.

Don't you find it strange that almost all the big rugpulls that happened actually had their contracts certified by Certik (not that I followed all of them but you know, there are just too many to follow at some point)?

Not saying Certik's a scammer but saying that they're still far behind the hackers. And they STILL can raise 37 million? Not bad I guess.

Yes, you are right, of course, about CertiK, but here it is necessary to look at their entire portfolio of audits conducted, for example, there is another assessment from Defi Safety for ShibaSwap, and they set an overall score of 35%. https://defisafety.com/2021/07/07/shibaswap/

[Daltonik]

The developer reminds that in the area of block 12872000, the number of bones per block will decrease to 100. After that, the reduction curve will begin until they are fully minted in 2024.

@Eric M#8343 — Yesterday at 3:30 PM
Hi everyone on that bloody day in the whole market!
Jumping here to remember that today is the last day of the Liquidity Event and around the block 12872000, the Bones per block will decrease to 100. After that, the reduction curve will start, until they are fully minted on 2024.

If you ask me, now the game starts.
New coming soon!

[Daltonik]

So today there is a Party planned for the Shiba Inu community (SHIBARMI) with the participation of British DJ and producer in the trance genre Gareth Emery who wants to watch and ask their questions to the participants can follow the link https://www.youtube.com/watch?v=eHGlU3ehEco

[MoneyJ]

Indeed impressive marketing with Shiba Inu, for a rival to Doge. Got to stick with this project as it is one of the popular new crypto that surfaced.

[epis11]

We will see shib to 1$ ? Is it possible?

Its deflationary so I think its possible in 2-3 years from now look at Doge today its not Deflationary but the price reached almost $1 this year if the market is in bear now we can hold this one and we can see the result in the next bull run I suggest to buy, hodl and forget about it and return in 2-3 years then check the price again its either 0 value or millions of dollars waiting for you just for holding.

[koang]

So today there is a Party planned for the Shiba Inu community (SHIBARMI) with the participation of British DJ and producer in the trance genre Gareth Emery who wants to watch and ask their questions to the participants can follow the link https://www.youtube.com/watch?v=eHGlU3ehEco

While the party is prepared SHIB is bleeding, so many people want a burning supply and I hope the team think of a big burn,  Please do it
This token needs to be burned not a party

[epis11]

So today there is a Party planned for the Shiba Inu community (SHIBARMI) with the participation of British DJ and producer in the trance genre Gareth Emery who wants to watch and ask their questions to the participants can follow the link https://www.youtube.com/watch?v=eHGlU3ehEco

While the party is prepared SHIB is bleeding, so many people want a burning supply and I hope the team think of a big burn,  Please do it
This token needs to be burned not a party

Is the developers of SHIB possible to burn more SHIB? So it does mean that they also control huge amount of SHIB? from my understanding that SHID donated to VB is supposed to be burned now and not in circulation its 50T added to circulation that supposed to be not circulated,

[Daltonik]

So today there is a Party planned for the Shiba Inu community (SHIBARMI) with the participation of British DJ and producer in the trance genre Gareth Emery who wants to watch and ask their questions to the participants can follow the link https://www.youtube.com/watch?v=eHGlU3ehEco

While the party is prepared SHIB is bleeding, so many people want a burning supply and I hope the team think of a big burn,  Please do it
This token needs to be burned not a party

Is the developers of SHIB possible to burn more SHIB? So it does mean that they also control huge amount of SHIB? from my understanding that SHID donated to VB is supposed to be burned now and not in circulation its 50T added to circulation that supposed to be not circulated,

Regarding the burning of tokens, the developers have repeatedly reported that it will not be, since, according to them, there are no tokens in the hands of developers. Of course, many people bought Shiba at the peak of its value and this led to big losses for investors, many had hope for the deployment of ShibaSwap, but its launch, as we can see, did not lead to an increase in the price of the token itself, but made it possible to create Shiba tokenomics, so I personally do not see triggers for the growth of Shiba at this period of time, perhaps the developers have something else up their sleeve to surprise us.

The developers themselves are already talking about phase 2, which involves the deployment of their blockchain and the introduction of a new Shibarium token to reduce transaction fees, but so far I don't see any triggers for the growth of Shiba.