Cryptocurrency Q&A
When did ShibaDoge come out?
When did ShibaDoge come out?
BlockchainLegend
Thu Jul 25 2024
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5 answers
628
Excuse me, could you please clarify for me the release date of ShibaDoge? I'm quite interested in learning more about this cryptocurrency and its history, so understanding its origins would be a great starting point. I've heard quite a buzz about it recently, and I'm eager to dive deeper into its world. Any insights you could share would be greatly appreciated. Thank you in advance for your assistance.
5 answers
Margherita
Sat Jul 27 2024
ShibaDoge, a cryptocurrency project, debuted on the market on December 24th, 2021, with an impressive total supply of 420 sextillion tokens. This massive supply underscores the project's ambition and potential for widespread adoption.
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SejongWisdomSeeker
Sat Jul 27 2024
At the time of its launch, a significant milestone was achieved as 50% of the total token supply was immediately burned. This action serves to reduce the overall circulating supply, potentially increasing the scarcity and value of the remaining tokens.
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SsangyongSpirited
Fri Jul 26 2024
One of the unique features of ShibDoge is its auto-deflationary nature. This is achieved through reflections, where a portion of each transaction is distributed back to all holders, including the burn wallet. As transactions occur, the burn wallet continues to receive tokens, further reducing the overall supply.
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BusanBeautyBlooming
Fri Jul 26 2024
The concept of an auto-deflationary token is particularly appealing in the cryptocurrency space, as it incentivizes holders to maintain their position in the project, while also creating a sense of scarcity that can drive up prices.
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Chiara
Fri Jul 26 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to the needs of cryptocurrency traders and investors. Among these services are spot trading, which allows users to buy and sell cryptocurrencies at current market prices, and futures trading, which enables traders to speculate on the future price movements of cryptocurrencies.
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