- A new meme coin (SHIFU) is about to hit the Shiba Inu ecosystem as the team reveals full details of the token economy.
- This meme coin is said to be the “lord of all,” with a total supply of 100,000,000,000.
A new meme coin, Shifu (SHIFU), is coming to the Shiba Shiba Inu (SHIB) ecosystem as the team unveils tokens and a massive airdrop campaign. According to a report shared on X, the meme coin will be launched on both the Ethereum and Shibarium blockchains.
The report revealed that SHIFU will have a total supply of 100,000,000,000. Of this, 30,000,000,000 SHIFU (30% of the supply) will be allocated to airdrop for the community. In short, 50% of the supply will be released at a token generation event (TGE), while the remaining 50% will be released over the course of four weeks.
According to the information, users holding 100,000 SHIB tokens and 100 Bubble (BUBBLE) tokens will be eligible for an airdrop that includes 22% of the total supply of SHIFU. Additionally, 4% will be allocated to holders of Shib Games, Doge Killer (LEASH), Bone ShibaSwap (BONE), and non-fungible tokens (NFTs) Shiboshi & Shiboshi.
Specifically, LEASH holders will receive 2%, BONE holders will receive 1%, and gaming and NFT holders will receive 0.5% each. Finally, 4% of the total supply will be distributed to participants in the Imaginary Ones Carnival and NFT initiatives.
SHIFU, a groundbreaking partnership between Shiba and Imaginary Ones, is offering an amazing airdrop exclusively for our loyal Shib community! 🌟Here’s how to distribute airdrop supplies:
Bid 22%: 100,000 contract $SHIB + 100 $ bubble To qualify. 4% Offer: Reserved… pic.twitter.com/4cp5UieUzs— Shep | Treat yourself season (@Shibtoken) December 16, 2024
More about SHIFU Tokenomics
Further analyzing the SHIFU tokens, we noticed that 25% of the total supply will be used for liquidity on various centralized and decentralized exchanges. 15% will be allocated to the general pre-sale. Meanwhile, the public premiere date has not been announced yet.
10% of the offering will also be allocated to marketing, specifically partnerships and campaigns, while 20% will be reserved for treasury to support the network’s long-term growth. According to reports, this project is being developed in partnership with Shiba Inu’s Chitoshi Kusama and Kal Dhairya.
Recently, the project gained momentum after Kusama responded to a tweet from popular cryptocurrency investor, Lark Davis, who has over a million followers. Davis hinted that the Shiba Inu developers are introducing a new dog-themed currency and described it as “the master of all.”
The developers behind $shib introduce a new cryptocurrency dog. Shifu! Master of all! A legitimate meme coin launched by the second largest meme coin by market cap and community in all cryptocurrencies! There will be a crazy airdrop for SHIB, BUBBLE, LEASH, and IO NFT holders. The shot will be coming soon. almost.
Meanwhile, SHIB is approaching its yearly high of $0.000033 as it trades at $0.000027 at press time. According to analyst Javon Marks, SHIB could rise 180% to $0.000081 in the near term.
According to our research, on-chain data supports this bullish thesis. The total number of wallet addresses exceeds 2 million, and the total number of transactions processed exceeds 600 million.
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Source: https://www.crypto-news-flash.com/shifu-shiba-inus-new-meme-coin-revealed-all-the-details/?utm_source=rss&utm_medium=rss&utm_campaign=shifu-shiba-inus-new -Mimi Coin revealed all the details