SHIBA INU COIN: ETORO AND SHIBA INU PARTNERSHIP CONFIRMED!
One day you’re on top of the world, making headlines. Not long after, you’re the laughing stock of the internet. That’s the curse of Shiba Inu, which, along with Bitcoin, Ethereum and pretty much every other cryptocurrency, tumbled in value on Monday. And Signs for a better week aren’t encouraging.
Shiba Inu Tokens
Shiba Inu has unique tokenomics. It has three tokens, each serving a different function. Shib. This is the main utility token of the ecosystem. It has dual utilities. Usable for fee payment on any Ethereum transaction, it is earned as a reward for supporting the ecosystem with liquidity. It is a tradable cryptocurrency, even though listed only on major exchanges. Leash and Bone are Dogecoin killers. While Shib’s main use is for fee and reward payment, the second token of the ecosystem is Leash. It is a scarce token to hedge the price of Doge on the Ethereum blockchain.
Social Media Speculation.
Getting added to a trading platform like eToro would add to the liquidity of the Shiba Inu coin and also raise its profile. In addition to crypto assets, eToro also supports stocks, which widens its reach. eToro already supports roughly two dozen crypto assets, including meme coin Dogecoin, whose mascot Doge served as the inspiration for the Shiba Inu cryptocurrency. The two meme coins have since become rivals. When eToro announced its support for DOGE, it said to investors, “You barked and we heard you.”
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