Review on SHIBA INU by Pedro O. Alvino M.
Ecosystem defi developed from the line generated in Doge.
A project developed from the generated pome of the Doge currency, a cryptomoned developed from a meme and that have a great very positive development in the market thanks to Elon Reeve Musk that has generated some interest in the currency and largely To Shiba Token given the similarity of the Token to Dogecoin.
Regarding the services offered by Shiba this has a Token Shib in which it is available on several dexs to generate profits from the liquidity of the Token, in addition, the project is developing an exchange based on the Defi ecosystem, thus allowing several Protocols defi to the shiba ecosystem.
In a way, the project ah a great interest and this due to certain interviews and tweets that has done to Elon Musk about Doge, which has caused great interest in the currency and projects that are based on the Dogecoin project as well as Shiba Inu , that this is one of the main project developed from the Trend of Doge in the market, and intends to generate a greater impact than the currency initiated from a Meme.
Pros
- Token supports several DEFI protocols in different DEX.
- It has a large commercial volume and listed in several reputable exchanges.
- Token backed by several renowned characters in the market.
- It has a great community in its social networks.
- The Token has counting an incredible bullish course.
Cons
- The project is still under development.
- The sustainability of the Token in the market can collapse at any time, given its parity with Doge.
- Being based on Ethereum can limit its use in the network given high rates costs in Token ERC-20.
