Shiba

Token

Shifu

Generation

Shiba Inu

TL;DR
<ul>
 <li> Shifu, a new meme coin in the Shiba Inu ecosystem, has a total supply of 100 billion tokens, with 30% allocated for a community airdrop.</li>
 <li>Despite the effort, SHIB’s valuation remains stable at $0.00002733. However, a 240% surge in large transaction volume and Shibarium’s rapid progress could boost the asset’s utility and drive future price increases.</li>
</ul>
<h2 id="span-data-preserver-spaces-true-a-href-https-cryptopotato-com-wp-content-uploads-2024-12-shib_cb-65-jpg-data-wpel-link-internal-rel-noopener-noreferrer-nofollow-a-span"><a href="https://cryptopotato.com/wp-content/uploads/2024/12/SHIB_CB-65.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a></h2>
<h2 id="the-terms-and-conditions">The Terms and Conditions</h2>
Shifu – a new meme coin project introduced by the Shiba Inu ecosystem – launched an airdrop exclusively for the SHIB community.
The total supply of SHIFU is 100,000,000,000 coins. The project <a class="editor-rtfLink" href="https://docs.shifutoken.com/tokenomics" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">revealed</a> that 30% of that amount will be allocated for the community airdrop, with 50% unlocked during the Token Generation Event (TGE) and the rest released in the next four weeks. The team will require a snapshot from eligible users, but the final deadline has not yet been announced.&nbsp;
It is important to note that 22,000,000,000 SHIFU tokens will be distributed to some of those holding at least 100,000 SHIB and 100 BUBBLE.&nbsp;
2,000,000,000 SHIFU will be allocated to eligible LEASH holders, while lucky BONE owners will receive 1,000,000,000 SHIFU. The remaining 4,000,000,000 tokens are meant to reach the BUBBLE community.&nbsp;
The team added that 70% of the total supply (70 billion SHIFU) will be distributed for other purposes. 40 billion tokens will go to the “liquidity and public pre-sale” section, 20 billion will reach treasury, whereas 10 billion will fund marketing initiatives.&nbsp;
SHIFU is a dog-themed meme coin that has yet to go live. Earlier this month, the popular X user Lark Davis <a class="editor-rtfLink" href="https://x.com/TheCryptoLark/status/1864177260460204195" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">described</a> it as “the master of all,” highlighting its legitimacy due to its connection with Shiba Inu’s developers.
<h2 id="span-data-preserver-spaces-true-shib-price-outlook-span">SHIB Price Outlook</h2>
The announced airdrop seems to have caused little-to-no price volatility for the second-largest meme coin. SHIB is up a mere 1.5% in the last 24 hours, currently trading at around $0.00002733. Its market capitalization remains hovering at approximately $16 billion, making the asset the 15th-biggest in the entire crypto sector.
<figure id="attachment_375009" aria-describedby="caption-attachment-375009" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/12/SHIB-Price-5.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="wp-image-375009" src="https://cryptopotato.com/wp-content/uploads/2024/12/SHIB-Price-5.png" alt="SHIB Price" width="571" height="400" srcset="https://cryptopotato.com/wp-content/uploads/2024/12/SHIB-Price-5.png 1050w, https://cryptopotato.com/wp-content/uploads/2024/12/SHIB-Price-5-300x210.png 300w, https://cryptopotato.com/wp-content/uploads/2024/12/SHIB-Price-5-1024x718.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/12/SHIB-Price-5-768x538.png 768w, https://cryptopotato.com/wp-content/uploads/2024/12/SHIB-Price-5-50x35.png 50w" sizes="(max-width: 571px) 100vw, 571px"></a>
 <figcaption id="caption-attachment-375009" class="wp-caption-text">
 SHIB Price, Source: CoinGecko
 </figcaption>
</figure>
On the other hand, some important metrics suggest that Shiba Inu may experience a much more substantial increase in the near future. One of those is the large transaction volume (where each SHIB transaction is greater than $100,000). 
According to IntoTheBlock, the figure has <a class="editor-rtfLink" href="https://app.intotheblock.com/coin/SHIB" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">soared</a> by 240% on a daily scale, reaching $175 million. Such a spike might be interpreted positively by traders, driving further demand for SHIB and pushing the price upward.
Shibarium’s progress is also worth mentioning. The layer-2 scaling solution has been processing millions of transactions in the past several days, <a class="editor-rtfLink" href="https://cryptopotato.com/shiba-inus-shibarium-reaches-a-new-milestone-details/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">blasting</a> through numerous milestones. Shibarium’s advancement can have a notable impact on SHIB’s valuation due to its role in improving the utility, adoption, and efficiency of the entire ecosystem.&nbsp;
The post <a href="https://cryptopotato.com/shiba-inu-related-project-introduces-a-special-airdrop-details/" rel="noopener noreferrer nofollow">Shiba Inu-Related Project Introduces a Special Airdrop: Details</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Shiba Inu-Related Project Introduces a Special Airdrop: Details

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