A new meme coin project has emerged from the beloved Shiba Inu ecosystem, and it’s creating quite the buzz with a special airdrop for its dedicated community! Named Shifu, this token boasts a grand total supply of *100 billion tokens, with a generous *30%* earmarked* specifically for community members through a targeted airdrop.
Despite the excitement surrounding this initiative, the current valuation of SHIB remains steady at $0.00002733*. During this time, however, there’s been a significant uptick in activity, with a *240%* surge* in large transaction volumes. Add to that the impressive strides made by Shibarium, and the stage is set for potential increases in value in the future.
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The Details of the Airdrop
The Shifu project has taken a step forward by launching an exclusive airdrop for the SHIB community. Out of the total supply of 100 billion coins, 30% is specifically set aside for the airdrop. Here’s a quick breakdown of what to expect:
- *50%* of the airdrop will be unlocked during the Token Generation Event (TGE).
- The remaining coins will be made available over a span of the subsequent four weeks.
- A snapshot will be conducted to identify eligible users, although the exact deadline for this snapshot has yet to be declared.
Those who hold at least *100,000 SHIB* and *100 BUBBLE* will be in line to receive a whopping *22 billion SHIFU tokens. Meanwhile, *LEASH holders can anticipate receiving *2 billion SHIFU, while *BONE owners stand a chance to snag *1 billion SHIFU* tokens. The community that supports BUBBLE will also benefit, with *4 billion tokens* allocated for them.
The remaining *70%* of the total supply, which amounts to *70 billion SHIFU*, is designated for various other needs. This includes:
- *40 billion tokens* aimed at liquidity and a public pre-sale.
- *20 billion tokens* to boost the treasury.
- *10 billion tokens* allocated for marketing initiatives.
SHIFU is marketed as a dog-themed meme coin and is still in the pre-launch phase. Notably, renowned X user Lark Davis has labeled it as “the master of all,” boosting its credibility due to its connection with the developers behind Shiba Inu.
What’s Next for SHIB?
The announced airdrop has had surprisingly little impact on SHIB’s price fluctuations. It has experienced a slight uptick of *1.5%* over the last 24 hours, currently resting around $0.00002733*, with a market cap lingering at about *$16* billion. This keeps *SHIB firmly positioned as the *15th-largest asset* in the entire crypto landscape.
Interestingly, emerging metrics point toward a potential bright future for Shiba Inu. The volume of significant transactions—those exceeding $100,000*—has skyrocketed by *240%* in a single day, reaching an impressive *$175* million. This increase signals a growing interest among traders, which could lead to further demand for *SHIB.
Let’s not overlook the significant progress of Shibarium, the layer-2 scaling solution that has seen an explosion of over millions of transactions recently, achieving numerous milestones along the way. The advancements in Shibarium could substantially influence SHIB’s value by enhancing the overall utility, adoption, and efficiency of the ecosystem.
As the Shifu project unfolds, it welcomes the community to engage with its offerings and potential rewards. This could be an exciting chapter for those involved in the Shiba Inu universe. Stay tuned for more!
