Milford, Delaware–(Newsfile Corp. – August 5, 2022) – The ShibaDoge team is excited to announce the release of the SHIBDOGE token. According to the team, the token was initially released as an Ethereum-based utility subtoken built on the principles of community, unity, and decentralization.
The ShibaDoge token was launched on December 24, 2021, and half of the total supply of 420 sextillion was burned as soon as it was launched.
ShibaDoge Tokenomics
The Tokenomics of ShibaDoge are designed to reward holders and grow the project through a buy and sell tax implemented on every transaction. ShibaDoge Tokenomics follow the 5 by 5 by 5 model, where a total of 15% of every transaction is equally distributed to the liquidity pool, holders, and marketing wallet.
The tokenomics for ShibaDoge also contains anti-whale protections by limiting an individual max wallet to 1%, meaning no single wallet can control a majority of the supply of the token.
Liquidity Pool
ShibaDoge has the majority (85%+) of its liquidity locked in the smart contract forever. This means that no one, not even the developers themselves have access to the liquidity pool, further ensuring the safety and longevity of the token holders and project – a tailored solution embracing the long term vision of ShibaDoge and fulfilling the vision of decentralization. At the time of publishing, less than 15% of the ShibaDoge liquidity pool is kept by 3rd party liquidity locker Unicrypt.
How to buy ShibaDoge
ShibaDoge tokens are available for sale on Uniswap, although prospective investors can purchase it from any of the six centralized exchanges where it is listed.
The team advised intending investors to visit Uniswap and search the token contract address: 0x6adb2e268de2aa1abf6578e4a8119b960e02928f in the seller’s app: https://app.uniswap.org/#/swap?chain=mainnet. They can then swap Ethereum for whatever volume of the token they desire.
Other exchanges where the ShibaDoge token can be purchased are Lbank, XT.com, Hotbit.io, Digifinex, BKEX and Bitmart.
ShibaDoge NFTs
The ShibaDoge NFTs are the projects official first entry point into Non-Fungible Tokens (NFTs). At the time of publishing, there are two NFT collections released under the ShibaDoge ecosystem. Each collection contains a series of 10,000 unique hand drawn NFTs, representing highly trained and specialized combat veterans who are working together on the frontlines to one day see cryptocurrency become the official currency of earth.
The collections are known as the Doge Army and Shiba Army and can be traded on the NFT marketplace OpenSea. ShibaDoge’s 3rd project is a highly anticipated collection and will be exclusively available to holders of pairs in each collection. The NFTs are used to gain exclusive access to various rewarded activities within the ecosystem and project governance.
Community of ShibaDoge
Within 7 months, the ShibaDoge ecosystem represents more than 25,000 wallet addresses holding the SHIBDOGE token and more than 3,000…
