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The issuance price and total issuance volume of Shiba Inu Coin can be understood in one article

SHIB, launched on Uniswap in 2020 at $0.00000001 per token, with a total issuance of 1 quadrillion, divided equally between Uniswap liquidity and Ethereum co-founder Vitalik Buterin.

Oct 05, 2024 at 02:17 am

Shiba Inu Coin Issuance Price and Total Issuance Volume

1. Issuance Price

  • Shiba Inu Coin (SHIB) was initially offered on Uniswap in August 2020 with a value of $0.00000001 per token.

2. Total Issuance Volume

  • The total number of SHIB tokens issued upon launch was 1 quadrillion (1,000,000,000,000,000).
  • Of this total, 50% (500,000,000,000,000) was locked into Uniswap for liquidity provision.
  • The remaining 50% (500,000,000,000,000) was sent to Ethereum co-founder Vitalik Buterin, who subsequently donated a large portion of his tokens to charity.

Breakdown:

Initial DistributionAmount
Uniswap Liquidity500,000,000,000,000 SHIB
Vitalik Buterin500,000,000,000,000 SHIB
Total Issued1,000,000,000,000,000 SHIB

Note:

  • The total supply of SHIB remains at 1 quadrillion tokens, despite significant burns that have reduced the circulating supply.
  • The current circulating supply is estimated to be around 589,000,000,000,000 SHIB.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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