Shibnobi (SHINJA) crypto: Is this more than just a meme-based token?

February 01, 2022 08:55 PM AEDT | By Manu Shankar
 Shibnobi (SHINJA) crypto: Is this more than just a meme-based token?
Image source: © Sdecoret | Megapixl

Highlights

  • Shibnobi (SHINJA) crypto is primarily a community-driven token that allows swapping facilities to investors.
  • Launched in November 2021, the Shibnobi crypto aims to make crypto investment a safe and viable option for average investors.
  • The price value of the SHINJA token was not much to speak about and it was trading at US$2.35e-14 with a trading volume of US$5,836,069 over a day. At the time of drafting, Shinja token was up by 2.81%.

Shibnobi crypto (SHINJA) is primarily a community-driven token which allows swapping facilities to the investors. The Shibnobi crypto, dubs itself as more than just a meme-based token and promises to add utility value to its holders. Launched in November last year, the Shibnobi crypto aims to make crypto investment a safe and viable option for average investors.

As a deflationary token, it is built on Kusari Blockchain, which offers multi-chain swapping facilities across Ethereum, Binance, Cronos, and Polygon networks. The Shibnobi token has been setting the charts on fire following a rally of over 2.61% in the past 24 hours.

The SHINJA token has seen an outstanding rally in the past 14 days by registering gains of well over 225.4% and 137% gains over the past week itself according to Coingecko.

Reason for rally 

The Shibnobi token has seen an outstanding rally on the back of the SHINJA billboard campaign on Broadway NYC. The billboard campaign has been on for more than a week and has attracted investors and enthusiasts.

Also read: Will Kazakhstan resume its crypto mining operations following blackout?

Image Credit: Twitter @Shib_nobi (Shibnobi)

Besides, it also got its share of influencer marketing following a retweet from Shibnobi team, which suggested that it has roped in Hollywood actor Martin Kove as one of its ambassadors.

The Karate Kid actor expressed his love for the SHINJA token by suggesting that from here on he will be known as SHINJA Sensei.

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Shibnobi boasts of a complete ecosystem that allows the token to get its real-time value. The Shibnobi crypto ensures the price appreciation of about 5% through its liquidity pool tax, which is distributed within the pool.

Also read: India to launch Digital Rupee in 2023, Virtual Digital Assets to be taxed

Besides, it offers the holders for holding the token and by reallocating a small percentage of the transactions to promote further adoption. 

How is Shibnobi’s price faring?

Shibnobi is governed by its native token SHINJA and is ranked 2907 on CoinMarketCap. It was trading at US$2.35e-14 with a trading volume of US$5,836,069 over a day. At the time of drafting, Shinja token was up by 2.81%. The Shibnobi token, according to the website, has a circulating supply of 37,507,764,933,034,490,000,000 SHINJA coins.

Shibnobi crypto is audited by TechRate to make sure that it complies with all rules and regulations. According to the company whitepaper, it is in the process of getting a certificate from Certik, which would further enhance the projects credibility.

Backed by a strong team, led by Led by Cliff Fettner, Andre Santos, Luke C, and Speros Palmer, the token seems to have strong fundamentals to make it a success in the future. 


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