2021 was an incredible year for the Shiba Inu token as well as the community. Its value surged several times over, but it still trades for pennies on the dollar. Shiba Inu Token has returned over 1700% to its investors over the course of 2021, compared to 70% and 453% percent for BTC and ETH, respectively. According to CoinMarketCap, this is enough to make the coin one of the world’s most popular cryptocurrencies. The Shiba Inu token saw its highest ever price listing, with an all-time high of $0.00008870.
With a market capitalization of $18,666,930,827, Shiba Inu is easily one of the most popular meme-coins out there. Shiba Inu also has its very own DEx named ShibaSwap, with a Total Value Locked of $384 Million, making it one of the largest decentralized exchanges in the world. An element that stays true throughout the Shiba Inu ecosystem is its community-centric outlook. The Shiba Inu collective, or Shib Army, has been very vocal in its support for this coin. Now, in order to expand its utility to a larger landscape of users, ShibRWD is bringing forward a dividend-based system to raise Shiba Inu’s value.
What is ShibRWD and what is its objective?
ShibRWD (SRWD) is an Ethereum based token that is designed to further spread Shiba Inu’s wings or paws in this scenario. Through reflections, ShibRWD has produced a token that produces dividends in the SHIB. It is a community-driven token that aims to provide genuine value to investors while also expanding and empowering the Shiba Inu Token Ecosystem.
ShibRWD Token holders are rewarded with 4 percent reflections in SHIB by imposing a 12 percent tax on every transaction, buy, sale, and transfer. Furthermore, in this new dividend-style investing, investors profit not only from capital appreciation in the local token (SRWD) but also from dividend appreciation in the foreign token (SHIB), which is not influenced by the same inflationary effects as fiat currencies.
Within its first nine days, the ShibRWD smart contract was purchased in excess of $500,000 from the Open Market. One of the project’s key goals is to acquire a minimum of $1,000,000 worth of SHIB every day. This goal not only lowers the quantity of Shiba Inu tokens in circulation, raising the price of SHIB on the open market but also raises the value of dividends paid to ShibRWD investors.
The founders of ShibRWD feel this goal will increase the Shiba Inu Ecosystem’s durability and prosperity, as well as the utility it will have in the future. They are certain that this is the greatest technique for crypto asset investors to build a robust portfolio and receive passive income, allowing them to achieve financial independence. The creators gave out 100,000,000,000 ShibRWD Tokens worth over $24,000 apiece on Christmas Day as part of their Christmas Giveaway.
At the moment, the token can be acquired on these medium:
Uniswap: Token Contract Address: 0xa518c9f3724cced4715e6813858dc2ce9b21ed78
Meet the Team
ShibRWD’s success is not due to an anonymous crew. The members of the team have been properly doxed and have undergone KYC verification. They have the necessary skills and track record to successfully create a launch and market crypto-related products.
The team members have joined together to develop an environment where every community member is uplifted and respected. ShibWRD was co-founded by Mr. Calvin Sanchez (KYC VERIFIED), a fintech specialist, and Mr. Amir Shoolestani (KYC VERIFIED), who has a Masters’s in Engineering and has founded a successful social media influencer marketing company.
For more information: please visit the official website.
Disclaimer: This is a sponsored post.