(MENAFN- Zex PR Wire)
INTERNET CITY, DUBAI, Mar. 25, 2022, ZEXPRWIRE , LBank Exchange, a global digital asset trading platform, will list ShibaDoge (SHIBDOGE) on March 28, 2022. For all users of LBank Exchange, the SHIBDOGE/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on March 28, 2022.
Shiba Inu and Dogecoin have built strong communities with more than 5 million token holders and $40 billion worth of combined market cap. To bring these two kingdoms together, ShibaDoge was launched on December 24th, 2021 with its anti-whale, auto-deflationary and anti-botting cryptocurrency SHIBDOGE. The SHIBDOGE token will be listed on LBank Exchange at 21:00 (UTC+8) on March 28, 2022, to further expand its global reach and help it achieve its vision.
Introducing ShibaDoge
ShibaDoge is the first community-driven utility token created by Shiba & Dogecoin whales coming together for the greater good of both communities. The combined market cap of both Shiba Inu and Dogecoin currently stands above $40 billion USD and represents more than 5 million token holders. The mission of ShibaDoge is to ultimately merge the communities behind these two cryptocurrencies.
ShibaDoge believes the single most important thing it can deliver for its community is a decentralized ecosystem built to unite the often tribal communities within crypto, Decentralized Finance (DeFi), and web3, which is brought on entirely by a community-first approach, where the community has the power to achieve anything they set their collective effort on. The founding volunteers have all been fortunate to experience the life-changing effects of decentralization and ShibaDoge's unified purpose has become to give that experience to as many people as possible.
Additionally, ShibaDoge is also offering unique NFT collections including Doge Army NFTs, Shiba Army NFTs, and ShibaDoge Army NFTs. And one of the many utilities offered by the NFTs includes the ability to stake NFTs to earn additional SHIBDOGE tokens everyday. The amount of rewards will be directly correlated to the amount of NFTs staked as well as the rarity factors of staked NFT.
With an intention of leveraging the power of Web3 and DeFi, ShibaDoge will deliver as much value to the ecosystem as possible, participating in an emerging and burgeoning market with unique products and projects built on top of the ShibaDoge ecosystem.
About SHIBDOGE Token
SHIBDOGE is an auto-deflationary token that reduces the supply with every buy and sell transaction, which increases value by decreasing supply over time. It is anti-botting and also has anti-whale protection limiting the max wallet with up to 1% of the total available supply.
Based on Ethereum network, SHIBDOGE has a total supply of 420 sextillion (i.e. 420,000,000,000,000,000,000,000) tokens, and 50% of it has already been burnt on launch. It taxes a total of 15% on each transaction, of which 5% is provided for redistribution, another 5% is provided for locked liquidity, and the rest 5% will be used for marketing to achieve further growth.
SHIBDOGE will be listed on LBank Exchange at 21:00 (UTC+8) on March 28, 2022. Due to setting issues, the amount of SHIBDOGE assets shown in the LBank Exchange user's wallet is 1/1,000,000 of the actual amount. And the value of user's assets remains unchanged. So, for example, if a user deposits 1,000,000 SHIBDOGE tokens, the number shown in the wallet will be 1 SHIBDOGE (1M).
When a user applies a withdrawal, the actual amount the user withdraws to the account is 1,000,000 times the withdrawal amount. For example, if a user applies a withdrawal of 1 SHIBDOGE (1M) token at LBank Exchange, the user will receive 1,000,000 SHIBDOGE tokens.
Investors who are interested in ShibaDoge investment can easily buy and sell SHIBDOGE token on LBank Exchange once it's listed. The listing of SHIBDOGE on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
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