Ethereum (ETH)

Description

Ethereum is a global, open-source platform for decentralized applications (dapps). It aims to create a world computer where anyone can build applications in a decentralized manner, with distributed and publicly accessible data. Ethereum supports smart contracts, allowing developers to program digital value. It is widely used for various dapps including tokens, non-fungible tokens (NFTs), decentralized finance (DeFi) apps, lending protocols, decentralized exchanges, and more.

Key Features

• Smart contract platform
• Layer 1 (L1) solution
• Ethereum ecosystem

Market Information

• Market Cap Rank: 2
• Price Change Percentage in the last 30 days: 2%

Shiba Inu (SHIB)

Description

Shiba Inu (SHIB) is a meme token that started as a fun currency but has evolved into a decentralized ecosystem. During its launch, 50% of the supply was allocated to Vitalik Buterin's Ethereum wallet. Vitalik donated 10% of his SHIB holdings to a COVID-19 relief effort in India, and the remaining 40% was burned permanently, making it one of the largest donations ever.

Key Features

• Meme token
• Part of the BNB Chain and Ethereum ecosystems

Market Information

• Market Cap Rank: 14
• Price Change Percentage in the last 30 days: 8.87685%

Shiba Inu Community Initiatives

The Shiba Inu community has launched a decentralized exchange called Shibaswap, which introduces two new tokens - LEASH and BONE. LEASH is a scarce supply token used for incentives on Shibaswap, while BONE is the governance token for holders to vote on proposals in the Doggy DAO.