ASHIB- Cardano Network’s Flagship Meme Token

Introduction

Meme coins have recently surpassed conventional cryptocurrencies such as Bitcoin and Ethereum in popularity. Shiba Inu and Dogecoin, the top two meme cryptocurrencies, are now in the top ten by market value, according to Coinmarketcap.com.

Meme coins are cryptocurrency based on popular social media jokes, sarcasm, or puns. According to Coinmarketcap, there are now roughly 124 meme currencies. Shiba Inu and Dogecoin are two of the most popular meme currencies on the market. Mainstream cryptocurrencies, such as Bitcoin, were designed with particular technologies to facilitate trading and transactions in the cryptocurrency market, whereas meme coins were not designed with a specific application or intrinsic value in mind.

Is it safe to say that meme currencies are here to stay? No one knows since they might become mainstream or perish suddenly if another spectacle takes everyone’s attention. One new token has been gaining traction in order to obtain this answer and boost the utility of MEME currencies. It’s known as A SHIB, and it’s been dubbed Shiba Inu’s sibling.

What exactly is ASHIB?

ADA Shiba Inu 2.0, or ASHIB for short, is a Cardano-based version of Shiba Inu that uses minimal gas prices and Cardano’s Extended UTXO mechanism. With ASHIB, the goal is to create something that will be useful in all parts of the Cardano networks today and in the future. The objective is to make it simple for anyone who are unfamiliar with Cardano to get engaged with Cardano defi.

ASHIB’s mission is to introduce new individuals into Cardano. Shiba Inu is a well-known breed. In recent months, it has become one of the most sought cryptocurrencies on the internet. ASHIB aspires to bring the same vitality and excitement to Cardano that Shiba Inu has to Ethereum. However, ASHIB is unique in that they are providing genuine use to the ASHIB token with a long-term roadmap and goal.

ASHIB’s Distinctiveness

ASHIB is special because of the community that supports it. Anyone can establish a token and a plan, but having a community that is attempting to develop something that is both enjoyable and valuable is what distinguishes ASHIB. ASHIB will soon be utilized to acquire several CNFT lines, which is one of its primary distinguishing qualities. If the customer utilizes ASHIB tokens, CNFTs will be available at a reduced price.

ASHIB is unique in that it has set aside 25% of its tokens for community suggestions. Essentially, they want to support the community’s initiatives, whether it’s new utilities or marketing campaigns. Whatever the community decides to do, ASHIB wants to be able to fund it.

Features

Limited Token Supply: ASHIB will have a total quantity of 1 trillion tokens, which is much smaller than Ethereum’s Shiba Inu, which presently has a total supply of 589 trillion tokens. However, the creators believe that the first supply will be sufficient to dominate the Cardano landscape.

Closing Burn: Then, based on the overall quantity sold during our public sale, they will burn a substantial number of our tokens. For example, if just 20% of the tokens earmarked for the public sale are sold, the remaining 80% of the public sale tokens, as well as 80% of the 800 billion tokens not assigned for the public sale, would be burnt. This is done in order to increase the value of tokens acquired during our public sale.

DAO Formation: They want to create a Decentralized Autonomous Organization (DAO) via which community members may propose platform upgrades that will be paid by the DAO Treasury or Community Ideas token reserves.

CNFT Marketplace: The goal of ASHIB is to build a CNFT marketplace that accepts the token as payment, as well as to integrate ASHIB as a payment option for other CNFT markets and launches.

How is ASHIB superior to SHIBA INU?

However, ASHIB will not be joining the Ethereum network. Instead, it will be sent to the Cardano network, a smaller but rapidly growing blockchain platform that promises significant growth with cheaper gas fees — a payment that has harmed many investors and holders. Because of decreasing gas prices, ASHIB investors and collectors may reinvest more of their money into the coin’s worth and earn more if and when the coin’s value rises.

Another distinction between the ASHIB and Shiba Inu coins is the quantity of tokens on the market. Shiba Inu possesses more than 589 trillion tokens, whilst ASHIB has just one trillion. With a lower transaction volume, the value of each coin climbs quicker with each transaction.

ASHIB will also have a bevy of special non-fungible tokens available in the coming weeks. As the only means of payment, they will only be available to ASHIB owners. By placing this limited access to a group of high-potential currencies on the fast-growing Cardano chain, the crypto world is likely to see a currency with a rapid growth in worth.

By joining the Cardano network, the ASHIB team hopes to significantly expand their community and create an entirely new environment for exchange and content production. The idea is to launch a complete series of Cardano NFTs, allowing more artists to gain significant cash using the blockchain advancements associated with the non-fungible token movement.

Tokonomics

  • Token Name: A SHIB
  • Ticker: ASHIB
  • Network: Cardano
  • Total Supply: 1,000,000,000,000 (1 Trillion)

How to Buy ASHIB?

ASHIB can be obtained on the website or at https://p2pb2b.io/token-sale/367/. You can obtain ASHIB by transferring ADA to the address indicated on the https://ashib.io/exchange page.

Conclusion

ASHIB enters the scene as one of the first three tokens on the Cardano network, on a goal to create another cryptocurrency symbol to stand alongside Ethereum’s Shiba Inu. Furthermore, ASHIB will be the first shib token to be formally launched on the ADA network, and it is expected to enter the market in the coming months. ASHIB aspires to be as successful, if not more so, as the Ethereum network’s main meme coin.

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More Info:

Website: https://ashib.io/

Telegram: https://t.me/theashibtoken

Twitter: https://twitter.com/ashibtoken

Discord: https://discord.com/invite/DKAWjq7qAY

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Author

Bitcointalk Username: Dan Crypto
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=3419844
Wallet address (from Yoroi wallet): addr1qxyujctqwee5g7zrr3k8d9ffzt5qq7ljnsvxdgjqn8ha9jnn8uts5n89fwpyj6w89l8elld8tjpxs7az42rrl3c7tylq3d77nr

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