ShibaCorgiPrice

(SHICO)

ShibaCorgi, commonly referred to by its ticker symbol SHICO, is a community-oriented cryptocurrency project inspired by the popularity of the Shiba Inu and Dogecoin meme cultures. It was launched in early 2021 by an anonymous group of developers. The project is primarily hosted on the Binance Smart Chain, utilizing that network to facilitate its ecosystem. The project is designed with a deflationary mechanism that aims to reward those who hold the token. This is achieved through a built-in transaction tax applied to trades. A portion of this tax is automatically redistributed to all existing token holders, while another portion is permanently removed from the circulating supply through a burning process. These features are intended to encourage long-term participation and reduce the overall number of tokens available over time. In addition to its meme-based roots, the project seeks to build a functional ecosystem. This includes support for decentralized finance activities such as staking and yield farming, where users can earn rewards for providing liquidity or locking their assets. The project also explores the non-fungible token space and various community-driven events. A notable aspect of ShibaCorgi is its emphasis on social impact. The project aims to combine entertainment with charity, specifically focusing on initiatives related to animal welfare and pet-themed causes. By positioning itself as a project for pet lovers, it seeks to build a dedicated community that goes beyond traditional digital asset utility. The project is governed by its community and remains accessible through decentralized exchanges. Its mission focuses on creating a fun and engaging environment for its users while exploring new use cases in the Web3 space. Learn more

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