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SHIB and Barbie-inspired Shibie Coin holds its initial DEX offering today on Uniswap at 7pm CET (2pm EST). Due to the interest it has generated during the presale, there is a high chance that this memecoin will take off once it lands on the DEX.
Update – Shibie Coin is now live.
🚀 Blast off! We're officially live. Grab your $shibie now and be part of the journey! 🐕💋🦴🐾 #ShibieLaunch
Almost 50% Burnt 🔥https://t.co/LLU7KDd2lw
LP Locked: 🔒https://t.co/tCjbJ6tXlN
Dextools Buy Now: 💰https://t.co/fpA2u45re4
Contract Renouncement: Coming ASAP
— Shibie Coin | Live (@ShibieCoin) August 16, 2023
This launch is happening at a time when much of the crypto community is anticipating the release of Shibarium, which is also launching today – August 16th.
The Shiba Inu-themed launchpad is a layer-2 blockchain that aims to deal with the key issues that have marred the Ethereum blockchain, such as high gas fees and low transaction speeds. The community believes that the release of Shibarium will change the way the Shiba Inu ecosystem works.
However, despite these positive notes, Shiba Inu has still witnessed a decline of 7% in the last 24 hours, indicating that not many are hyped for this project as expected, which gives Shibie Coin the perfect point to drive community interest towards itself.
Shibie Coin Entered the Memecoin Space as a 500k Presale
Shibie Coin, a memecoin whose name plays on two words – Shiba Inu and Barbie, was launched as a presale last month, with the aim of raising $500k.
This target was met ahead of time as the token’s cute appeal, which has an e-girl undertone, quickly grabbed the attention of the crypto community.
Shibie Coin focuses on combining the virality of Shiba Inu with the aesthetics of Barbie as a way to create a community that embraces the chaotic nature of the crypto space while still remaining elegant.
The token’s main aim, however, is to replicate the success of Shiba Inu that it achieved in its bull run back when it embraced its meme nature.
Now that Shiba Inu is trying to shed its meme-atic skin with the launch of Shibarium, people have a reason to direct their attention towards the Shibie coin.
Shibie Coin Burns 4.93 Billion Tokens
Shibie Coin has already initiated a token burn before its arrival on Uniswap. So far, over 4.93 billion tokens have been burned.
This action will increase the scarcity of Shibie Coin, which, when combined with the arrival of the token on Uniswap, will likely pump its price.
Once it goes live, investors can buy SHIBIE on the DEX. For now, however, those who participated in the presale must claim their tokens to get a first-hand advantage of the listing pump.
Furthermore, this token has a full score on dextools, and the community trust has started to increase ahead of its IDO on Uniswap.
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