Coin Launch Space is here to give you clear, accurate, and trustworthy information about crypto. Our team is made up of experts with real experience in crypto, finance, and new tech. Every article and page we publish is carefully reviewed by skilled editors to make sure it’s up to our high standards. We take pride in offering honest, easy-to-understand reviews based on real knowledge. Check out our editorial policy and see how we test and review crypto assets.
Shiba Budz (BUDZ)
Shiba Budz (BUDZ) is a newly launched cryptocurrency that aims to carve out a niche in the meme coin market, particularly focusing on the gaming industry and decentralized finance (DeFi).
Overview Launch and Trading
Shiba Budz was launched on Uniswap, a decentralized exchange, which is strategic for gaining visibility and liquidity similar to its predecessor, Shiba Inu (SHIB).
Current Price
As of now, BUDZ is priced at approximately $0.000043, experiencing an 8.77% decline in the past 24 hours due to the volatility typical in cryptocurrency markets.
Concept and Features
Gaming Integration
Shiba Budz aims to revolutionize the gaming experience by integrating blockchain technology with online gaming. This includes creating a play-to-earn ecosystem where players can earn rewards through gameplay and transactions.
Community Focus
The project emphasizes community engagement, allowing token holders to participate in governance decisions regarding the future of the project. This approach is designed to foster a loyal user base and enhance trust.
Tokenomics
Deflationary Mechanisms
BUDZ incorporates features intended to increase its intrinsic value over time, including deflationary mechanisms.
Smart Contract
The official smart contract for BUDZ is 0xC955faa911D7507aEE0c0d7a2d5a79c79a041AB8
, ensuring transparency and security for investors.
Market Position
Competitiveness
Shiba Budz is positioned as a competitor to established tokens like SHIB and Dogecoin (DOGE), with a focus on utility rather than just hype. Its unique approach may attract investors looking for more sustainable projects in the meme coin space.
Future Developments
Plans include expanding its ecosystem with more DeFi functionalities, launching on additional centralized exchanges, and developing e-commerce solutions that utilize BUDZ as the primary currency.
Community and Reception
Growing Interest
The initial reception has been positive, with many crypto enthusiasts discussing its potential on platforms like Twitter. Investors are particularly interested in its innovative use of blockchain technology within gaming.
Market Trends
Analysts are optimistic about BUDZ’s potential for growth due to its unique offerings and community-driven initiatives, suggesting it could become a significant player in the cryptocurrency landscape.
Conclusion
In summary, Shiba Budz (BUDZ) represents an exciting new venture within the cryptocurrency space, aiming to blend gaming with blockchain technology while fostering a strong community ethos. Its success will depend on its ability to deliver on its promises and maintain investor interest amid the volatile nature of crypto markets.
Shiba Budz Token Economy
Metric | Details |
---|---|
Total Raise | $3,643,427 |
Total Supply | 4,200,000,000 |
Private/Pre-sale | 0% |
Public Sale | 2,400,000,000 (57.14%) |
Fully Diluted Valuation (FDV) | $199,312,512 |
Initial Circulation Supply | 0% of FDV |