Details about Shanghai Inu cryptocurrency
€8,374
1,000,000,000,000,000
0
Unknown
https://shanghaiinu.io/
@ShanghaiInu
5036840x
€0.00122956
Shanghai Inu price charts
SHANG exchanges
Shanghai Inu, the crypto
Shanghai Inu (SHANG) is a cryptocurrency project that describes itself as a "community-driven deflationary token." Its goal is to become a decentralized and sustainable payment method with lower transaction fees than traditional payment methods.
The point
The main point of Shanghai Inu (SHANG) is to provide a decentralized and sustainable payment method that benefits its community. It aims to achieve this through its deflationary mechanism, which involves burning a percentage of tokens with every transaction, thus reducing the supply over time and theoretically increasing the value of each remaining token.
The problem
Shanghai Inu (SHANG) is attempting to solve the problems associated with traditional payment methods, such as high transaction fees, slow transaction times, and lack of transparency. It also aims to provide an alternative to fiat currency, which can be subject to inflation and government control.
Compare SHANG and BTC performance
| Timeframe | SHANG | BTC |
|---|---|---|
| 1h change | -0.558236 % | -0.0570393 % |
| 24h change | 0.53 % | 1.09266 % |
| 7 day change | 0.45 % | 4.45509 % |
| 14 day change | 56.36 % | -5.14018 % |
| 30 day change | 73.59 % | 5.55638 % |
| 200 day change | 23.5 % | 138.981 % |
| Year change | -72.1 % | 150.88 % |