I've been asked before why I spend so much time working on this newsletter and on my long-form posts on Reddit. I'm not getting paid for this, and I'm even paying out of pocket to keep the Notion webpage I've created up and running. The answer is simple. From before ShibaSwap was launched, I've believed in this project. I believed in it enough that I decided to start making posts that explain specific aspects of the project, which led to being invited to moderate the r/SHIBADULTS Reddit page, which led to helping write the official ShibaSwap Guidebook (link below), which has now led me to writing this newsletter.
The thing that makes the SHIB Ecosystem so special is that it's so accessible. It has enough of a grassroots following behind it that new investors see that the community is made up of people just like them, and makes them want to join. That community grows every day. Five months ago we had a few subreddits dedicated to SHIB. Now we have a subreddit for every part of the ecosystem and hundred of people searching each day for a way they can do their part to help the community. Whether it's burns, outreach, or teaching other new investors, there's always some way Shibians are figuring out new ways to bring the community closer together. That being said, there's also new members to the community that ask the same question's we had, when we first joined the community. There has been a recycling of questions regarding all aspects of the SHIB Ecosystem because, as I said, SHIB attracts new investors every day.
So, that's partly why I spend so much time working on this newsletter. It's sole purpose is to provide a database of relevant info regarding the entire SHIB Ecosystem. That way, when the questions being asked now are invariably recycled again, there is a source for people to access and share to answer those questions.
The other part of why I create this newsletter is so we can all educate ourselves more about the SHIB Ecosystem, and in turn, create a community of people who understand more than just "SHIB will never hit $0.01" and "you can't lose what you don't sell". In order for SHIB to remove itself further from the "altcoin" genre of crypto, we must have a community of strong-minded people who understand SHIB's role in the crypto space and why it's entire Ecosystem is looking to disrupt how we view crypto today. The goal is decentralized global currency, not a few short-term millionaires. Keep the faith, hold what you have, and it will all eventually pay off.
So, with that in mind, this week we start Part 1 of a deep dive into ShibaSwap. Namely, Bury. We'll also shine a spotlight on blockchain technology (basic blockchain AND Ethereum). News of the week includes a look at Playside Studios, the AAA team SHIB has joined with to create it's Shiboshis card game. Finally, we'll take a look at a token (and project) that is an automated trading platform to help Shibians diversify their portfolio, as well as stake their native token to earn SHIB rewards.
-u/siflbabyshifero
Newsletter Shiba In-dex:
SHIB Ecosystem Weekly Update: Shiba In-dex
| SHIB | BONE | LEASH | Ryoshi's Vision | |
|---|---|---|---|---|
| Price | $0.00003535 | $1.50 | $1,214.23 | $0.0000003667 |
| Market Cap | $19,333,155,889 | $10,449,516 | $131,530,419 | $360,128,040 (FD) |
| 7 Day Movement | -2.5% | -14.3% | -22.8% | -28.1% |
| Holders | 1,052,114 | 34,805 | 25,430 | 20,960 |
| Circulating Supply | 549,151,289,389,464 | 190,974,067 | 107,647 | 969,064,234,531,434 |
| 7 Day Open | $34.773 M |
|---|---|
| 7 Day Close | $14.813 M |
| +/- change | -$19,959416 |
| xSHIB Pool | 43,258,651,687,992 |
| tBONE Pool | 18,463,984 |
| xLEASH Pool | 45,145 |