Meme Token Saudi Shiba Inu Expands BSC Trade to Ethereum Network

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New York, New York– (Newsfile Corp. – August 6, 2022) – A decentralized finance (DeFi) token on the Binance (BSC) smart chain, Saudi Shiba Inu, has launched its token on the Ethereum network to attract investors on the Ethereum Channel. This development comes two weeks after the launch of the project on the BSC network.

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Saudi Arabian Shiba Inu

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Saudi Shiba Inu, simply known as SAUDISHIB, was created on July 21, 2022 on the BSC network and already has a good number of holders with a previous market cap of $300,000 on the BSC network.

However, the Saudishib Ethereum was launched on July 29, 2022 to create an opportunity for crypto investors on the Ethereum chain to trade Saudi Shiba Inu, just like investors on the BSC network. The Saudi Shiba Inu developer simply identified himself as Sir Doggidoge alongside other members of his team from Europe and America said they aim to bridge the gap between token and coin by introducing some utilities.

Sir Doggidoge, in a press release, said that the launch of the Ethereum chain would be beneficial for all Saudi Shiba Inu holders, as the team will link the two networks, thus strengthening the foundation of the project as a whole. Sir Doggidoge said that the Saudi Arabian Shiba Inu went through an audit and KYC (Know Your Customer) in an effort to show some level of transparency and avoid possible panic from crypto traders.

The developer noted that Saudi Shiba Inu is listed on CMC and CG which makes it easier to keep track of the project.

According to him, Saudi Shiba Inu aims to have several utilities ranging from Staking Pools, Saudi Shiba Inu Wallet, a DEX Swap, developing a meme coin exchange and a special NFT platform and matervese integration.

The statement that highlighted tokenomics said that 2% of each transaction is distributed to holders via automatic reflections, while 6% buy and 8% sell are automatically sent to the token’s liquidity pool. The token has a total supply of one quadrillion (1,000,000,000,000,000).

The Saudi Shiba Inu team added a PASSIVE BURN feature to Tokenomic on July 31, 2022, a few days after the launch of Ethereum. With the recently added feature, a certain percentage of reflection in each transaction will automatically be sent to the Saudi Shiba Inu dead wallet and this was intended to reduce the supply.

Telegram: https://t.me/SAUDISHIBAINU
Website: https://saudishibatoken.com/

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Media Contact –
Business Name: Saudi Arabian Shiba Inu
E-mail: [email protected]
Website: https://saudishibatoken.com/
Name: Stephen Bronk
Country: Germany

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132990

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