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Shiba Inu has released information about their upcoming DAO project as the canine meme token expands its identity into the crypto world. While HUH Token is already exceeding expectations and has over 15,000 wallet holders, its popularity is starting to increase.
Additionally, Shiba Inu and HUH Token continue to show that despite the downtrend in the cryptocurrency market after Bitcoin’s decline, there are no signs of projects slowing their development plans.
Shiba Inu took the cryptocurrency market by storm in 2021, demonstrating some of the returns crypto can bring to the everyday investor without much capital. This event turned many people into millionaires by purchasing around $ 1000 from SHIB.
Since its all-time high, Shiba Inu has lost much of its higher market price. Nonetheless, the influx of money inflamed their community and they have since announced various updates.
The latest of these updates for Shiba Inu is their plan to release a DAO to cede more control to the Shiba Inu community. A DAO is a decentralized autonomous organization, which will allow community members to make decisions regarding Shiba Inu’s SHIB token.
The beta version will be available soon, allowing users to pool resources and vote on actions to be taken regarding SHIB. This is the first step in the Shiba Inu DAO project as they then want to publish a new DAO, allowing members to make proposals for the community to respond. They also noted that the whales will not control their system as there will be “keepers” for these wallets.
HUH Token is a relatively new cryptocurrency that hopes to replicate the performance of Shiba Inu from last year. HUH Token got off to a good start on its cryptocurrency journey and saw its value increase by 4,500% shortly after becoming publicly available on PancakeSwap.
HUH Token recently passed 15,000 wallet holders and shows no signs of slowing down. The wallet holders continue to increase due to the functionality of HUH Token.
The token is designed to build wealth over time using a combination of its unique referral system which also produces BNB and static reflection.
After reaching a Shiba Inu transaction volume level, many wallet holders who continued to hold their HUH token will receive more tokens as transactions continue.
It does not require any effort on the part of the user. The only requirement is to have purchased HUH Token and have it in a wallet.
In addition to static reflection, HUH Token provides Binance Coin to its wallet holders if they refer others. A wallet holder will receive 10% of that person’s first purchase in the form of Binance Coin. Producing two different types of crypto assets for free is a great way to increase the overall value and reduce the risk of a portfolio.
- Shiba Inu announced its CAD system
- Shiba Inu will release its DAO in stages
- HUH Token has reached over 15,000 wallet holders
- HUH Token uses a unique referral system and static thinking to benefit long term holders.
Learn more about the HUH token here:
HUH Official Exchange: https://swap.huh.social/