Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Shibana price

Shibana Price (BANA)

$0.00000011

0.50%
Rank #11139

Shibana Price Chart (BANA/USD)

Last updated 22 Jun 2022, 09:11AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust

BANA Price Statistics

$0
24H Range
$0
  • Shibana Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $12
  • Market Cap Rank #0
  • Market Cap $0
  • Volume / Market Cap 0.0000
  • All-Time High $0 -90.63%
    Dec 07, 2021
  • All-Time Low $0 3.24%
    Jun 22, 2022
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Shibana Cryptocurrency: A Revolutionary Digital Asset

Introduction

Shibana cryptocurrency is making waves in the digital asset world with its innovative and unique features. This decentralized digital currency has gained significant popularity among investors and traders due to its potential for high returns and exceptional security measures.

Shibana: An Overview

Shibana, often referred to as "Shiba," is a blockchain-based cryptocurrency project launched in 2021. It operates on the Ethereum network and utilizes smart contracts to facilitate secure transactions. Shibana is fully decentralized, meaning it is not controlled by any central authority or government body.

The Mechanics of Shibana

Shibana's underlying technology ensures fast and secure transactions. Through the Ethereum blockchain, users can send and receive Shibana tokens efficiently. The currency features a relatively low transaction fee, making it an attractive option for daily transactions and cross-border transfers.

Unique Features and Benefits

Shibana introduces various unique features that set it apart from other cryptocurrencies:

1) Community-Driven: Shibana prides itself on being a community-driven cryptocurrency. This means that its development and updates are influenced by its users. Community members can contribute to the project's growth and decision-making through voting mechanisms.

2) Automatic Liquidity Pool: Shibana incorporates an automatic liquidity pool mechanism. A percentage of each transaction is automatically locked into a liquidity pool, which stabilizes the currency's price and ensures adequate liquidity for trading.

3) Token Redistribution: Shibana implements a token redistribution system. Holders of Shibana tokens are rewarded with additional tokens based on the number of tokens they hold. This incentivizes investors to retain Shibana, thereby promoting long-term stability and growth.

4) Deflationary Mechanism: Shibana incorporates a deflationary mechanism by burning a certain number of tokens during each transaction. This process reduces the circulating supply, thereby increasing the value of the remaining tokens over time.

Risks and Considerations

As with any investment, it is crucial to understand the potential risks associated with Shibana cryptocurrency. The cryptocurrency market is highly volatile, and its value can fluctuate dramatically in a short period. Investors should carefully evaluate their risk tolerance and consider diversifying their portfolio.

Conclusion

Shibana cryptocurrency presents an exciting opportunity for investors seeking a decentralized digital asset with innovative features. With its fast and secure transactions, community-driven approach, and unique tokenomics, Shibana has garnered significant attention in the crypto space. However, investors should conduct thorough research and exercise caution before investing in any cryptocurrency to make informed decisions.