Kaiken Shiba (KSHIB) is one of the quickly growing cryptocurrencies in the coding field. According to its whitepaper, the protocol is a decentralized and community-driven project with no shareholders, owners, promoters, marketers, or other entities. Kaiken Shiba is a meme token that aims to rescue dogs in need, fetching cryptocurrency adoption into the mainstream via new ideas such as non-fungible tokens (NFT), decentralized exchange (DEX), and credit cards.

As Kaiken Shiba network focuses on:

Further, the KSHIB is a utility token of the Kaiken Shiba platform. The KSHIB token is based on Binance Smart Chain (BSC). Existing SHIBA token holders are rewarded on every transaction on the Kaiken Shiba network. Accordingly, placing SHIB tokens in the wallet can earn rewards and watch the wallet grow with every transaction. In addition, Liquidity tokens are burned and locked, with a certain percentage of all transaction fees added to the liquidity. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value.

The Kaiken Shiba platform was launched in July 2021. The total supply of the token is 999,000,000,000,000,000 KSHIB tokens.