$DOGE family is growing bigger day by day, and the cryptoverse is thrilled about it. Meme coins such as Dogecoin, Shiba Inu, and now Sanshu Inu have attracted several crypto enthusiasts. Meme coins such as Sanshu Inu not only promote crypto adoption but also help to tackle the biggest pain point of the crypto industry – volatility. Sanshu Inu has even burned 58% of its total token supply to manage the volatility.
How Does $SANSHU Add Value to the Crypto Ecosystem?
Sanshu Inu Finance is a decentralized community-focused transaction network. The platform is developed by two web developers and two solution developers who overlook every aspect of the project from development, initial liquidity, website, marketing, etc.
Sanshu Inu Finance operates with a single goal in mind of reducing volatility and creating a fair environment. Crypto volatility is majorly caused due to action by whales of the industry. Crypto whale is a term commonly used for investors that hold a large supply of tokens to sell later to turn the market to their advantage.
$SANSHU tackles this issue by reducing token holding in large value. Currently, the largest percentage of $SANSHU tokens that any wallet has is merely 1.3%. It is important to note that there is no token allocation for team members of Sanshu Inu.
A redistribution mechanism is also in place for every transaction, wherein 1% of the transaction value is burned, and 1% is distributed to the token holders, incentivizing token holding. Also, to create a fair and decentralized ecosystem, the community members and the token holders will vote on the prospects of Sanshu Inu Finance, such as partnerships, token burning, tokenomics, etc.
One of the most exclusive products Sanshu Inu offers is the Dogpark powered by the MFUND. MFUND is a meme fund where $SANSHU and other meme tokens can be utilized and staked to earn better yields.
The Dogpark is a complete meme coin staking platform where users can use their meme tokens to earn more meme tokens. Dogpark offers support for popular meme coins such as SANSHU, DOGE, SHIBA, etc.
The platform is live, working at full capacity, and will execute the first cycle for the next two months. The company will soon partner with other tokens outside the DOGE family and create a mutually beneficial platform for all meme coins.
Meme tokens have risen quickly, and there is the emergence of several new meme tokens in the crypto space. The addition of such transparent projects and support from entrepreneurs like Elon Musk has ensured good progress for meme tokens. For now, it is safe to believe that meme coins are the hottest trend in the crypto space, and Shanshu Inu might be consolidating the growth with innovative concepts such as Dogpark and MFUND.