Sanshu Inu
SANSHULet us introduce the next dog-themed meme cryptocurrency, Sanshu Inu. What makes Sanshu Inu unique from other meme coins is its tokenomics of burning 100% of the LP and 100% of the DEV wallet as it was launched.
The renounced ownership of the protocol contract also authenticates the project, making it 100% rug-proof and community-driven. The Sanshu protocol was launched with the project own liquidity, and there was also no presale. A transaction limit was also placed to prevent huge whales from dominating the market.
With this in mind, users can be assured that the Sanshu Inu team is rigorously working for the growth of the community to provide a creative and friendly environment in the Sanshu Inu ecosystem.
What is Sanshu Inu (SANSHU)?
Sanshu Inu made its first appearance in April 2021, steadily progressing into 44,000 different wallets. Sanshu is a deflationary ERC-20 token with tokenomics to burn/redistribute tokens on every transaction. This means that for every buy or sell transaction, 1% is distributed among Sanshu Inu holders.
Furthermore, another 1% is deducted from Sanshu Inu total supply. In the crypto space, deflationary tokens tend to grow exponentially in price compared to inflationary tokens. As of now, Sanshu has recorded a total of 62.8% supply burn.
With the hope of being a household figure, the project aims to visualize and bring the Sanshu Inu pup character into reality.
Key features
Here are some of the key features of the Sanshu Inu project.
Renounced Contract
Trust and transparency are key components reflected in the choice of the team behind Sanshu Inu to renounce the community contract. Hence, it is 100% community-driven, making it impossible to rug pull or alter the ecosystem.
Deflationary Tokenomics
Sanshu Inu deflationary tokenomics is one of the unique features of the project, which auto-compounds every day, all week long. Here, users get to enjoy the 1% burn and 1% reward, earning passively by simply holding your Sanshu token.
Gaming + Metaverse
The team aims to integrate the application of gaming, P2E, VR, and AR to further entertain the audience. According to the protocol’s roadmap, a layer 2 solution will be later incorporated to allow community token burns while realizing little to no-gas transactions. That is why this development is bound to open up a scope of new possibilities.
Why SANSHU stands out?
The term “Myth of Sanshu” was created to suit a Metaverse reference, allowing possible marketable opportunities in the future. There are also plans to culturally represent the Dog “Sanshu Inu” origin as well. Japanese studios willingly collaborate with the project.
Moreover, Sanshu has recently recruited their first celebrity ambassador “Karen Strassman” to the team. For those who don’t know, Karen is a popular voice actress featured in many notable anime and video games. With this current growth rate, Sanshu’s limits could prove boundless.
On Sanshu’s Website, you’ll find a dApp Yield Farming platform called the “Dog Park”. It allows users to stake & “Kibble ” in exchange for rewards. In line with the protocol’s roadmap, Sanshu is set to create new rewards for Sanshu holders anytime soon.
As we have also mentioned before, the DEV team will renounce the ownership of the token. This will leave the decision-making process to the community, finally making it a truly decentralized asset.
Inu Coins comparison: Sanshu, Shiba, Kishu, Floki
Sanshu Inu
Sanshu’s inherent uniqueness is within its tokenomics. There are many meme tokens with dog themes out there but Sanshu is one of the first few dog coins to apply deflationary mechanics and burn rewards.
The 1% reward and 1% burn mechanism on each transaction guarantee Sanshu Inu coin users’ interest in holding their tokens. Additional features like the “Dog Park” yield farming platform also allow users to farm and stake tokens for higher interests. With Sanshu Inu, Investors get to enjoy the fun part of crypto and earn passive incomes.
Shiba Inu
Shiba Inu is described as the “Dogecoin Killer” on the project’s website, with plans to also list their own Defi exchange platform “ShibaSwap”. The anonymous creation of this Inu took place August 2020 by a group/individual under the alias “Ryoshi”.
Thanks to the engaging tweets of renowned people like Elon Musk and Vitalik Buterin, it hurriedly started gaining ground as communities of investors swarmed over the token in the fear of missing out (FOMO).
Invitations were also sent from Shiba Inu to the dog-inspired artists all over the globe to integrate the Shiba Inu community into the NFT market space. Moreover, Shiba Inu launched a world rescue campaign of live Shiba Inu dogs using Amazon Smile for the collection of donations.
Kishu Inu
Kishu Inu was brought into existence in April 2021, envisioned to be a Defi meme project with real use cases. This doggo aims to bring the world’s attention to popular cryptocurrency concepts and protocols.
Compared to other crypto projects, Kishu will not only introduce holders to next-gen concepts like staking rewards, NFTs, and more but also immerse them in it.
After Kishu Inu’s launch, the project recorded a whopping $2 billion market cap and 100,000 holders within a month. To think that a meme project could achieve a record like this was unheard of, which further solidified investors’ beliefs in the Kishu Project.
Floki Inu
The recently introduced Floki Inu coin is also a meme token with a dog theme. Unlike other dog-based projects, Floki Inu describes itself as a “Movement” rather than a meme coin. Floki was created by fans/members of the Shiba Inu community, named after Elon’s musk’s Shiba Inu puppy.
Floki Inu sets itself aside with three Flagship Utility projects, namely:
- An NFT gaming Metaverse “Valhalla”
- An NFT and Merchandise Marketplace “FlokiPlaces”
- A content and education platform “Floki Inuversity”
Floki Inu’s community is popularly called the “Floki Vikings”, concluded in honour of Elon Musk’s dog “Floki”, which referred to a Viking Character.
How to exchange Sanshu Inu (SANSHU) at the best rates?
Sanshu Inu exchange should not be that hard, especially when you have an exchange aggregator like Swapzone that brings you the best Sanshu Inu/Ethereum exchange rates from various exchanges. The best thing is you can exchange your Ethereum directly for Sanshu Inu crypto right from the Swapzone website.
- Step 1. Go to the Swapzone website.
- Step 2. Select the ETH to SAHSHU pairing.
- Step 3. Input the amount of ETH you want to exchange for Sanshu Inu cryptocurrency. Swapzone will bring you the best rates from various exchanges offering ETH/SANSHU pairing and show the amount of SANSHU you are getting for your ETH. Swapzone makes Sanshu Inu exchange easy for you by allowing you to select the best offer that suits you from the list of Sanshu Inu exchanges.
- Step 4. Click on the exchange button, which will ask you to provide the address you want your newly purchased SANSHU tokens to be sent. There is also space for an ETH refund address.
- Step 5. Click on the “proceed the exchange” button. Swapzone will show you the review of the exchange site you choose to buy from.
- Step 6. Wait for the deposit to be processed by the exchange service and the exchange to be done.
- Step 7. Don’t forget to rate the exchange partner and leave a review, so we can gather more information on the exchanges for future users.
Frequently asked questions
What is the Sanshu Inu exchange rate?
An exchange rate is the rate at which one cryptocurrency can be exchanged for another through a certain crypto exchange provider. Cryptocurrency exchange rates on Swapzone reflect current prices of crypto assets and are updated every 30 seconds for you to keep track of any market changes and fluctuations to profit when buying the dip or going with the best exchange rate and the lowest exchange fees. All cryptocurrency exchange providers have their own rates, which depends on supply and demand, mining rewards, costs and so on. See what else might affect the rate in our article on prices.
There are two types of exchange rates aggregated by Swapzone – fixed rates and floating rates. To receive the exact amount of crypto that is displayed at the beginning of the exchange and shield yourself against the market's volatility, opt for fixed-rate offers. If you're ready to take a risk and receive less or more than the sum displayed, go with floating-rate offers but bear in mind that floating rates may drastically change any second. You can refresh your memory on how to get the best exchange rate here.
Where to find the lowest transaction fees?
Crypto transaction fees may vary depending on the network (Ethereum transaction fees tend to spike during the congestion on the network), your chosen cryptocurrency, an instant exchange provider as well as its transaction processing speed and internal policy. These fees may be relatively low but it’s crucial to know they may be imposed in the first place.
If you want to exchange cryptocurrency with the lowest fees, beware of the offers with a grey-colored “Transaction fees are not included” label displayed under the exchange rate. To avoid having to pay an unexpected amount of fees during the exchange, opt for those that do not have that label. Read our articles to learn more about how to exchange cryptocurrency with the lowest fees and find out which assets have the lowest transaction fees.
What is average transaction time?
Transactions usually take from 5 to 30 minutes to be processed, especially if you choose currencies with speedy networks. However, there are several factors that may affect and slow down the exchange process, i.e. transaction volume, blockchain capacity, network updates, cryptocurrency itself and the capacity or chosen exchange platforms.
The processing may take longer due to the large transaction volume, congestion of the network, blockchain overload and market overload, technical issues or system failures, lack of liquidity or network maintenance.
The transaction may be also stuck if you forget to add a required Extra ID, mistake networks or use the wrong wallet for a chosen crypto asset. If you worry that the exchange processing is taking too long, please, contact us at [email protected] or via our live chat on the landing page.
How to choose a cryptocurrency wallet to store Sanshu Inu?
To exchange, buy, sell or trade cryptocurrency and store your crypto keys safely and securely, you need a crypto wallet. Choosing the best cryptocurrency wallet is a question of preference and need. To learn more, read our guide on how to choose the best cryptocurrency wallet for your needs.
There are several types of wallets for different crypto assets and tasks. Software wallets, or hot storage wallets, are connected to the Internet and come in many forms: Web, Desktop, Mobile or Browser Extensions. If you want to build a large crypto portfolio, you might want to look at multi currency wallets like Exodus, MetaMask, TrustWallet, Atomic or Guarda. If a coin or a token of your choice isn’t available there, you can always opt for a single-currency wallet that is usually designed by the project that launched the asset.
If you take safety and security matters seriously, go for hardware wallets, or cold storage wallets, like Ledger or Trezor, or even paper wallets. We strongly recommend you to do your research before creating a wallet: read the reviews to see what the community thinks, learn about the fees a particular wallet imposes for performing transactions, check out supported currencies and networks and see its security policy.
What is the best cryptocurrency exchange for beginners?
There are loads of different crypto exchange services, with new platforms emerging every month. Exchange providers differ by supported currencies, liquidity providers, fees, customer support, user interface, level of privacy and anonymity and customer support, which makes it hard for beginners to understand which one to choose. To learn more about what these exchanges offer and how you can assess them, read our guide on how to choose the best exchange platform.
To navigate them through the field full of services, we conduct research and thorough analysis of the market & list both prominent and promising exchange providers, keeping in touch with their teams 24/7. We give you all the necessary data on the offers they provide as well as their brief history, KYC/AML policies, reliability and advantages, while also indicating their downsides so that you don’t have to do that yourself.
What is Swapzone?
Swapzone is an instant non-custodial cryptocurrency exchange aggregator that helps users make an informed choice when exchanging crypto assets. To make this possible, we gather the information on the exchange providers, select the parameters for comparison, aggregate and sort available deals & give an option to make a swap through providers' APIs in the same interface with a common user flow for every exchange. Still have doubts? Here's 9 reasons why you should use Swapzone to exchange crypto.
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