SHIBA INU X

SHIBA INU X is a new token launched in the wake of the original SHIBA INU token's success. Based on available information, SHIBA INU X appears to be a cryptocurrency that aims to capitalize on the popularity of meme coins while claiming to offer additional utility through NFTs and gaming features.

Purpose and Utility

The stated purpose of SHIBA INU X involves creating a community-driven ecosystem with NFT integration and gaming elements. However, current usage primarily appears focused on trading activity.

Business Model Analysis

The project's business model centers around community engagement and speculative trading. While speculation itself is not haram, it's important to note that the actual utility features are still in early development stages.

Real-World Adoption

Current adoption is primarily centered around trading on various exchanges. While the project announces plans for future utility development, the present usage is mainly focused on trading activity.

Platform Development

Development activity appears to be ongoing, though specific details about the development team and roadmap implementation are limited. The project maintains active social media presence and community engagement.

Token Distribution

The token distribution model includes allocations for trading, liquidity pools, and future development. The project has implemented basic tokenomics typical of many new cryptocurrency projects.