My Shiba Inu Preliminary Thoughts

A member on noise introduced me to an interesting site that offers free shiba tokens through various tasks such as paid to click, an auto faucet, manual faucet, and other ways.

I started exploring the site a couple of days ago and so far I can only make one assessment, and it could simply be my newness to crytocurrency in general.

I am a bit confused to say the least.

At first I was under the impression that what the site offered was free SHIBs, which is of course the popular Shiba Inu token. But when I look at the minimum withdrawal amount which is set at 15 million tokens, this does not seem to make sense when I compare it to the payment proofs on the home page before you login.

None of the payments are over $5, and based on the price of 1 SHIB at the time of this writing, 15 million SHIBs would be valued at approximately $350.

The site uses the SHIB logo, but never really calls out what it is actually giving out, although the currency listed calls it My Shiba Inu, which seems to suggest that is not a SHIB, but a SHIBA.

I have spent quite a bit of time trying to get more information on My Shiba Inu, but unfortunately all of my searches land me right back to regular SHIBs information.

It does call it out as a Shiba Binance Token, which sort of suggests it is perhaps something unique to the Binance platform—which may be problematic for me since I live in the United States and cannot use the regular Binance platform. Only the U.S. version which trades apparently 50 currencies, and I am not sure if the SHIBA coin would be one of them.

I may open an account on Binance.us just to explore a bit and see if I will be able to withdraw my SHIBAs to an account there.

The one thing I can say is that earning there is pretty simple and easy. The auto faucet allows you to earn 50 tokens each minute, and the manual faucet allows you to earn 3,000 tokens every five minutes.

The paid to click area can earn anywhere from 1,250 tokens to 5,000 tokens, and is basically just links to YouTube videos talking about Shiba—unfortunately almost all of the videos are in another language, so they are not very helpful in understanding more about what it is exactly that the site is offering.

I tried to get a bit more information on noise as well by asking other members if they had more experience with the site and its offerings. But that seemed a bit of a fruitless effort as well, just adding to my confusion.

Part of what confuses me is the convoluted manner in which everything is presented there. Even on the home page where it shows what currency is supported, it shows the Shiba Inu symbol.

Okay. So, what is it? My Shiba Inu or Shiba Inu? Because one would assume based on the word My being added to it, it makes it a different token altogether. And why can't I find any price information on a SHIBA as opposed to a SHIB?

This is not to suggest that the token does not have at least some perceived value. If it is a token, which it is, then of course it is worth something. The question becomes, once I reach the minimum withdrawal of 15 million tokens, where do I withdraw them to? How do I make it so that I can either keep the tokens I have earned if I think they hold future value, or exchange them for something I believe has more value?

I will continue to work toward my 15 million token withdrawal limit, for whatever that is worth, and in the meantime I will also try to find out more about what it actually is, and perhaps also explore other "wallets" I can use where I can potentially withdraw the money to.

If anyone here has any experience with https://free.shiba.limited/?r=15877 I would like to know your thoughts. I am genuinely curious.

Lead image by Porwest.