The popularity of meme coins like Dogecoin and Shiba Inu has triggered an influx of meme coins into the crypto space. For starters, there are hundreds, if not thousands, of small projects that have popped up to try to profit off the fame of these tokens. Some have succeeded, most have failed. However, one thing is certain, the Shiba Inu-themed coin market is oversaturated.
To this end, there has been the need for new themes to keep the meme coin space afloat. Cats have made their debut in the space as projects try to break away from dog themes. All this really means is that there needs to be a new dog in town and that dog is Shar Pei.
What Is Shar Pei?
A Shar Pei is a dog breed from southern China that is usually kept as a watchdog or a property guardian. The breed is distinguished by its incredibly wrinkly skin and muscular build. They make for adorable dogs while also being loving companions and guardians.
Deviating from the standard Shiba Inu dog breed that the meme coin space is known for, the Shar Pei project has taken on this dog breed to fly on its banner. Shar Pei has stayed as close to the original theme behind the leading meme coins but has found immense success in its differences. The project combines the fun of the meme coin community with the promise of a great future.
Shar Pei has also taken a different route with its team structure. For starters, the team does not intend to make any out of the meme token. This is why there was no private sale or a seed sale. Shar Pei was launched in a ‘free launch’ to give all investors a fair chance at making massive returns on their investments. The project is the embodiment of what a free and fair opportunity looks like.
Shar Pei was launched three weeks and four days ago and has found great success since it launched. There is a total supply of 100,000,000,000 (100 billion) tokens, with 50% (50 billion) of the tokens locked for five years. This greatly limits the supply available at launch in addition to the current circulating supply which will not go up in volume for the next five years.
There is no dev or team allocated tokens for Shar Pei when the tokens are purchased. Holders can hold millions or billions of $SHARPEI tokens as there is no limit on purchase.
At its current price, the market cap of Shar Pei sits at $8,000,000, with over 5,000 holders invested in the token.
The token has recorded an uptrend of up to 20,000% since launch and is expected to continue its bullish trend as the project matures. Shar Pei is listed on CoinMarketCap and Coingecko and is available for purchase on PancakeSwap.
For more information, visit https://sharpeitoken.io
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