Sheboshis PriceSHEBInactive

What is Sheboshis (SHEB)?

Sheboshis (SHEB) is a meme-oriented digital asset built on the Ethereum blockchain that combines the characteristics of a fungible ERC-20 token with non-fungible token (NFT) functionality. According to the project description, SHEBoshis are 20,000 lovely Shiba Inu-generated hybrid NFTs enabled by the DN404/ERC404 standard. The project positions itself as a companion collection to the original SHIBOSHIS, describing its narrative as one where the SHEBoshis waited for their male partners, the SHIBOSHIS, and have now arrived to spread love. The project uses Shiba Inu branding and hosts its marketplace on ShibaSwap, but third-party listings state it has no formal team and is not affiliated with any team; the branding alone does not establish an official affiliation. SHEB carries the Memes, ERC404, and DN404 tags and is listed in DEX Mode on CoinMarketCap. The total supply is 20,000 SHEB, which also represents the maximum and circulating supply. The project was conceived within the team in February 2023 and first publicly acknowledged at the Eth Conference in August 2023; the token launched on 13 February 2024. It remains in an experimental stage, with limited formal documentation and no contract security audit submitted to Etherscan by the project.

Key Specifications & Tokenomics

• Name: Sheboshis
• Ticker/Symbol: SHEB
• Blockchain/Platform: Ethereum (ETH)
• Token Standard: ERC-20 (also described as ERC-404 / DN404 hybrid)
• Contract Address: 0x5dE869E3E62B0FB2c15573246BA3Bb3Fd97a2275
• Decimal Places: 18
• Category: Memes, ERC404, DN404
• Total Supply: 20,000 SHEB
• Max Supply: 20,000 SHEB
• Circulating Supply: 20,000 SHEB (100% of total, per CoinMarketCap registry data)
• Launch Date: 2024-02-13
• CoinMarketCap ID (UCID): 29559; CMC listing date: 2024-02-27
• Official Website: https://marketplace.shib.io/ (per CoinMarketCap registry); an alternate project site is listed as https://www.sheboshis.net/ on some third-party trackers.
• Marketplace: marketplace.shib.io
• Contract Security Audit: No Contract Security Audit Submitted

Note: some trackers list a different contract (0x6930450a416252c7206fbce76c01ecc850a36cb9, 9 decimals); the canonical ERC-20 contract per Etherscan and CoinMarketCap is 0x5dE869E3E62B0FB2c15573246BA3Bb3Fd97a2275 with 18 decimals.

Who created Sheboshis?

Based on available public information, Sheboshis does not have a formally disclosed team or roadmap. The project is described in third-party listings as a meme coin with no intrinsic value or expectation of financial return, and it is noted as having no formal team or roadmap and not being affiliated with any team. The token's on-chain deployment is associated with an address labeled as Shiba Inu: Deployer 2 on Etherscan, which holds a small balance of SHEB. However, no individual founders, developers, or organizational entities have been publicly identified in connection with the project. Detailed public information about the project's leadership and development structure is currently limited, and prospective users should take this into account when evaluating the asset.

How does Sheboshis work?

Sheboshis operates on the Ethereum blockchain using a hybrid token model enabled by the DN404/ERC404 standard. This standard is designed to merge the properties of ERC-20 fungible tokens with NFT-like characteristics, allowing a single contract to represent both divisible token units and unique collectible-like assets. The deployed contract is an ERC1967Proxy with implementation at 0xE5Bc6c59...97c713E4f; proxy contracts separate logic from storage, and users should verify the current implementation before interacting. The contract was compiled with Solidity v0.8.20+commit.a1b79de6 (optimization enabled, 200 runs, paris EVM version). The proxy implementation handles the token's core logic, and a UI multiplier mechanism adjusts displayed token amounts based on the UIMultiplierUpdated event. The project's narrative ties the tokens to a collection of 20,000 Shiba Inu-generated hybrid NFTs. The combination of DN404 mechanics and the Shiba Inu theme is intended to create a collectible and community-driven experience rather than a purely functional utility token.

What makes Sheboshis unique and valuable?

The primary distinguishing feature of Sheboshis is its use of the DN404/ERC404 hybrid standard, which allows the token to function simultaneously as a fungible ERC-20 asset and as a collection of NFT-like units. This experimental approach places SHEB in a niche category of tokens that aim to blend liquidity with collectibility. Its connection to the Shiba Inu ecosystem, including a marketplace on ShibaSwap and references to shib.io, gives it a recognizable thematic identity within the meme coin space. Total, maximum, and circulating supply are all reported as 20,000 SHEB (100% of total, per CoinMarketCap registry data); a fixed supply does not by itself imply value or demand. However, potential value is highly speculative: the project has no formal team, no roadmap, no contract security audit, and is explicitly described in some listings as a meme coin with no intrinsic value or expectation of financial return. Its uniqueness lies mainly in its experimental token standard and community narrative rather than in established utility or adoption.

What is Sheboshis used for?

SHEB is primarily used as a tradable and collectible digital asset within the Shiba Inu-themed ecosystem. SHEB itself has no documented game utility; the Shiboshi Game described in project materials applies to the separate SHIBOSHIS NFT collection (10,000 NFTs). In practice, SHEB functions as a meme coin that can be transferred, swapped, and held on Ethereum-compatible wallets. It is tracked on several price-tracking sites, and the only documented trading pair is SHEB/ETH on ShibaSwap. It does not appear to serve as a governance token, gas token, or staking asset with documented protocol-level utility. Its main use cases are speculative trading, collection building, and participation in the project's community.

How Is the Sheboshis ecosystem developing?

The Sheboshis ecosystem is closely tied to the broader Shiba Inu project infrastructure. Its official website per CoinMarketCap is the ShibaSwap marketplace at marketplace.shib.io, and project materials also reference shib.io. The project describes an upcoming Shiboshi Game that would allow NFT owners to use their assets in strategic games, though no detailed timeline or technical specifications are publicly available. Community and social links listed on Etherscan include X (Twitter), Telegram, Discord, and an e-mail contact, indicating an effort to maintain a community presence. The project also has a presence on major price-tracking platforms and a community badge claim option on CoinMarketCap. The CoinMarketCap listing provides basic registry data (supply, contract, tags, DEX Mode) and a community badge claim option. However, development activity appears limited: there is no formal roadmap and no submitted security audit, suggesting that ongoing ecosystem development is not yet well documented.

How to mine Sheboshis?

Sheboshis is not a mineable cryptocurrency. It is an ERC-20 token on the Ethereum blockchain, and its full supply of 20,000 SHEB was created at the token contract level rather than through mining. There is no proof-of-work mining mechanism associated with SHEB, and no staking or yield-farming program is described in the available project information. Users obtain SHEB by purchasing it on supported trading venues or through decentralized swap mechanisms, or by acquiring it as part of the NFT-related collection activity on the ShibaSwap marketplace. Because the token operates on Ethereum, transactions require ETH for gas fees. Anyone interested in acquiring SHEB should use official contract information and verify the token address before interacting with any platform.

How to keep your Sheboshis Coin safe?

Keeping SHEB safe begins with using a reputable self-custody wallet that supports Ethereum and ERC-20 tokens, and always verifying the official contract address before adding or swapping the token. Because SHEB uses a proxy contract and has no submitted security audit, users should be especially cautious about approving token allowances and should revoke unnecessary permissions regularly. Storing large amounts in hardware wallets and keeping seed phrases offline and private is strongly recommended. Users should avoid clicking unsolicited links, be wary of fake tokens with similar names, and confirm that any marketplace or swap platform is the official ShibaSwap marketplace or another trusted venue. Given the project's experimental nature and the absence of a formal team or audit, investors should only allocate funds they can afford to lose and should independently research the asset before making any transaction.

Risks and uncertainties

SHEB is subject to significant price volatility, and its market value can change rapidly. Regulatory treatment of crypto assets varies by jurisdiction and may change, which can affect access, trading, and holding. Technical risks include the proxy contract structure, the absence of a submitted security audit, and the experimental nature of the DN404/ERC404 standard. The points above describe the project's stated design and public registry data; they are not an assessment of future performance or value.