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 token is closely associated with the broader Shiba Inu ecosystem, with its marketplace hosted on ShibaSwap's marketplace platform and its NFT reference pointing to shib.io. 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 according to the project's self-reported data. The token's launch date is listed as 2024-02-13 by some data providers, while a February 15, 2024 community report still described the project as not yet launched; the project itself traces its inception to February 2023 and its first public acknowledgement to August 2023. The project describes itself as an experimental test enabled by the DN404 standard, aimed at exploring the untapped potential of the 404 Ethereum standard. According to Shib News (April 15, 2024), Sheboshis is integral to the Shibarium ecosystem and represents an amalgamation of ERC-20 and ERC-721 standards facilitated by the DN-404 standard. According to the CoinMarketCap registry, the project's official website is the ShibaSwap marketplace at marketplace.shib.io, and the project is described as integral to the Shibarium ecosystem.

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. Note: some data providers list a different contract address (0x6930450a416252c7206fbce76c01ecc850a36cb9, 9 decimals); always verify the address on Etherscan before interacting.
• 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, self-reported)
• Launch Date: 2024-02-13
• Official Website: https://marketplace.shib.io/
• Additional site listed by some data providers: https://www.sheboshis.net/
• Marketplace: marketplace.shib.io
• Contract Security Audit: No Contract Security Audit Submitted (per Etherscan)

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. An address labeled Shiba Inu: Deployer 2 on Etherscan (0xc7D0445ac2947760b3dD388B8586Adf079972Bf3) holds 1.0415476 SHEB, about 0.0052% of supply; this does not by itself establish who deployed the token. 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. Etherscan lists the contract name as ERC1967Proxy with a separate proxy implementation address, which is consistent with a proxy pattern; whether the implementation can be upgraded should be verified against the contract's admin functions. 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, which holders can purchase, trade, and build collections around on the ShibaSwap marketplace. 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. The fixed supply of 20,000 tokens, with 100% reported as circulating, creates a scarcity-oriented structure. 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. According to the project description, holders can purchase, trade, and build their SHIBOSHI collections on ShibaSwap. The related SHIBOSHIS collection (10,000 NFTs) is described as having an upcoming Shiboshi Game in which Shiboshi owners can use their NFTs in strategic games; no equivalent game has been documented specifically for SHEB. In practice, SHEB functions as a meme coin that can be transferred, swapped, and held on Ethereum-compatible wallets, and it is listed on various price-tracking and trading platforms. 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 and future game-related activities.

How Is the Sheboshis ecosystem developing?

The Sheboshis ecosystem is closely tied to the broader Shiba Inu project infrastructure, with its marketplace hosted on marketplace.shib.io and its NFT reference pointing to shib.io. The related SHIBOSHIS collection (10,000 NFTs) is described as having an upcoming Shiboshi Game in which Shiboshi owners can use their NFTs in strategic games; no equivalent game has been documented specifically for SHEB. Community links registered with CoinMarketCap include Telegram (t.me/ShibariumTechnologies), Discord (discord.gg/shibariumtech), and X (twitter.com/shibtoken). CoinMarketCap's listing shows a 'Claim Community Badge' option, indicating the badge has not necessarily been claimed. However, development activity appears limited: there is no formal roadmap, no submitted security audit, and CoinMarketCap's listing shows 'Update Token Info' and 'Submit Token Unlocks' options, indicating the project has not yet completed these registry fields. No dated development updates or roadmap milestones are published on the project's registered channels.

How to mine Sheboshis?

Sheboshis is not a mineable cryptocurrency. It is an ERC-20 token on the Ethereum blockchain. CoinMarketCap, Crypto.com and Etherscan all list total, max and circulating supply at 20,000 SHEB; some data providers (CoinDesk, Yahoo Finance) list conflicting figures, so the 20,000 figure should be treated as the registry value rather than an independently verified on-chain total. 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, according to Etherscan's token page, no contract security audit has been submitted for this token, 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

Sheboshis carries significant risks that prospective users should weigh carefully. Its price can be highly volatile, and the asset may lose value rapidly. Regulatory treatment of meme coins and hybrid token standards varies by jurisdiction and may change, which could affect availability or legality. Technical risks include the experimental DN404/ERC404 design, the proxy contract structure, and the absence of a submitted contract security audit per Etherscan. The project has no formally disclosed team or roadmap, and some listings describe it as a meme coin with no intrinsic value or expectation of financial return. These points are presented for information only and should not be read as predictions or recommendations.