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SHRUB on Ethereum: Tokenomics, Markets, Trading, and Risks Explained

SHRUB on Ethereum: Tokenomics, Markets, Trading, and Risks Explained

Editor's Pick: Check SHRUB's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

Quick facts

  • Symbol: SHRUB
  • Contract: 0x3b991130eae3cca364406d718da22fa1c3e7c256 (Etherscan)
  • Network: Ethereum (ERC-20), 18 decimals
  • Supply: 1,000,000,000 SHRUB max; ~940M–942M circulating (varies by source/time)
  • Taxes: 0% buy/sell reported
  • Liquidity: Reported as 100% burned
  • Holders: ~12.3k addresses (varies by source/time)
  • Audit/listing mentions: Referenced on CertiK via aggregators; low honeypot risk per third-party scanners

Note: Metrics for price, volume, holders, and liquidity vary by source and change frequently. Always verify in real time.

What is SHRUB?

SHRUB is a community-driven memecoin inspired by “Shrub the Hedgehog,” a pet introduced by Shivon Zilis (partner of Elon Musk). Like many meme tokens, it leans into internet culture and a playful mascot to rally a community rather than shipping a deep utility stack. The token lives primarily on Ethereum as an ERC-20 but has some cross-chain visibility on BNB Chain in portfolio trackers and DEX lists. There’s also a separate SHRUB-branded memecoin on Solana—be sure not to confuse them.

Tokenomics and contract notes

  • Total supply: 1,000,000,000 SHRUB
  • Circulating supply: ~942M SHRUB (estimates vary)
  • Burns: ~50,000,000 SHRUB reportedly burned; liquidity reported as fully burned/locked to reduce central control
  • Taxes: 0/0 (no buy/sell tax)
  • Ownership: Commonly reported as renounced (reduces ability to change core token logic)
  • Contract: Solidity v0.8.23 (optimization enabled, 200 runs)
  • Security posture (as reported by third-party tools):
    • No mint function
    • No blacklist or balance modification
    • No pausable transfers or sell limits
    • A whitelist function exists; purpose not fully clear—investigate before large positions

Useful explorers and dashboards:

Market snapshot

Figures fluctuate by minute and by data source. Recent ranges cited across trackers:

  • Price: ~$0.0033–$0.0047
  • 24h volume: ~$28k–$553k (some sources higher)
  • Market cap: ~$3.3M–$4.6M
  • FDV: ~$3.6M–$4.6M
  • All-time high: ~$0.2606 (Nov 13, 2024)
  • All-time low: ~$0.00003058 (Sep 16, 2024)

Liquidity on Ethereum:

  • Uniswap V2 SHRUB/WETH pool liquidity often cited in the ~$460k–$670k range, but this changes quickly. Check current pool stats on GeckoTerminal.

Where to trade SHRUB

You can find SHRUB on both centralized exchanges (CEXs) and decentralized exchanges (DEXs). Always double-check the contract address before trading.

Note on BNB Chain and Solana:

  • Some aggregators display SHRUB pairs on BNB Chain (e.g., PancakeSwap) and Solana (e.g., Raydium). These may reference bridged or different tokens. Verify the exact contract on BscScan for BNB Chain and confirm you are not trading the unrelated Solana SHRUB.

BNB Chain presence (clarification)

The contract above is primarily an Ethereum ERC-20. In multi-chain portfolio views, you might see a small value attached to BNB Chain and listings of SHR/WBNB pairs. This typically indicates bridge or mirrored-liquidity activity, not a native BNB deployment. If you intend to use BNB Chain, verify the token contract on BscScan and confirm pool authenticity before swapping.

Community and narrative

  • Social reach: ~2.6k followers on X, ~4.2k in Telegram (numbers change over time).
  • Appeal: The hedgehog mascot and its Elon-adjacent lore give SHRUB a recognizable meme hook. Like most meme tokens, community energy and narrative momentum are major drivers of interest.

Key risks to consider

  • Volatility: SHRUB’s drawdown from ATH has been steep at times, and daily swings can be wide.
  • Utility: It’s primarily a meme/community token—not a utility-rich protocol—so price may depend on sentiment and marketing cycles.
  • Liquidity and slippage: Liquidity can concentrate in a few pools; large orders may experience slippage.
  • Contract nuances: Although third-party scanners flag low honeypot risk and no mint/blacklist, a whitelist function exists. Understand its scope.
  • Cross-chain complexity: Bridged liquidity and mirrored tokens across chains (Ethereum, BNB, Solana) introduce bridge and impersonation risks. Always validate contracts.
  • Regulatory uncertainty: Meme tokens can draw regulatory scrutiny due to speculative behavior.

How to DYOR (do your own research)

Meme Insider’s take

SHRUB fits the classic meme playbook: a catchy mascot, zero tax, and liquidity burn claims to attract community participation. Its cross-chain visibility helps discovery, but it also adds diligence work for traders. If you’re exploring SHRUB, focus on:

  • Verifying you’re interacting with the correct Ethereum contract
  • Watching real-time liquidity and volume
  • Understanding the implications of renounced ownership and the whitelist function
  • Managing position size given volatility

As always, treat meme tokens as high-risk, and never invest more than you can afford to lose.

Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or trading advice. Crypto assets are volatile and can result in total loss. Always perform your own research and consult a qualified professional.

Tags:
#cross-chain #erc-20 #ethereum #memecoin #risk analysis #shrub #tokenomics #uniswap

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