• Wed. Jul 17th, 2024

SHIB Community Influencer Discloses Shiba Inu’s Next Projects

Maria Bartiromo

ByMaria Bartiromo

Jul 9, 2023

In an unexpected revelation, Lucie, a popular member of the Shiba Inu community: the ShibArmy,  commented on the Shiba Inu ecosystem’s upcoming expansion beyond its popular tokens, SHIB, BONE, and LEASH. The cryptocurrency community is in shock due to this announcement, and investors and enthusiasts eagerly await more information on what lies ahead for the meme coin.

The Shiba Inu ecosystem has been supported by SHIB, BONE, and LEASH, each with a specific function within the decentralized network. The original token, SHIB, attracted much attention as the “Dogecoin killer” and has amassed a sizable fanbase since its launch.

The main decentralized exchange (DEX) on the Shiba Inu network, Bone Shibaswap, has given users a platform to securely trade and swap tokens with BONE, its native asset. Conversely, LEASH has been positioned as a unique and limited-edition token within the ecosystem.

During a recent interview, Shytoshi Kusama, the creator of Shiba Inu, pointed out that there is some important development for the token in the future. Kusama disclosed that a layer-2 scaling solution, intended to alleviate the network’s scalability concerns, is closer than anticipated to launch on the main net.

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The Shiba Inu market has reacted positively to this development since the news made it out to the public. Hence, many investors are gradually taking an interest in the project. An analytical account from Crypto News has it that Shiba Inu’s ecosystem is expected to draw more users and investors as it develops, further strengthening its place in the competitive cryptocurrency market.

The news of Lucie’s disclosure has already stirred up the cryptocurrency community, with social media platforms bustling with conversations and rumors. Investors and supporters of the Shiba Inu project are keenly following any updates from the project’s official channels to learn more about the ecosystem’s potential future course.

Lucia Responds To Critiques. Token To Serve As Gas Token

The tweet insinuated that it is unclear how this expansion will affect the worth and usefulness of the existing tokens as the Shiba Inu ecosystem is about to change. Lucia disclosed that there are hundreds of more projects hoping to join the Shiba Inu project since the Shibarium mainnet was launched.

The tweet was quoted as thus: “There will be many more projects—hundreds, not just one or two! More is better. Lucia hopes that as the ecosystem grows, it will attract more attention and potentially even usher in ground-breaking partnerships and application cases.

Bone Shibaswap has been in the news for surpassing BTC and ETH. It was also announced that it would serve as the recommended gas token for the layer-2 solution, Shibarium, which is yet to be launched. While responding to critics, Lucia encouraged the ShibArmy to concentrate on the impressive performance of Shiba Inu’s project.

In earlier tweets, Lucia talked about Kusama’s intention to leave the team but didn’t state the exact reason. Investigation revealed that some of those lined-up projects by the Shiba Inu team are  SHIB Metaverse and Shibaswap 2.0, which is aimed at providing more function for the coin.

While commenting on the development, Jane Smith’s ETH News says that such initiatives have the propensity to push up the price of the token to $0.001. Lucia then assured the community that the Shiba Inu team will continue to regard SHIB, BONE, and LEASH as their “home and babies” despite the expansion plan.

Maria Bartiromo

Maria Bartiromo

Maria Bartiromo is a renowned news writer and journalist, celebrated for her insightful reporting and authoritative voice. With a career spanning years, she has established herself as a trusted source of accurate and comprehensive news analysis, keeping readers informed on vital global developments.

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