Shibarium Executive Reflects On Shibaswap 2.0, Shibahub & More

  • Shiba Inu’s marketing strategist Lucie recently reflected on Shibarium’s upcoming developments.
  • The developments included Shibaswap 2.0, Shibahub, $TREAT, Metaverse, and Bone contract renouncing.
  • The Shiba executive warned that the objective of these developments was not to launch the meme coin to the moon.

Shiba Inu’s marketing strategist Lucie recently took to X (formerly Twitter) to reflect on multiple upcoming developments including the $TREAT token. The Shibarium executive told her followers that upgrades were steps in the project’s development journey and were not motivated by price pumping or attempts to support the price of Shiba Inu.

According to Lucie, Bone Contract Renouncing, Shibaswap 2.0, TREAT, Shibahub, and Metaverse will be significant for Shiba Inu’s progress. However, the executive added that the developments wouldn’t happen overnight and require support from the Shiba community. “It takes time, and if we don’t come together and spread positive vibes, progress will be slow,” she stated.

Speaking on the community’s expectations of Shiba Inu’s price witnessing a significant hike (reaching the moon), Lucie stated that the upcoming developments were not a promise of a wild moon. According to the Shibarium executive, the developments are about technology rather than the crypto trading market.

Lucie acknowledged the excitement and impatience among the Shiba Inu community for the new developments and their anticipated impact on the meme token’s price. She assured the community that the Shiba development team was working on the developments and that the upgrades would be worth the wait. “Developing with confidence and a positive community will attract more investors,” the executive added.

Data from CoinMarketCap shows that Shiba Inu (SHIB) has lost more than 30% of its value over the past four weeks. At the time of writing, SHIB was trading at $0.00000727 with a year-to-date (YTD) decline of over 43%. The meme token’s current market capitalization stands at $4.2 billion, with a daily trading volume of $115 million.

Comments

Post a Comment

Popular posts from this blog

Crypto market ‘dramatically underestimates’ bullishness of spot Bitcoin ETFs

Image
“It’s reckless not to aggressively accumulate BTC at current levels,” K33 senior analyst Velte Lund said in a recent report. The potential of a spot Bitcoin (BTC) exchange-traded fund (ETF) approval to drive prices up is dramatically underestimated by the crypto market , claim analysts from crypto research firm K33 — formerly Arcane Research.  In a Sept. 5 market report, K33 senior analyst Vetle Lunde and vice president Anders Helseth said the last three months had greatly improved the chances of a spot Bitcoin ETF approval despite the sentiment not being reflected in the price of Bitcoin or other mainstay crypto assets. The analysts explained while Bitcoin had all but given up its gains in the wake of Grayscale’s legal victory over the Securities and Exchange Commission — an approval would “attract enormous inflows” and significantly increase buying pressure for Bitcoin. Bitcoin returned its gains in the wake of Grayscale's victory. Source: K33 Research However, the downside of ...
Read more

Crypto Bias Blocks People from Seeing Coinbase as Goldman 2.0: Bitwise CEO

In a recent tweet, Hunter Horsley, CEO of Bitwise Asset Management, shared his frustration with the poor attention given to the US-based crypto, Coinbase, claiming that people are “sleeping” on the crypto business. Horsley argued that while big banks like Goldman Sachs attempt to avoid a “slow death” by investing in technology, APIs, and retail services, Coinbase has already achieved what many banks strive to attain. He points out that the exchange has an exceptional institutional team with 25% of the most significant hedge funds as clients, over 50% institutional volume, and a suite of first-class tech products. The Bitwise CEO also claimed that Coinbase co-invented the USDC payment rail, facilitating $2 trillion in transfers in 2022 Q4 alone. Rant — People are sleeping on Coinbase. Big banks like GS are working to avoid slow death by getting into technology, APIs (Apple deal), more retail services (Marcus), while grappling with the heft of legacy biz, rate exposure, ...
Read more

Komodo (KMD) Price Prediction 2023-2030: Will KMD Price Hit $ 0.7 Soon?

Image
Bullish Komodo (KMD) price prediction ranges from $0.4 to $0.7 Analysis suggests that the KMD price might reach above $0.68. The KMD bearish market price prediction for 2023 is $0.1775. What is Komodo (KMD)? Komodo is an open-source technology provider that provides the infrastructure and tools for the new decentralized financial system. With Komodo, anyone has the capability of launching a branded decentralized exchange, cross-protocol financial applications, and independent blockchains.   The project’s flagship end-user application is Komodo Wallet (formerly AtomicDEX). It is a non-custodial multi-coin wallet, crypto bridge, and DEX rolled into one app. Being compatible with 99% of cryptocurrencies, Komodo Wallet offers the widest cross-chain, cross-protocol trading support of any decentralized exchange. Komodo Wallet’s DEX feature is built using a peer-to-peer (P2P) atomic swap protocol with decentralized order books. Developers use ...
Read more