A Shiba Inu member apprised the community of exciting updates but emphasized that they were not intended to boost prices. SHIB marketing guru and prominent member Lucie recently outlined the major projects that the community should be anticipating with an eye toward market rates. The first item on the list was the proposed renunciation of the BONE contract.
The contract renunciation refers to giving up possession of the BONE token contract, which was earlier brought up by Shytoshi Kusama, the lead developer, last month. Lucie emphasized that it is market-focused, suggesting that as BONE develops, the issuer will no longer be able to mint or have control over it.
The content specialist next listed Shibaswap 2.0 as another significant upcoming development for the meme token ecosystem. A few months ago, a SHIB member shed light on the latest iteration of the DEX, which included a revamped look and a brand-new crypto site. The updated version would also support additional tokens and cheaper fees are only a couple of the anticipated new features and enhancements.
Launched in July 2021, ShibaSwap enables users to swap and stake tokens from the Shiba Inu ecosystem, such as SHIB, BONE, and LEASH. The DEX rapidly gained popularity and reached $1 billion in TVL within 24 hours of its launch. In April, Kusama hinted that ShibaSwap 2.0 was coming without giving an exact time frame.
The Treat token, Metaverse, Shibahub, and other goodies with a Shiba Inu theme were also highlighted by Lucie. When it’s ready, Lucie said in reference to their anticipated launch dates. Lucie also admitted that development takes time.
Shiba Inu’s Journey To Wild Moon
She urged the neighborhood to keep its attitude of cooperation and optimism. Without cooperation and the transmission of positive energy, she issued a warning that progress might be uneven. Lucie also compared the lineups to the Shibarium project, pointing out that they are milestones toward creating the Shiba Inu environment. She emphasized that the announcement of the upcoming projects is not meant to raise prices.
“Are we promising wild moon?” she asked. No! We’re discussing technology that exists independently of the market. However, she recognized the market’s inherent importance in the bigger picture of the development initiatives.