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Shiba Inu Launch Exclusive Discord Channel

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The Shiba Inu team has added a vibrant addition to the Discord community with the launch of a brand-new channel dedicated to http://News.SHIB.IO. This channel designed for lively debates, content discussions, and the sharing of intriguing tweets [in the form of screenshots, without links]. Speaking on the development, marketing guru Lucie has also shared a screenshot of the new space details.

Hey Shibarmy! Just added a cool new channel on Discord for http://News.SHIB.IO It’s a space for lively debates about content and sharing interesting tweets [screenshots only, no links]. Keep an eye on it โ€“ your contributions might feature in future editions!

The newly established channel aims to foster engaging conversations within the Shiba Inu community, creating a dynamic hub where members can discuss and dissect various topics related to the Shib token and the broader crypto landscape. The emphasis on sharing tweets through screenshots adds a unique touch, encouraging members to curate and present content in a visually compelling manner.

Shiba Inu

This development not only enhances the collaborative spirit within the formidable Shibarmy but also opens up an avenue for community members to actively participate in shaping future editions of news content. The decision to keep the discussions centered on screenshots adds an interesting twist, promoting concise and impactful content sharing. This format not only streamlines the sharing process but also ensures that the channel remains focused on the essence of the discussions.

Shiba Inu: Shibarium’s New Donate Option

A day earlier, developers of the Shiba Inu layer-2 scaling protocol rolled out a new functionality. According to an X post sent out by a prominent SHIB member, Shibarium will now have a โ€œDonateโ€ option. This is set to empower the SHIB community to make financial contributions to non-profit validators, playing a vital role in upholding the efficiency and security of the Shibarium network.

The feature allows users to actively participate in sustaining and advancing these validators, thereby strengthening the overall integrity and resilience of the Shibarium network. To make a donation, one first needs to visit the validator information page from the comprehensive list of all validators. Then, click on the Donate button and select the token along with the desired amount one wishes to contribute.

Shiba Inu Ecosystem Soars Beyond Meme Origins: Shibarium’s Growing Influence

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Shiba Inu’s ecosystem has rapidly evolved from its origins as a meme-inspired cryptocurrency and now includes its layer-2 blockchain, known as Shibarium. Initially considered a competitor to Dogecoin, Shiba Inu has since become a major player in the crypto world with three key tokens: SHIB, BONE, and LEASH. Additionally, ShibaSwap, a decentralized trading platform, is integral to the Shiba Inu ecosystem.

Lucie, the marketing lead for Shiba Inu, recently took to the social media platform X to shed light on SHIB’s pivotal role within the Shibarium ecosystem. Beyond its initial reputation as a meme token, SHIB has become a governance token, steering decisions, and community initiatives.

Under the governance umbrella, SHIB holders could influence decision-making processes, propose community initiatives, and actively participate in council elections. This commitment to governance aligns with SHIB vision of community-driven development.

SHIB’s utility extends beyond its native ecosystem, finding acceptance as a legitimate payment method with notable companies such as AMC, Gucci, GameStop, and Twitch. This real-world adoption marks a crucial milestone, propelling SHIB beyond its meme origins into a versatile and valuable asset.

Shiba Inu Unleashes Versatility

Lucie detailed additional roles for SHIB within the “Charity Council” and the “Culture and Heritage Council,” further highlighting its multifaceted contributions. The wider Shiba Inu ecosystem remains in active development, marked by intermittent announcements of new projects and innovations.

Looking ahead, Lucie has floated the idea of Robinhood listing the BONE token, showcasing the team’s proactive approach to expanding Shiba Inu’s reach. CoinCodex’s algorithm predicts a potential rise to $0.000009534 by December 11, adding another layer of anticipation to Shiba Inu’s dynamic journey beyond meme fame.

SHIB has secured its position as the second-largest meme crypto, trailing only Dogecoin, with a market cap reaching $5.31 billion. Lucie emphasized the pivotal role of SHIB as the catalyst that paved the way for subsequent innovations like ShibaSwap, Shibarium, and Shi, showcasing its indispensable status in the Shiba Inu ecosystem.

As of the latest 30-day analysis, SHIB has experienced a remarkable 33% gain, contributing to its stronghold in the broader crypto market. Simultaneously, LEASH has seen a commendable 23% surge during the same period. However, BONE, utilized for gas fees on Shibarium, faces a 4% decline due to reduced activity on the layer-2 network, evident in the 9,230 transactions recorded in the past 24 hours, as per Shibariumscan data.

Shiba Inu Burn Rate Soars a Massive 700%

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Shiba Inu (SHIB), the self-proclaimed “Dogecoin killer,” is showing strength in more than one way today as the deflationary burn rate metric gains a massive boost. Data from Shibburn pegs the total number of SHIB sent to dead wallets at 9,793,961 SHIB, a figure that is up 704.59% from the previous day’s level.

Source: Shibburn

This burn rate is in keeping with the tempo it started the week with where more than 120 million SHIB has been taken off circulation thus far. According to the charts, the address โ€˜0x195451..โ€ contributed the bulk of the overall total burnt with exactly 9,653,363 added to the burn wallet. At least three other wallets also sent some tiny quotas to the burn address, underscoring the resolve of the broader Shiba Inu community to deflate the excessive SHIB supply.

With the current Shiba Inu burn outlook, exactly 410,644,719,355,767 SHIB has been burned since the deflationary metric was introduced. This leaves approximately 580026441139621 SHIB in circulation. These figures show that despite the impressive progress made thus far, there is still a long way to go to eradicate the massive SHIB that keeps prices diluted.

Shiba Inu Price Outlook

This impressive burn rate figure comes as Shiba Inu’s price is on a mega recovery lane. Data from CoinMarketCap shows SHIB has soared by 5.3% overnight to keep its price above the crucial threshold of $0.000008612.

This price level is particularly a good boost for members of the community considering how this level is the highest SHIB has touched in a month and the best since August 19. Closing above this price zone might reinforce the confidence in the market and permit the already existing greed in the market to truly play out. With the burn rate and buying sentiment synchronizing, a more bullish upside for price lies ahead.

Overall, the future of Shiba Inu looks bright. The burn rate is increasing, the price is recovering, and the community is strong. If these trends continue, SHIB could be well on its way to becoming a major player in the cryptocurrency market.

Here are some of the factors that could contribute to further SHIB price growth:

  • Increased adoption by merchants and businesses
  • More listings on major cryptocurrency exchanges
  • Positive news and developments from the Shiba Inu team
  • A strong overall cryptocurrency market

Of course, there are also risks to consider. The cryptocurrency market is volatile, and SHIB is still a relatively new and unknown coin. However, the potential rewards for investing in SHIB are high, and the coin has already proven to be capable of significant price gains.

Shiba Inu’s Tech-Driven Magazine Launch

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Shiba Inu’s newly launched magazine is out. Dubbed The Shib Magazine, it is a weekly publication touted to satiate the curiosity of enthusiasts and pioneers alike. According to the blog published, Shib Magazine is not any typical read; it’s a portal to uncharted territories of innovation, offering unparalleled insights, cutting-edge thought leadership, and captivating content designed to ignite the imagination of its readers. As a gesture of appreciation, the first 1000 subscribers will receive an exclusive complimentary NFT of the magazine cover, making this launch an event to remember.

Besides covering the latest developments in the Shiba Inu ecosystem, readers can contribute, ensuring their voices are heard and creating a dynamic and inclusive reading experience. For businesses seeking enhanced visibility, The Shib Magazine offers comprehensive marketing packages, including front-page features and membership in the influential Shib influencer network.

Shiba Inu

Advertising space is also available, catering to a vast and diverse audience. For more details on available packages, interested parties are invited to reach out to the team at partner@shib.io.

A day prior, Lucie, the marketing specialist for the Shiba Inu project team, revealed an ambitious initiative named ‘The Shiba State’s Grand Plan,’ which is set to unfold between 2024 and 2025. The outlined roadmap revolves around decentralization, community empowerment, and inclusivity, aiming to transform the way decisions are executed within the system.

Shiba Inu’s Big Plan 2024/2025

Dubbed the ‘Big Plan’ for Shiba Inu in 2024/2025, Lucie’s tweet highlighted several key objectives, prominently featuring the phrase “Empowering Everyone.” This signifies a shift towards distributing decision-making authority across the Shiba Inu community. This strategy intends to diminish central control by providing each token holder with a stake in governance decisions. This inclusive approach fosters trust, and confidence within the community, assuring members that their opinions genuinely hold weight.

As detailed by TronWeekly, the most compelling aspect of Shibarium’s vision lies in its steadfast commitment to sustainable growth. By embracing decentralization and enabling the community to partake in collective decision-making, Shibarium is laying the groundwork for enduring, sustainable prosperity. This approach underscores a profound dedication to the community’s well-being, ensuring its flourishing not just for the present but for future generations as well.

Shiba Inu and RSTLSS Pioneers Digital Fashion: Details

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Shiba Inu has made a significant stride by partnering with RSTLSS, a leading creator platform specializing in next-generation wearables for Web3, gaming, social, and real-life applications. This collaboration marks a pivotal moment in the evolution of digital fashion and metaverse experiences. According to the official press release, RSTLSS will integrate the Shibarium blockchain into its user-generated content [UGC] platform, ushering in a new era of possibilities.

With this strategic alliance, RSTLSS is set to enhance its offerings significantly. The integration of Shibarium will enable RSTLSS to produce physical clothing inspired by metaverse designs, extending its reach across diverse platforms and game engines. RSTLSS is renowned as a digital fashion developer that empowers individuals, including artists, brands, and influencers, to freely express their identity within the metaverse. Notably, RSTLSS has collaborated with major game developers such as Ubisoft, Epic, and Roblox, further establishing its prominence in the digital fashion landscape.

Shiba Inu

One of the standout features of the RSTLSS platform is the ability for users to create NFT-backed clothing and accessories. These digital assets can be seamlessly integrated into avatars within the metaverse or any digital environment, enhancing the overall user experience. As part of this collaboration, members of the SHIB community will have access to curated drops, with the initial offering being RSTLSS’s “MareBears” mint.

MareBears are interactive digital pets minted on RSTLSS, boasting 13 different trait slots that allow for maximum customization and rarity hacking. These VRM avatar-ready creatures also serve as digital pets on users’ phones, creating an immersive and interactive experience.

Shiba Inu Unlock New Access With BitPay

RSTLSS assets are minted as ERC-1155 tokens, and soon, the platform will support ERC-721 and ERC-6551, ensuring full composability of items. Each 3D or 2D component created on RSTLSS is attributed to its original creator. The final asset is minted to a smart contract that distributes royalties equitably among all creators involved, promoting a fair and inclusive digital fashion ecosystem.

Simultaneously, Shiba Inu’s journey toward mainstream adoption received a significant boost through its collaboration with BitPay, a prominent crypto payment gateway, and Banxa, a Canadian payment provider. This collaboration aims to introduce new local payment methods for crypto buyers globally, enhancing the accessibility of digital assets to a wider audience. This development signifies a key step in Shiba Inu’s mission to broaden its user base and make digital assets more accessible and user-friendly.

Robinhood Boosts Shiba Inu Trading At Just $1 In This New Location

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Shiba Inu, the popular meme coin, experienced a major resurgence following the decision by Robinhood, a leading US-based cryptocurrency trading platform, to expand its support for the coin in Nevada, the 7th-largest state in the United States. This announcement holds significant importance, considering Robinhood’s limited accessibility across states previously. According to the platform’s blog post, it plans to offer trading services for 15 cryptocurrencies in this region, complete with a provided link for seamless transactions.

Robinhood Crypto, headquartered in Menlo Park, California, is renowned for enabling commission-free trading of stocks, exchange-traded funds, and cryptocurrencies. Remarkably, the platform has achieved widespread coverage, operating in every US state and the District of Columbia, with the exception of Hawaii. Notably, Robinhood garnered attention due to its substantial holdings in Shiba Inu. As of August 2023, it holds a staggering 20 trillion Shiba Inu meme coins in its wallet, in addition to other cryptocurrencies within its extensive portfolio.

Shiba Inu

Furthermore, Robinhood emphasized that cryptocurrency enthusiasts can now engage in Shiba Inu trading with as little as $1, significantly lowering the barrier to entry for potential investors. However, it’s important to note that this opportunity excludes residents of New York and Texas, who are unable to participate in meme token trading through the platform.

Shiba Inu Rallies By 20% Amidst Rising Whales’ Moves

Simultaneously, Shiba Inu’s on-chain metrics witnessed intriguing developments. TronWeekly reported a substantial surge in activities among large token holders, commonly referred to as whales, over the recent weekend. These SHIB whales accumulated an astonishing total of 4.52 trillion tokens in their wallets, representing a remarkable 2300% increase from the previous Friday’s activity. Notably, there was a significant decrease in the volume of SHIB tokens being transferred out of these whale accounts.

At the end of the previous week, approximately 282 billion SHIB tokens moved out of these accounts, a figure that significantly dropped to 29.13 billion over the weekend. These whale movements coincided with a broader bullish trend in the market. SHIB’s price surged impressively, with an 18.5% increase in the weekly index and a notable uptick of over 7% in the past 24 hours, indicating positive momentum for the meme coin in the market.

Shiba Inu’s Potential Resurgence: Analyst Ali Martinez Points To Technical Signals

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In a pivotal move, renowned market analyst Ali Martinez predicts a roaring comeback for Shiba Inu based on its robust technical foundation. Martinez, a respected figure in the financial world, has identified a significant buy signal flashing on Shiba Inu’s weekly chart, as indicated by the TD Sequential indicator.

Martinez emphasized that SHIB has demonstrated staggering surges of 118% and 71% on two occasions in recent history. The rarity of the TD Sequential setup underscores the need for vigilant monitoring of this altcoin in the days ahead.

Source: Tradingview.com

As the week progresses, SHIB is experiencing a moderate deceleration in its price surge, starkly contrasting its earlier fervent ascent. The meme coin is holding steady at $0.000007395 on Coinmarketcap, showcasing a marginal decline of 1.94% increase over the past 24 hours.

Shiba Inu’s Remarkable 7.52% Surge

SHIB emerged as one of the most prominent gainers among meme coins the previous week, achieving a remarkable price hike of 7.52%. This surge is a reflection of the broader market dynamics and a testament to the remarkable strides and innovations within the Shiba Inu ecosystem.

Functioning as a token, ShHIB is characterized by its deflationary nature, primarily attributable to its burn mechanism. With millions of SHIB tokens being funneled into dormant wallets and subsequently withdrawn from circulation weekly, the coin sets a precedent for other meme coins within the ecosystem.

The advent of Shibarium serves as a substantial catalyst, promising a host of additional utilities for the SHIB token in the foreseeable future. This development bolsters Shiba Inu’s position as a formidable player in the cryptocurrency landscape. As investors and enthusiasts brace themselves for what lies ahead, Shiba Inu’s potential resurgence beckons, setting the stage for an exhilarating journey in the cryptocurrency market.

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Shiba Inu & Bad Idea AI Unite To Unveil Advanced Chatbots

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Shiba Inu’s affiliated venture, Bad Idea AI, made a significant announcement regarding its latest creation, an AI bot that has recently been launched. This groundbreaking AI bot was quietly introduced by the pseudonymous lead developer of Shiba Inu, Shytoshi Kusama, recently. The news was shared on the official Telegram channel Shibarium Tech, where the partner company revealed the details.

According to the announcement, the AI bot, named Bad Idea, is designed to analyze market trends, predict outcomes of different strategies, and more. Its usage witnessed an astonishing surge, increasing by 1,000% week over week, as reported in a post on X.

The discreet manner in which the AI bot was launched has generated significant excitement, especially considering it had previously teased its existence by posting a few messages on the Shibarium Tech channel. In these messages, the bot identified itself as part of the SHIB army and emphasized its collaboration with both the BAD team and the Shiba Inu team. It positioned itself as one of the early AI implementations within the Shibarium ecosystem.

Shiba Inu

The bot’s primary objective, in its own words, is to “break down geo-restrictions and provide equal access to advanced AI technologies.” It is accessible through various social media platforms such as Telegram and Discord, facilitating private conversations and community building. Describing itself as a practical tool, the bot aims to enable secure, accessible, and meaningful digital interactions.

Shiba Inu’s AI Chatbot Include Machine Learning

In addition to its chat-related functions, the bot is continuously evolving, incorporating advancements in machine learning, exploring potential collaborations, and investigating ways for service monetization. Users can interact with the BAD bot by typing commands or queries in the chat box and receiving responses accordingly. Private direct messages function similarly.

Notably, the Shiba Inu ecosystem has been fostering strong connections with BAD Idea AI, a project focused on integrating artificial intelligence with blockchain technology. Not long back, BAD Idea AI revealed that it was offering a listing to its AI chatbot training model exclusively for projects within the Shibarium network. Under this program, Bad Idea AI will train its chatbot to comprehend both technical and general information about accepted projects. This knowledge equips the bot to be a valuable asset within project communities, assisting users by addressing their inquiries effectively.


Shiba Inu’s LEASH: Shytoshi Kusama’s Plans Sparks Excitement

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In a recent turn of events within the Shiba Inu ecosystem, lead developer Shytoshi Kusama has once again captured the attention of the crypto community with his cryptic teasers. This time, the focus of speculation is LEASH, a significant component of the meme coin’s native tokens, also known as the “Doge Killer.” Comprising one-third of the Shiba Inu framework alongside BONE and SHIB, LEASH has remained a somewhat enigmatic asset within the ecosystem.

Shiba Inu

Amidst heightened anticipation among the Shib Army, Kusama dropped hints about imminent announcements, signaling a wave of initiatives on the horizon. Kusama’s teaser began with the metaphorical expression of the “quiet before the storm,” alluding to the potential revelation of new projects. When questioned about LEASH, Kusama shared a glimpse of his vision, stating,

My plan is to build a framework that expresses to the community what YOUR plans, products, and platforms that use LEASH are … so we all can DOOR [DYOR]. This is the quiet before the typhoon, and I can’t wait to learn about all the fantastic projects building with Leash, Shib, Bone, or launching on Shibarium. This is truly the next step in decentralization.

Despite Kusama’s characteristic secrecy, he confirmed the development of a framework designed to highlight LEASH’s integration into projects within the Shibarium platform. This revelation has sparked considerable interest among the Shib Army, as it promises a potential shift in LEASH’s utility and significance within the Shiba Inu ecosystem.

Historically, the LEASH token has been primarily utilized for accessing upcoming metaverse land and providing staking rewards. Stakers have had the opportunity to enjoy substantial rewards by staking LEASH on ShibaSwap. According to CoinGecko data, LEASH is presently valued at $315, with a market capitalization of approximately $34 million.

Shiba Inu’s LEASH Braces For A New Dawn

However, LEASH has not generated widespread excitement among investors and users in comparison to its more prominent ecosystem counterparts, SHIB and BONE. This relative stagnation has been attributed to the token’s limited dynamic utility, hindering organic demand. The latest announcement, aimed at showcasing LEASH’s integration into diverse projects within Shibarium, holds the potential to elevate the token’s visibility among its peers and rejuvenate investor interest.

As the Shiba Inu ecosystem continues to evolve, investors and enthusiasts keenly await further details about these upcoming initiatives, eager to witness how these developments will reshape the landscape for LEASH and the Shiba Inu ecosystem as a whole.

Shiba Inu Leader Breaks Silence To Applaud Shibarium Projects

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In an exciting turn of events, the Shiba Inu leader, known by the community as Kusama, has publicly acknowledged the tireless efforts of the builders on the Shibarium blockchain. This commendation was made in a recent statement within the Shibarium Telegram group, where Kusama expressed his enthusiasm for the myriad of incredible projects taking shape.

It’s worth noting that Kusama initially had a reserved stance towards the challenges faced by teams working on valuable projects through Shibarium. However, he has now broken his silence to give credit where it’s due, stating, “Finally, get to come out of quiet mode for all the amazing projects out there”

Shiba Inu Team Actively Engages With Shibarium Progress

Lucie, the Shiba Inu content specialist, promptly shared a screenshot of Kusama’s statement on the X platform with the wider Shiba Inu community. She reinforced that the Shiba Inu development team closely follows and appreciates the progress made by projects on the Shibarium blockchain, dispelling any misconception that they turn a blind eye.

According to data from Defillama, the leading DeFi total value locked (TVL) aggregator, Shibarium boasts no less than 11 decentralized exchanges and two Farm protocols. This represents a remarkable surge, with the number of DEXs increasing by 50% in under two months since the Shibarium relaunch.

The impressive lineup of DEXs includes MARSWAP, ChewySwap, DogSwap, PunkSwap, WoofSwap, Shibex, Ball Exchange, LeetSwap, Woof Finance, Dalmatian, ComfySwap, and BoneDex. Complementing these, ChocoInu and ShibFi are the two distinguished Shibarium Farm protocols. Together, these projects command a formidable TVL of $693,401.

While Kusama celebrated the achievements of Shibarium builders, a member of the SHIB Army raised concerns about the declining volume of SHIB burn. Kusama clarified that Shibarium alone cannot facilitate the burning of Shiba Inu tokens. Instead, increased utilization of Shibarium leads to enhanced utility, resulting in more SHIB burns. The Shiba Inu community now eagerly anticipates further strides in the Shibarium ecosystem.

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