Shiba Inu has kicked off a formal, multi-stage voting process to select the project’s first interim “network president” and seat councils for each DAO, a governance overhaul framed by the team as “the true birth of a network state.” In an August 4 post titled ELECTIONS, the project’s lead figure Shytoshi Kusama wrote that “a…
In the face of growing market uncertainty, a Shiba Inu developer, Kaal Dhairya, has spoken out on X about the project’s internal problem and the team’s top priorities. As SHIB begins August with a market dip, slipping further down the crypto rankings, and facing growing competition, Dhairya is drawing attention to the internal struggles holding…
Shiba Inu’s Open Interest (OI) has crashed from its July peak, sparking a bearish sentiment for the foremost meme coin. This development has coincided with the recent crypto market crash, as investors choose to wait on the sidelines amid market uncertainty. Shiba Inu’s Open Interest Crashes To $190 Million Coinglass data shows that Shiba Inu’s…
The Shiba Inu meme coin has been among some of the best performers after rising over 25% in the month of July so far. This seems to have set it on a course for higher prices as it moves to possibly retest yearly highs. However, not everyone is completely bullish and convinced about the potential…
The Shiba Inu team has announced new developer updates aimed at enhancing the Shibarium ecosystem. This comes as the Ethereum Layer 2 network continues to record a considerable amount of activity, providing a bullish outlook for SHIB. Shiba Inu Team Updates Developer Hub To Boost Ecosystem In an X post, the Shiba Inu community platform…
The Shiba Inu price looks to be on the verge of another breakout as the meme coin market remains one of the most profitable in recent times. Top player and leader Dogecoin is already on a course to $0.3, and this has set the likes of SHIB on an equally bullish path. Not only this,…
Crypto analyst Maddox has provided a bullish outlook for Shiba Inu, predicting an explosive rally. His prediction comes as SHIB surpasses Litecoin to climb into the 18th spot on the list of largest cryptocurrencies by market capitalization. Shiba Inu Eyes Explosive 126% Rally In a TradingView post, Maddox predicted that Shiba Inu could record a…