EddieJayonCrypto

 26 Feb 24

tl;dr

Shiba Inu developers are not resting on their laurels following the successful launch of the Sheboshi NFTs, with plans for the next phase of development. Influencers emphasize a broader strategy beyond profit, focusing on practical utility through projects like Shibarium Layer 2 network and SHIB Ide...

Shiba Inu developers are not resting on their laurels following the successful launch of the Sheboshi NFTs, with plans for the next phase of development. Influencers emphasize a broader strategy beyond profit, focusing on practical utility through projects like Shibarium Layer 2 network and SHIB Identity blockchain initiative. The recent spike in transaction volume on the Shibarium network and increase in SHIB's burning activity indicate growing interest and engagement within the crypto market. The network also reached a $1 million milestone in locked assets, with MARSWAP accounting for 54.02% of TVL. Despite this surge, the TVL remains below its all-time high, marking a period of mainstream adoption for the Shibarium network.


Shiba Inu developers are already planning the next phase of development to drive the digital asset forward after the successful launch of the Sheboshi NFTs. The recent launch has captured the attention of enthusiasts and skeptics, who viewed it as yet another attempt by Shiba Inu developers to capitalize on the market. Shiba Inu influencer Lucie highlighted the developers' broader strategy beyond profit and emphasized that these initiatives are part of a broader strategy to advance the ecosystem with innovative technology.

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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