HomeNewsShiba Inu's Upcoming Projects: No Price Moon Promised, Focus on Ecosystem Growth

Shiba Inu’s Upcoming Projects: No Price Moon Promised, Focus on Ecosystem Growth

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  • Shiba Inu’s upcoming projects prioritize ecosystem growth over price surges.
  • Lucie, Shiba Inu’s content marketer, discussed initiatives including BONE contract renunciation, Shibaswap 2.0, and more.

Shiba Inu’s Commitment to Ecosystem Development

Shiba Inu, a prominent cryptocurrency, recently shared insights into its upcoming projects, highlighting a clear commitment to building a robust ecosystem rather than promising price moonshots. Lucie, the content marketer for Shiba Inu, took to Twitter to provide the community with an update on these developments, urging them to focus on the broader picture beyond market prices.

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BONE Contract Renunciation

One of the significant initiatives discussed by Lucie is the proposed BONE contract renunciation. This move holds a market-focused approach with the potential for significant impact. Contract renunciation essentially involves relinquishing ownership of the BONE token contract, transforming it into a trustless and fully transparent entity. Importantly, it means that the issuer loses control over BONE and the ability to create additional tokens. Some speculations suggest that BONE’s absence from major exchanges like Binance is due to the pending contract renunciation, even though it already trades on other top-rated centralized exchanges.

Shibaswap 2.0 and Beyond

Lucie also shed light on upcoming milestones within the Shiba Inu ecosystem, including Shibaswap 2.0. This revamped version of Shiba Inu’s decentralized exchange promises to bring new features and improvements, such as broader token support and reduced fees. Additionally, Lucie mentioned other Shiba Inu-themed products like the TREAT token, Shibahub, and the Metaverse, hinting at their release timelines with a simple, “When it’s ready.”

The Importance of Patience and Unity

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Recognizing that progress takes time, Lucie encouraged the Shiba Inu community to maintain a positive and collaborative spirit. She emphasized that without unity and positive vibes, progress might be slower. Lucie’s message underscores the significance of a supportive community in the cryptocurrency space.

No Price Moon Promised

Lucie drew parallels between the incoming projects and the Shibarium project, emphasizing that these initiatives aim to strengthen the Shiba Inu ecosystem rather than inflate prices dramatically. In her own words,

“Are we promising wild moon? No! We’re talking about technology that’s separate from the market.”

However, she acknowledged the market’s importance in the broader context of Shiba Inu’s development efforts.

In conclusion, Shiba Inu’s latest updates reveal a commitment to sustainable growth and ecosystem development, rather than the speculative price surges often associated with cryptocurrencies. The community’s patience and support remain vital as Shiba Inu continues to build its presence in the blockchain world.

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