The Shiba Inu team leaves no stone unturned to keep the SHIB community bustling. The platform is brewing new updates that may help SHIB trend and help claim its coveted $0.01 price mark. According to Lucie, SHIB’s marketing lead, the SHIB ecosystem is all set to launch a SHIB DAO, enabling a holistic voting system for its community to explore and interact with.
The Ecosystem Continues To Expand
DAO Launch
Lucie, Shiba Inu’s marketing lead, took to X to share many new details. The SHIB ecosystem is currently expansive and will soon launch a decentralized autonomous organization (DAO). Per Lucie, the launch of DAO will “empower the SHIB community” and help them embark on a new journey that entails having access to voting rights in the SHIB ecosystem.
“DAO Launch: SHIB is launching a decentralized autonomous organization (DAO) to empower holders with voting rights, boosting utility and community engagement. For now, temporary… test.”
Launch of ShibDev
Additionally, Lucie shared that the ecosystem is also preparing to launch ShibDev. Dubbed a basket of tools that includes API management and node access, ShibDev will assist developers in making key progress on Shibarium.
“Launch #ShibDev: ShibDev offers a full range of tools, including API management, node access, on-chain data, and a faucet—ideal for developers at any level.”
Community Sentiment
The SHIB ecosystem is thriving with new developments, which may help its price rise to new heights. Also, according to Lucie, the community sentiment towards the launch of SHIB DAO is positive, which, in the long haul, may turn the tables around for the better.
“Market Sentiment: The community is excited about the DAO launch, viewing it as a step toward decentralization and recovery.”
Shiba Inu Price Analysis
Moreover, with such stellar developments, the community is now hoping for SHIB to show some remarkable price action. With Kraken listing SHIB as collateral for futures trading, the token is currently trending in all possible Web3 fronts.
According to CoinCodex, SHIB may end the year on a bullish note, hitting the ambitious $0.00002468 price mark one year from now.
Also, for SHIB to claim the $0.1, it must spike 75,725.43% to hit the coveted price mark.
“Shiba Inu would need to gain 75,725.43% to reach $0.01. According to our Shiba Inu prediction algorithm, the price of Shiba Inu will not reach $0.01. The highest expected price our algorithm estimates is $0.001179 by Jan 1, 204.”
