The #Shibainu Ecosystem is gearing up to launch several projects, including #Shibarium, #ShibaSwap 2.0, #ShibaNet, Treat Token, and SHI Stablecoin.

Read more on: https://thecryptobasic.com/2023/08/05/heres-a-list-of-upcoming-releases-in-the-shiba-inu-ecosystem/

#crypto2023

Shiba Inu (SHIB), the meme coin that has captured the hearts of millions of dog lovers around the world, is getting even better in 2023. Here are some of the latest developments in the SHIB ecosystem that are sure to make you wag your tail:

* **Shibarium:** Shibarium is a layer-2 solution for SHIB that is being developed by the Shiba Inu team. Shibarium is expected to make SHIB transactions faster, cheaper, and more energy-efficient. This will make SHIB a more attractive option for use as a payment currency and will also make it easier for people to use SHIB to buy goods and services.

* **SHIB Metaverse:** The Shiba Inu Metaverse is a virtual world that is being developed by the Shiba Inu team. The metaverse will feature SHIB-themed lands, games, and experiences. This will give SHIB holders a place to hang out with their fellow dog lovers and to explore a new digital world.

* **ShibaSwap:** ShibaSwap is a decentralized exchange (DEX) that is built on the Ethereum blockchain. ShibaSwap allows users to swap SHIB for other cryptocurrencies, provide liquidity to the SHIB ecosystem, and stake SHIB for rewards. This gives SHIB holders more options for how to use their tokens and helps to grow the SHIB ecosystem.

* **SHIB burn:** The Shiba Inu team has been conducting regular SHIB burns, which removes SHIB tokens from circulation. This reduces the total supply of SHIB, which can potentially increase the price of the token. The team has burned over 410 trillion SHIB so far, and they have plans to burn even more in the future.

These are just a few of the latest developments in the SHIB ecosystem. The Shiba Inu team is constantly working on new projects and initiatives, so it will be interesting to see what the future holds for this popular meme coin.

But one thing is for sure: the goodest of boys is only getting better. So if you're a fan of SHIB, you'll want to keep an eye on these developments and see how they can help to make SHIB the most popular meme coin in the world.

**P.S.** If you're looking for a fun way to get involved in the SHIB community, be sure to check out the SHIB subreddit and the SHIB Twitter account. These are great places to learn more about SHIB and to connect with other SHIB holders.

$SHIB

#ShibaSwap

#SHIB

#ShibaInu

#Shibarium

The Shiba Inu team has almost completed the minting of Bone ShibaSwap (BONE), an integral step towards renouncing the token’s contract. 
Read more on: https://thecryptobasic.com/2023/09/25/shiba-inu-latest-update-on-bone-renouncing-minting-bone-almost-complete/
#SHIB #Shibainu #BONE #ShibaSwap #crypto

At present, the price of #Shibarium gas token, $BONE, is approximately $0.80. In order to get to $100, #BONE would have to grow by 12,400%.In the short term, it is thought to be extremely unlikely that BONE will reach $100, even though it is not impossible in the long run. A prediction states that BONE #ShibaSwap would require a gain of 13,761.31% in order to reach $100.But according to the majority of sources, BONE is not likely to hit $100 in the upcoming ten years.To put things in perspective, assuming a fixed supply of 230 million #cryptocurrency coins, BONE's market cap would need to reach $23 billion in order to reach $100.This would place BONE above well-known projects like Polkadot, Solana, and Dogecoin and place it among the top 10 #Cryptocurrencies by market capitalization. In addition, BONE would have to overcome a number of obstacles and dangers, including rivalry from other DEXs and governance tokens, unpredictability in the regulatory landscape, network congestion, security lapses, and market volatility.In conclusion, BONE may eventually reach$100, but it is extremely unlikely that it will do so in the upcoming ten years.

#BinanceTournament is yielding more #BONE rewards than Shiba Swap.

Bone Shibaswap (BONE) rewards are “at present” more favorable on Shiba Inu’s newly launched layer-2 network Shibarium than on the more popular Shibaswap DEX built on the Ethereum network. Shibarium Ecosystem team member Lucie confirmed the development and provided suggestions for SHIB and LEASH holders considering whether to bridge assets to Shibarium.

Read more on: https://thecryptobasic.com/2023/08/31/shiba-inu-team-says-bone-rewards-are-more-favorable-on-shibarium-compared-to-shibaswap/

#Shibainu #ShibaSwap #crypto

The prospect of Bone #ShibaSwap (BONE) being listed on Binance has the $BONE community agog. Due to BONE's inclusion in Binance's #DeFi area, there have been rumours that the company may soon list on the platform.The community's increasing excitement about a possible #Binance listing has been linked to BONE's significant contribution to the ShibaSwap platform and Shibarium’s impending mainnet launch.Despite the fact that Binance has not formally declared or validated the listing of BONE, the following developments have encouraged community members:BONE's price increased amid a period of cryptocurrency market sell pressure; this is ascribed to the community's increasing excitement around a possible Binance listing.Binance enabled price tracking for BONE, demonstrating their involvement in the Shiba Inu ecosystem.Excitement around BONE's possible listing on Binance has increased after a recent #cryptonews regarding contract repudiation.Given that Binance is the biggest cryptocurrency exchange in terms of trading volume, listing #BONE there might greatly increase the token's market share and volume of trade.

#Shibainu and Bone #ShibaSwap have seen enormous price increases in the previous seven days as the Shibarium debut approaches

The market indicators and on-chain analytics provided by #SHIB highlighted what was working in its advantage.

#Shibarium 's enthusiasm was partly to blame for things going bullish.

Shiba Inu [SHIB] has decoupled from the cryptocurrency market, with both its daily and weekly charts turning green. Unlike other cryptocurrencies, SHIB managed to increase in value during a bad market. The next ETH Toronto event, which will feature information about its much-hyped Shibarium, might be a trigger for this expansion.

Although the majority of the cryptocurrency market remained under the bears' control, Shiba Inu dissociated. According to CoinMarketCap, the price of SHIB has increased by more than 5% and 10% in the previous 24 hours and week, respectively.

It was trading at $0.000008651 at the time of writing, with a market value of nearly $5.1 billion, making it the 14th biggest cryptocurrency.

Together with the price, SHIB's 24-hour trading volume increased by 34%, which was positive. A peek at SHIB's daily chart revealed more about what fueled this increase.

A few days ago, the Exponential Moving Average (EMA) Ribbon showed a #bullish crossing. Moreover, Shiba Inu's Relative Strength Index (RSI) increased.

SHIB's Chaikin Money Flow (CMF) also increased and surpassed the neutral level.

Surprisingly, whale activity surrounding SHIB surged as well, as seen by a jump in its whale transaction count. Moreover, statistics from Whalestats indicated that the memecoin was the most traded token among the top 100 Ethereum whales in the previous 24 hours.

The memecoin's MVRV Ratio grew as a result of the price rise. Nonetheless, given SHIB's great popularity, a drop in social volume was unexpected. For the previous several days, the measure has dropped.

As a result, there is a chance that SHIB's price movement may become negative in the coming days.

As SHIB experienced price increases, BONE ShibaSwap [BONE] also experienced price increases. In the weekly chart, BONE beat SHIB. According to CoinMarketCap statistics, BONE has increased by more than 23% in the previous week. It was worth $1.65 at the time of publication, with a market valuation of more than $379 million.

The Shibarium craze

Whilst SHIB's recent advance might be ascribed to favorable market indications and analytics, the approaching event should also be given appropriate credit. The Ethereum Toronto event will take place on the 15th and 16th of August, with important announcements for Shibarium anticipated.

As the event date approaches, Shiba Inu's marketing staff is working hard to generate anticipation. LUCIE recently tweeted about Shibarium's goal and how the blockchain intends to include Self-Sovereign Identity (SSI) into its protocols.

According to the tweet, the incorporation of SSI is intended to improve Shibarium security. SSI gives users greater control over their digital identities by allowing them to securely manage and share their personal data.

As the enthusiasm grows, it will be fascinating to observe how SHIB and other tokens in the ecosystem respond in the next days.