**Shiba Inu to Launch DAO, Empowering Holders**

The Shiba Inu team, creators of the 13th largest cryptocurrency by market cap, are set to launch a Decentralized Autonomous Organization (DAO). Announced by marketing lead Lucie on Aug. 25, this move will allow SHIB holders to vote on future initiatives and influence the project's direction.

Key Points:

- Two councils, the "Charity Council" and the "Culture & Heritage Council," will guide the DAO.

- Tokens like BONE and LEASH will also play roles in governance.

- The DAO aims to expand SHIB's utility and community involvement.

Despite the announcement, SHIB's price remains steady at $0.00001514, up 14% in the last week but still 82.4% below its all-time high.