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Shiba Inu Team Plans Significant Update for Shiboshis on Shibarium

Madonna by Madonna
10/28/2024
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The Shiba Inu community is buzzing with anticipation as the team behind the popular meme coin prepares for a significant update concerning Shiboshis, the Ethereum-based NFTs on Shibarium. This strategic upgrade aims to enhance the overall appeal of the digital asset, as outlined by Lucie, the marketing lead for Shiba Inu.

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On October 28, Lucie took to X (formerly Twitter) to announce exciting developments for Shiboshis. She stated, “Big things are on the way for Shiboshis on Shibarium,” igniting optimism among investors and crypto enthusiasts alike. This announcement comes as the Shiba Inu team is set to roll out various features that promise to increase the utility and significance of these NFTs within the broader SHIB ecosystem.

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Among the anticipated enhancements are improved functionalities, exclusive events, and special rewards aimed at making Shiboshis a central element of the SHIB network’s future. Lucie emphasized the team’s commitment to reducing gas fees and improving the bridging process, noting that “Shiboshi holders are sharing their best tips on how to bridge for as little as $2.”

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Despite a slight dip in SHIB’s price today, trading at $0.00001687—down approximately 1% in the past 24 hours—investor sentiment remains optimistic. The coin experienced intraday fluctuations between $0.00001683 and $0.00001732, reflecting the overall trend within the meme coin sector.

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However, the Shiba Inu community remains bullish about the coin’s long-term potential, driven by developments such as the upcoming Shiboshis update and a significant increase in the SHIB burn rate, which has effectively reduced supply. Additionally, growing activity on Shibarium is fostering positive sentiment about SHIB’s future price trajectory.

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Madonna

Madonna

Madonna, the esteemed author of our blockchain website, is a recognized authority in the field. With a wealth of experience and expertise, she brings a profound understanding of blockchain technology. Her professional insights and commitment to excellence make her a trusted source for navigating the complexities of the blockchain industry.

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