SHIB Devs working on Shiba Inu Ecosystem update behind the scenes?

Shiba Inu News – In a market that is primarily facing uncertainty around the liquidity of crypto companies’ funds, developers are still making progress in the background. Although the FTX crash has tarnished the crypto market’s credibility, it is not stopping technology progress. According to reports, Musk’s support for crypto projects is a key factor in web 3.0’s adoption. Musk is known to be fond of the popular memecoin Dogecoin, (DOGE).
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Musk’s social validation for DOGE has a huge impact on memecoin perceptions. The Shiba Inu developers (SHIB), are likely to be involved in a massive network upgrade that is perhaps even more important than Shibarium which is the layer 2 blockchain scaling solution for SHIB.
Shiba Inu developer “Shib Trophias” shared a recent update about the completion of design for version 1. He did not name the project. The developer also stated that the project would be launched in phases to facilitate the content flow. Although it was initially thought that the tweet was about the Shibarium project he actually hinted at an update to the SHIB ecosystem. His tweet read,
“-V1 Design completed – Finalizing content is ongoing – Launch will take place in phases to aid with content flow
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It turned out that the developer was referring to the entire ecosystem. This is after a recent poll revealed that the majority of SHIB members support the Shibarium upgrade.
Also read: Will Bitcoin’s (BTC-) Price Reach $100K in 2024? Data suggests so


In a forthcoming fireside chat, the Shiba Inu Metaverse team will also reveal some surprising news. The chat will be focused on a yearly roundup. The SHIB price has remained relatively flat, with some sideways movements in recent times. According to CoinMarketCap, the SHIB price is $0.000009183 at the time of writing. This is an increase of 1.06% over the past 24 hours.

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