The Shiba Inu ecosystem has reached an impressive milestone, signifying the commencement of a transformative phase. The launch of Shibarium’s mainnet, the introduction of the reward token TREAT, and the unveiling of the comprehensive World Paper are all part of this new chapter, as announced by the Shiba Inu team.
The highly anticipated summer of Shibarium has officially commenced, marking a pivotal shift for the Shiba Inu community. This era introduces significant developments, including the launch of the Shibarium mainnet and the integration of TREAT, designed to enhance the ecosystem’s reward mechanism. Additionally, the upcoming release of the World Paper promises to delve into the intricate elements of the Shiba Inu ecosystem and its journey towards complete and permanent decentralization.
Excitement continues to build in the lead-up to the Blockchain Futurist Conference, scheduled for August 15 and 16. During this event, Shiba Inu enthusiasts can anticipate major announcements and exclusive showcases that showcase the ecosystem’s potential.
Number of Shiba Inu wallets hit milestone
The momentum surrounding Shiba Inu’s ecosystem is reflected in the steady rise of Shiba Inu addresses. According to IntoTheBlock data, the total number of Shiba Inu addresses has achieved a remarkable milestone, reaching an all-time high of 3.53 million. Notably, a substantial 69% of Shiba Inu holders have maintained their positions for over a year, underscoring the strong commitment of long-term supporters. Meanwhile, 27% have held their holdings within a year, while 4% have joined the community within the past month.
In the realm of price dynamics, Shiba Inu’s value has demonstrated notable movement once again, positioning itself as the second highest gainer among the top 100 cryptocurrencies in the last seven days. As of the time of writing, SHIB is trading at $0.000009505.
Earlier this week, Shiba Inu’s lead figure, Shytoshi Kusama, unveiled additional details about Self-Sovereign Identity (SSI). This groundbreaking concept ushers in a new digital era for Shiba Inu and beyond, promising a continuation of innovative developments that are reshaping the landscape of blockchain and cryptocurrencies.