Shiba Inu (SHIB) Could Surge to $0.00001 After This ‘K9’ Partnership🚀🚀🚀🚀
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Shibarium ecosystem developer K9 Finance has announced it will launch a new KNINE utility token on March 7, 2024. The announcement comes as SHIB flirts with the $0.00001 level after a resurge in interest in February.
SHIB could touch $0.00001 after the Shibarium ecosystem announces the launch of the KNINE rewards token.
KNINE Holders Will Crunch on BONE Rewards
The token generation event will occur on March 7, 2024, following KNINE’s integration with CoinGecko and CoinMarketCap yesterday. Holders of newly minted KNINE tokens will be rewarded with BONE earned from validating Shibarium transaction blocks. The k9 Finance Decentralized Autonomous Organization (DAO) announced on Jan. 31 that its KNINE token presale sold out and confirmed the token generation as its next major event.
Following the March 7 event, the K9 Finance team will make the code available for auditing and bug checks before deploying it on the Hesperocyoniae testnet. Developers will follow this with integrations with the Shibarium Bridge and the Shibaswap decentralized exchange before releasing the final version. More details on the partnership between K9 Finance and Shibarium will likely be revealed in a Twitter Spaces gathering on Feb. 21.
K9 Finance is a liquid staking derivatives platform destined for SHIB’s Web3 ecosystem, Shibarium. The platform will allow users to stake their BONE tokens to secure the network and receive the knBONE liquidity token. The upgrade is part of the Shiba Inu community’s move towards a Web3 nation-state, which lead developer Shytoshi Kusama revealed in January.
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