Shiba Inu Coin’s lead is a partnership with Mass Build to bring “Shiba Inu Nation’s financial layer” to the SHIB ecosystem.
Shiba Inu Token lead developer Shytoshi Kusama has once again stirred up a frenzy in the global cryptocurrency space by spotlighting game-changing partnerships for the SHIB ecosystem. On Tuesday, the lead developer drew attention to the latest partnership with “Mass Build,” hinting that it will become the new “Shiba State financial layer.” This new financial layer boasts a superior AI-driven solution, further fueling optimism for the token among global cryptocurrency market participants.
Shiba Inu Coin Lead Spotlights Collaboration with "Mass Build"
According to an Oct. 14 post from the meme coin’s official community account, Shibtoken, the new partnership with Mass Build aims to bring “Shiba State’s financial layer of AI-driven legal and fiscal solutions” to the token’s ecosystem. The venture is further supported by online payments company Stripe, which has partnered with Mass.
“Together we’re taking Shib to the next level,” X’s post added, fueling optimism. Meanwhile, users on X speculated whether the aforementioned partnership was the one discussed by the meme coin’s developers during “ETHToronto” earlier this year. Shiba Inu coin lead developer Shytoshi Kusama told X: “Right. This is the partnership mentioned in the keynote.”
Meanwhile, Kaaldhairya, another developer leading the meme coin community, also highlighted the partnership. On October 15, Kaal posted: “Hold on to your reins! Shib is working with Mass to build the ultimate financial layer to our Shib network state!” These statements, in turn, have drawn a lot of attention to the meme coin ecosystem token Doge Killer (LEASH).
Ecosystem tokens witness skyrocketing prices
Meanwhile, the prices of Shiba Inu coin and Doge Killer (LEASH) have risen today, in line with the bullish market trend. At press time, SHIB price is up nearly 3% and is currently trading at $0.00001836. Its intraday low and high prices are $0.00001789 and $0.00001893, respectively. Also, LEASH price is up slightly over 3% and is trading at $289.84, at press time. Its intraday low and high prices are $276.80 and $291.69, respectively.
The price of the dog-themed meme token has also risen in line with a sharp increase in SHIB’s burn rate, as CoinGape Media recently reported. Notably, hundreds of millions of tokens were removed from the supply, sparking a great deal of optimism for the asset.
The latest data from Coinglass shows that Shiba Inu futures OI rose by 18% to $56.52 million today. In addition, derivatives trading volume also surged by nearly 46% to $175.04 million. These data increase investor optimism about the asset, highlighting the increase in market interest.
Meanwhile, in another interesting story, Shiba Coin lead developer warned against believing in fake claims of having a multi-billion dollar wallet. All in all, recent events highlight the meme coin community’s commitment to enhancing user appeal, further fueling market optimism about the future of cryptocurrency.