Yes, this news is true and quite recent! Shiba Inu (SHIB), launched on August 1, 2020, is turning 6 years old.

To mark this cycle, the developers and leaders of the ecosystem announced that they are directing their efforts toward a phase of technological rebuilding and consolidation of their main projects.

🛠️ What does this "Rebuilding" mean?

Those responsible for the ecosystem (such as the teams behind Shibarium) indicated that the focus has shifted away from short-term hype to build sturdier technological foundations and ensure the ecosystem’s sustainability.

The restructuring covers core pillars:

Shibarium (Layer Two Network): Upgrading the infrastructure to support more dApps, faster transactions, and automatic/efficient SHIB token burns.

Metaverse and Games: Restructuring and progress in developing the game ecosystem of Shiba Eternity and its Metaverse.

Utilities and DeFi: Focus on strengthening the decentralized exchange ShibaSwap and integrating new long-term utilities.

❓ "Will it take off?" — What to consider

Transitioning a project that started strictly as a memecoin into a functional Web3/DeFi platform is an immense challenge.