Shiba Inu is gearing up for its next phase of growth with the launch of the Sheboshi NFT collection.
The developers of Shiba Inu (SHIB) do not stop there and are already planning the next stage of ecosystem development.
The recent launch of Sheboshi attracted the attention of not only crypto enthusiasts, but also skeptics, who regarded it as an attempt by developers to profit from community members.
Shiba Inu is waiting for a number of updates
Influencer Shiba Inu Lucie shed some light on the matter, highlighting that the developers had more serious intentions than just making a profit. She said the latest initiatives were part of a broader strategy to develop the ecosystem.
“This is not a pump scheme! We have big plans ahead, including the Shiba Eternity P2E line. We know traders are jumping on the hot new DN404, but for us true Shiboshi holders, price doesn't matter."
In recent months, the Shiba Inu team has been working hard to take the project beyond memcoins, focusing on practical benefits. As part of this endeavor, various projects have emerged, such as the Shibarium network and the blockchain identity initiative SHIB Identity.
The buzz around Sheboshi coincided with a noticeable increase in transaction volume on the Shibarium network. ShibariumScan data showed a surge of up to 3.95 million transactions, indicating growing user interest and engagement. The SHIB burn rate has skyrocketed 166% in the past week.
At the same time, TVL Shibarium crossed the important milestone of $1 million, with more than half of the blocked funds coming from the MARSWAP decentralized exchange. However, the figure is still well below the all-time high of $1.47 million recorded in August 2023.
