{"id":16373,"date":"2024-10-29T13:51:55","date_gmt":"2024-10-29T13:51:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=16373"},"modified":"2024-10-29T13:51:55","modified_gmt":"2024-10-29T13:51:55","slug":"huge-shiba-inu-shib-upgrade-imminent-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=16373","title":{"rendered":"Huge Shiba Inu (SHIB) Upgrade Imminent: Details"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Shibarium is set for a new upgrade promising exclusive events, rewards, and enhanced utility for future expansion.
\nSHIB rallied 9.5% daily as meme coins gain momentum, with other top performers including DOGE, WIF, and PEPE.<\/p>\n

<\/a><\/span><\/h2>\n

\u2018Big Things on the Way\u2019<\/h2>\n

Shiba Inu\u2019s layer-2 blockchain solution<\/span> \u2013 <\/span>Shibarium <\/span>\u2013 saw the light of day<\/span> last summer with the main purpose of fostering the ecosystem\u2019s development. Since then, it has completed multiple achievements and <\/span>underwent<\/span> numerous upgrades.<\/span><\/p>\n

Most recently, LUCIE (Shibarium\u2019s Marketing Strategist) <\/span>revealed<\/span><\/a> that another advancement is <\/span>on the way<\/span>. It aims to bring new opportunities for users, such as exclusive events and rewards. The upgrade will also enhance the utility of the L2 network and allow for future expansion.<\/span><\/p>\n

\u201cShiboshis will play a part in future expansions across the Shib ecosystem, opening doors for unique interactions and potential benefits,\u201d the announcement reads.\u00a0<\/span><\/p>\n

The previous upgrades <\/span>unveiled<\/span><\/a> earlier this year include a new user interface (UI) update that enables compatibility with popular self-custody wallets and a hard fork that empowers the community of developers and innovators.<\/span><\/p>\n

Last but not least, Shibarium\u00a0<\/span>embraced<\/span><\/a> a designated \u201cBurn Portal.\u201d The primary goal is to decrease the circulating supply of Shiba Inu (SHIB) by transferring a portion of tokens to a null address, making it more scarce (and possibly more valuable if demand remains steady or increases).<\/span><\/p>\n

SHIB Price Outlook<\/span><\/h2>\n

Shibarium\u2019s development is sometimes closely related to the price performance of the meme coin. SHIB experienced a 9.5% rally in the last 24 hours, while its market capitalization surpassed $11 billion once again.<\/span><\/p>\n

<\/a>SHIB Price, Source: CoinGecko<\/p>\n

The revival aligns with the overall bullish environment in the sector, with Bitcoin (BTC) crossing<\/a> $71,000 for the first time since June. <\/span><\/p>\n

The meme coin niche took center stage, too. Dogecoin (DOGE)<\/a> is up 16% <\/span>for the day<\/span>, while Popcat (POPCAT) hit a new all-time high of $1.75. Other notable gainers include <\/span>dogwifhat<\/span> (WIF), Pepe (PEPE), Floki Inu (FLOKI), Brett (BRETT), and more.\u00a0<\/span><\/p>\n

The post Huge Shiba Inu (SHIB) Upgrade Imminent: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Shibarium is set for a new upgrade promising exclusive events, rewards, and enhanced utility for future expansion. SHIB rallied 9.5% daily as meme coins gain momentum, with other top performers including DOGE, WIF, and PEPE. \u2018Big Things on the Way\u2019 Shiba Inu\u2019s layer-2 blockchain solution \u2013 Shibarium \u2013 saw the light of day last […]<\/p>\n","protected":false},"author":0,"featured_media":16374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16373"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16373"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/16374"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}