A naukri.com initiative
Crypto-News-Flash
3d
31
Image Credit: Crypto-News-Flash
Shiba Inu Says Goodbye to Meme Status with Strategic Rollout
- Shiba Inu has moved away from its meme coin origins with the launch of Shib Alpha Layer, signaling a shift towards enhanced functionalities and real utility in the blockchain space.
- The new Shib Alpha Layer aims to simplify blockchain use by allowing users to interact with multiple RollApps on a single platform, offering features like flexible gas payments and encrypted smart contracts.
- Developed in collaboration with ElderLabs, Shib Alpha Layer provides a foundation for serious blockchain projects and marks a significant step in Shiba Inu's evolution.
- Lead developer Kaal Dhairya emphasized the team's focus on building, achieving speedy development without traditional venture capital backing.
- Key features of Shib Alpha Layer include flexible gas payment options, encrypted smart contracts using ZAMA's FHE, and ShibOS for modular system development.
- Shiba Inu also launched ShibDAO for community-driven governance, further solidifying its commitment to transparency and decentralized decision-making.
- Lead developer Dhairya declared the end of the meme era for Shiba Inu, marking the transition to the Shib Alpha Layer era focused on real technology and developments.
- Developer Shytoshi Kusama highlighted the significance of the new rollout and the ongoing Web3 game project, emphasizing the community's attention to the strategic shift.
- Despite the recent upgrades and announcements, Shiba Inu's price remained relatively stable, trading at $0.00001171 with a 7.37% decrease in the past 24 hours.
- Speculation from crypto analyst Javon Marks suggests the potential for a significant price breakout of up to 503% for Shiba Inu in the future.
Read Full Article
1 Like
For uninterrupted reading, download the app