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HomeCrypto NewsMarket'No Promise of Price Moon' For These 5 Incoming Shiba Inu Projects, Team Says

‘No Promise of Price Moon’ For These 5 Incoming Shiba Inu Projects, Team Says


A Shiba Inu representative updated the community on upcoming developments, noting that they are not meant for price pumps.

In a recent tweet, Lucie, the Shiba Inu content marketer, provided an update on the upcoming developments within the Shiba Inu ecosystem.

Lucie highlighted the key initiatives that the community should be looking forward to with an open mind to market prices. 

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Bone Contract Renunciation

The first on the list was related to the proposed BONE contract renouncing. Lucie stressed that this particular initiative is market-focused as it is poised to have a significant market impact.

For context, the contract renouncing refers to giving up ownership of the BONE token contract. It implies that the issuer of BONE will lose its authority over it as BONE transforms into a trustless and fully transparent entity.

Moreover, the issuer will lose the ability to create additional BONE tokens.

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Some people have argued that the most prominent crypto exchanges, like Binance, have not listed BONE because its contract is yet to be renounced. Notably, BONE trades on some of the top-rated centralized exchanges.

Shibaswap 2.0 and Others

Furthermore, Lucie highlighted Shibaswap 2.0 among the significant milestones for the Shiba Inu community on the horizon.

ShibaSwap 2.0 is the forthcoming iteration of Shiba Inu’s decentralized exchange. New features and improvements expected on it include support for more tokens and lower fees.

Other Shiba Inu-theme products Lucie mentioned included the TREAT token, Shibahub, and the Metaverse. Regarding their expected launch timelines, Lucie remarked, “When it’s ready.” 

Additionally, Lucie acknowledged that progress takes time. She encouraged the community to maintain a positive and collaborative spirit. She cautioned that progress could be slow without unity and spreading positive vibes.

No Promise of Moon

Moreover, Lucie drew parallels with the Shibarium project, noting that the lineups are steps into building the Shiba Inu ecosystem. She stressed that unveiling the incoming projects is not intended to pump prices.

In her words:

“Are we promising wild moon? No! We’re talking about technology that’s separate from the market.”

Yet, she acknowledged the market’s inherent significance in the broader scope of the development efforts. 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a blockchain writer with a specific interest in journalistic writing. He covers breaking events in the crypto community and blockchain industry. Over the past year, he has published over 1,500 short-form and long-form content for Web3 publishing firms.

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