Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Shiba Inu [SHIB] has seen some hike in its price in the last week of trading, however, the price still needs to go past its previously tested levels of resistance to build on its bullish momentum.

While Zach Humphries, a crypto analyst tweeted recently that SHIB might not be going to $1 anytime soon, ChatGPT has a different perspective about it altogether.

Shibarium’s history

In a recent X (formerly Twitter) update, the Shiba Inu team revealed 2024-2025 plan specifics. Lucie, Shiba Inu’s marketing head, shared facts from a discussion with Shytoshi Kusama, the main developer and co-founder.

Lucie provided insight into the Shiba Inu ecosystem’s future views, ambitions, and development plans.

While specifics of the discussion remain private, Lucie stated

“The goal is to have everything finished by the end of this year.”

This underlines the commitment to complete existing initiatives and introduce new features to the Shiba Inu ecosystem by the end of 2024.

Lucie mentioned ongoing projects, such as the creation and use of Decentralised Apps (dApps) and the beneficial effects of new collaborations on the Shibarium network.

The accomplishment of the ecosystem’s aims is likely to have a significant impact on the tokens BONE, LEASH, and SHIB, particularly SHIB burns.

Not just a meme coin 

A renowned pseudonymous crypto expert Ali recently stated that SHIB was seeing a surge in buying activity.

Notably, there has been a large outflow of over 8 trillion SHIB from recognized crypto exchange wallets since November 2023.

Popular sports personalities like SHIB too, with Filipino boxing legend Manny Pacquiao announcing that his charitable foundation will us

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Author: AMBCrypto Team

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