Shytoshi Kusama Unveils Shiboshi Debut, What’s Next?

In a recent gust of noteworthy breakthroughs, Shiba Inu, a prominent meme coin functioning atop the Ethereum blockchain, advanced further with its cryptographic venture today, revealing plans to introduce Sheboshi NFTs shortly ahead. The imminent NFT collection, Sheboshi, aims to jack up the prevailing Shiboshi NFTs previously launched by Shiba Inu.

Meanwhile, Shiba Inu’s price witnessed a substantial jump amid the abovementioned announcement’s emergence within the market, aligning with the optimism fuelled by the pump in the SHIB burn rate today. Market data offered by CoinMarketCap showcased SHIB’s price to be trading in the green as of press time, captivating crypto traders’ and investors’ interests in the upcoming NFT launch.

Shytoshi Kusama Spotlights Sheboshi NFTs

Shytoshi Kusama, Shiba Inu’s lead developer, highlighted the imminent debut of Sheboshi NFTs today, February 13. This appears to have marked a tempest of strides for the Shiba Inu ecosystem, aiding its tokenomics further.

According to Kusama’s statement, the project is coming soon, hinting toward an imminent launch this month. Concerning this, Kusama shared another statement in the interim, garnering attention to a potential launch on Valentine’s Day, February 14. Meanwhile, the lead developer also hinted toward Sheboshi’s couple-like positioning next to Shiboshi, aiming to revolutionize the NFTs’ venture.

The meme coin’s community revealed plans to bring a revolutionary advancement for Shiboshi the previous year, spotlighting an idea introduced by Bad Idea AI. Following this, the Shiba crypto community recently conveyed immense optimism about the upcoming launch of Sheboshi, propelling optimism for Shiba Inu’s ecosystem.

In addition, the daily transactions on Shibarium also scaled new heights once again, as data on the L2 blockchain showcased nearly $2 million transactions as of writing.

Also Read: Kraken Eyes To Enter Crypto ETF Custody Race Amid Spot Ethereum ETF Anticipation

Shiba Inu Price Soars

The Shiba Inu price recorded a 3.43% upswing over the past 24 hours and is currently trading at $0.00009592 per press time. Further, the token’s weekly chart showcases a 7.93% upswing.

This surge witnessed in recent days seems to come as a result of staggering advancements witnessed throughout the SHIB ecosystem, as mentioned above. Meanwhile, the coin’s upward momentum to $0.00001 seems imminent, reflecting the Shiba crypto community’s recent developments and continuous burning of tokens.

Also Read: Peter Thiel-backed Founders Fund Invests A Massive $200 Million In Bitcoin and Ethereum

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

ADVERTISEMENT