{"id":96749,"date":"2024-10-17T10:11:22","date_gmt":"2024-10-17T14:11:22","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=96749"},"modified":"2024-10-17T10:12:29","modified_gmt":"2024-10-17T14:12:29","slug":"shib-exec-confirms-shift-ahead-for-shiba-inu","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/shib-exec-confirms-shift-ahead-for-shiba-inu\/","title":{"rendered":"SHIB Exec Confirms Major Shift Ahead for Shiba Inu Coin Ecosystem"},"content":{"rendered":"\n

Shiba Inu Coin's team announces that the ecosystem<\/a> is preparing for the introduction of a DAO and Foundation,\u00a0boosting\u00a0SHIB prices.<\/p>\n\n\n\n

\"SHIB<\/figure>\n\n\n\n

Shiba Inu coin has once again attracted attention from crypto enthusiasts as the SHIB team confirms a significant shift ahead. <\/p>\n\n\n\n

On Thursday, the marketing lead revealed that the launch of the Shib Doggy DAO and Foundation is fast approaching.<\/p>\n\n\n\n

Meanwhile, SHIB\u2019s price experienced a slight decline, although broader trends suggested a potential rally, sparking speculation among investors about the upcoming ecosystem developments.<\/p>\n\n\n\n

Shiba Inu Coin Prepares for Shib DAO Foundation Launch<\/h2>\n\n\n\n

In an X post on October 17, Lucie, the marketing lead of the Shiba Inu project, announced, \u201cShib\u2019s DAO and Foundation are coming soon.\u201d <\/p>\n\n\n\n

The forthcoming \u201cShib Doggy DAO Foundation\u201d marks the “next chapter for Shib State,” setting the stage for a decentralized and autonomous future.<\/p>\n\n\n\n

The upcoming DAO will act as a governance system where holders of SHIB, BONE, LEASH, and TREAT tokens can influence major decisions. <\/p>\n\n\n\n

This will allow the community to vote on matters ranging from technology advancements to community-driven projects.<\/p>\n\n\n\n

\n

\u201cThe Shib Doggy DAO Foundation will legally wrap around the DAO, ensuring that the decisions made by the community are properly executed,\u201d Lucie explained.<\/p>\n<\/blockquote>\n\n\n\n

The governance system will be divided into four main areas based on the ecosystem's tokens. <\/p>\n\n\n\n

According to Lucie, SHIB will govern the community, BONE will drive technology, LEASH will offer protection and exclusivity, and TREAT will focus on community projects.<\/p>\n\n\n\n

The announcement garnered significant attention, highlighting transformative developments for the Shiba Inu ecosystem on the horizon.<\/p>\n\n\n\n

SHIB Price Performance Today<\/h2>\n\n\n\n

Despite the positive news, SHIB's price\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> fell by 5% today, trading at $0.00001781. Its intraday low and high were $0.00001786 and $0.00001899, respectively. However, the broader charts indicated a potential price rally.<\/p>\n\n\n\n

The weekly chart showed gains of 4%, and the token posted nearly 35% gains for the month, sparking optimism among investors. <\/p>\n\n\n\n

This price surge, combined with the upcoming developments in the Shiba Inu ecosystem, attracted significant attention to the cryptocurrency.<\/p>\n\n\n\n

Additionally, it\u2019s worth noting that the recent price gains coincide with a surge in SHIB's burn rate, as nearly 300 million coins were burned, reducing supply and strengthening the token\u2019s market position.<\/p>\n\n\n\n

Lead developer Shytoshi Kusama<\/a> also hinted at a “game-changing partnership” for SHIB, further fueling market optimism. <\/p>\n\n\n\n

Despite today\u2019s decline, the overall outlook for Shiba Inu remains positive, with promising long-term prospects.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Shiba Inu Coin’s team announces that the ecosystem is preparing for the introduction of a DAO and Foundation,\u00a0boosting\u00a0SHIB prices. Shiba Inu coin has once again attracted attention from crypto enthusiasts as the SHIB team confirms a significant shift ahead. On Thursday, the marketing lead revealed that the launch of the Shib Doggy DAO and Foundation […]<\/p>\n","protected":false},"author":56,"featured_media":96752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[6126,17838],"class_list":["post-96749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-shib-price","tag-shiba-inushib"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/10\/SHIB-Exec-Confirms-Major-Shift-Ahead-for-Shiba-Inu-Coin-Ecosystem.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/96749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=96749"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/96749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/96752"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=96749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=96749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=96749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}