- The Shiba Inu ecosystem is gearing up for new advancements this week.
- With the TREAT launch, the SHIB ecosystem has transformed in massive ways.
Shytoshi Kusama, lead developer of the Shiba Inu (SHIB) memecoin, recently hinted at ecosystem updates set for the new week. The lead developer’s announcement has raised curiosity and excitement within the SHIB community.
Shytoshi Kusama’s Big Reveal
In his latest X post, Kusama stated, “Yes… that’s it! Are you ready for memes with REAL utility yet? No? Okay, let’s give it a few more days, then WE will show you how it’s done.”
Kusama hinted at future developments for the broader ecosystem and its tokens, SHIB, BONE, LEASH, and TREAT. Replying to an earlier comment about the ecosystem tokens, Kusama noted, “We have a big week(s) ahead. Rest up.”
We have a big week(s) ahead. Rest up. https://t.co/Z8IKqFJssu
— Shytoshi Kusama
(@ShytoshiKusama) January 19, 2025
This comment suggests the broader SHIB ecosystem is gearing up for massive upgrades, among other events lined up
As outlined in our recent blog post, the TREAT token launched this month has added fresh utility to the ecosystem. TREAT was trading at $0.006342, up 21.9% in the last 24 hours, with trading volumes hitting $17.39 million.
Other posts have further indicated that Shiba Inu’s tokenomics could grow notably. As of this writing, SHIB price was trading at $0.00002138, demonstrating a 1.17% surge in the last 24 hours. The memecoin recorded a 24-hour low and high of $0.00001977 and $0.00002203, respectively.
[mcrypto id=”435420″]
The price analysis indicated that bulls struggle to hold the $0.000021 support level. However, SHIB community members are optimistic about a positive momentum as they await broader ecosystem advancements.
Meanwhile, BONE’s price increased 0.52% intraday at $0.3886. Also, the price of LEASH jumped over 3% on the daily chart to trade at $241.86. The 24-hour trading volume increased by 84% to $5.77 million. Overall, the Shiba Inu ecosystem tokens could increase further after impending advancements.
Kusama Looking at Large-scale Blockchain Solutions?
In another X post, Kusama hinted at introducing large-scale blockchain solutions into the ecosystem. He emphasized that no proof exists that Solana is better than Ethereum (ETH) or any Layer-2 scaling solutions.
“What this proves is that for city or government level scaling, a new solution must be provided,” says Kusama.
The lead developer said the Shiba Inu team took this gap into perspective when they developed the 36 Chambers of Tech. This stack focuses on over 30 technological pieces, including Shibarium, Artificial Intelligence (AI), Web3 games, and the Metaverse.
Kusama’s comment suggests that the Shiba Inu ecosystem may also undergo a scalability-related upgrade. Given the developer’s remark anticipating a “big week ahead,” market watchers are keen to see what happens next.
It is important to note that Shiba Inu has progressed into a sophisticated technology with functional solutions. As mentioned in CNF’s previous news brief, the TREAT token will power Fully Homomorphic Encryption (FHE) as part of a collaboration with Ogai, a technological outfit that promotes human health.
