Altcoins

Shibarium Executive Reflects On Shibaswap 2.0, Shibahub & More

Shiba Inu’s marketing strategist Lucie recently took to X (formerly Twitter) to reflect on multiple upcoming developments including the $TREAT token. The Shibarium executive told her followers that upgrades were steps in the project’s development journey and were not motivated by price pumping or attempts to support the price of Shiba Inu.

According to Lucie, Bone Contract Renouncing, Shibaswap 2.0, TREAT, Shibahub, and Metaverse will be significant for Shiba Inu’s progress. However, the executive added that the developments wouldn’t happen overnight and require support from the Shiba community. “It takes time, and if we don’t come together and spread positive vibes, progress will be slow,” she stated.

Speaking on the community’s expectations of Shiba Inu’s price witnessing a significant hike (reaching the moon), Lucie stated that the upcoming developments were not a promise of a wild moon. According to the Shibarium executive, the developments are about technology rather than the crypto trading market.

Lucie acknowledged the excitement and impatience among the Shiba Inu community for the new developments and their anticipated impact on the meme token’s price. She assured the community that the Shiba development team was working on the developments and that the upgrades would be worth the wait. “Developing with confidence and a positive community will attract more investors,” the executive added.

Data from CoinMarketCap shows that Shiba Inu (SHIB) has lost more than 30% of its value over the past four weeks. At the time of writing, SHIB was trading at $0.00000727 with a year-to-date (YTD) decline of over 43%. The meme token’s current market capitalization stands at $4.2 billion, with a daily trading volume of $115 million.

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