What Shibizens Need To Know?

Shibizens, the Shiba Inu community, is looking forward to the new “groundbreaking project,” which Lucie, a crucial marketing for Shiba Inu, mentioned. In an X post on Monday, Lucie revealed information about the latest major Monday. But the details have not yet been made public, thus creating a lot of speculation among the Shibizens.

Future Project Ideas

Lucie also described a few possibilities for the future project. She mentioned that ideas including the “Shib Marketplace,” “Shibahub,” or the much-awaited TREAT token may be considered. She also noted that the project could be further developed and called it a ‘whole new world’ for Shibizens.

Lucie said the project is still relatively obscure, but people are becoming more interested. Although there are no outlines of what is expected to happen, many individuals expect the project to enhance the Shiba Inu ecosystem greatly.

Ecosystem Expansion

Other products of the SHIB ecosystem include the SHIB Metaverse, the Shib Marketplace, and a layer three blockchain known as Shibarium. These projects and the TREAT token are the main assets of the Shiba Inu ecosystem and its growth.

Another update was introduced to allow for automatic SHIB burns. This process involves converting unused BONE tokens to SHIB tokens and then putting the SHIB tokens into unspendable wallets, reducing the number of SHIB tokens in use.

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DeFi Concerns Raised

Lucie also had some concerns regarding centralized exchanges and paid most attention to the term decentralized finance, or DeFi. She noted that in the BingX exchange case, 3.8 billion KNINE tokens connected to SHIB partners were stolen and urged users to be cautious.

Lucie said Shibizens are seeking out DeFi and encouraged them to keep their tokens in a safer wallet, including hardware wallets. This follows another incident in which the exchange WazirX was hacked and billions of SHIB tokens were stolen.

The Shiba community looks forward to more information about the mysterious project that continues to create buzz. The community hopes that this new venture will greatly transform the future of the SHIB ecosystem.