Data provided by public tracking service Shibburn has revealed that over the past day, the SHIB burn index has crashed by more than 23%, while the entire cryptocurrency market is down in the red zone. Still, there is a big silver lining in this cloud that the SHIB burn metric has entered.
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According to the above-mentioned data source, the daily SHIB burn metric has plummeted by 23.40% by now. Still, a substantial amount of meme coins has been transferred out of circulation and into dead-end blockchain wallets: 13,856,089 SHIB.
Three largest meme coin lumps that were sent to unspendable wallets over the past day constitute 10,741,310; 1,115,384 and 1,159,644 SHIB. Over the past two days, the largest cryptocurrency, Bitcoin, has declined by almost 2%, losing the $107,000 zone and dropping to the $104,850 level. The rest of the crypto market followed BTC, experiencing losses as prices went down sharply. You Might Also Like
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Massive 2.8 trillion SHIB hit Coinbase
Earlier today, prominent crypto tracker Whale Alert spotted a jaw-dropping Shiba Inu transaction, which targeted the institutional branch of the largest cryptocurrency exchange in the U.S. — Coinbase Institutional. A total of 2,869,483,918,550 SHIB were transferred to that trading venue from an anonymous wallet.
Frequently, as additional data shows, such transfers are initiated by exchanges themselves as they reshuffled their crypto holdings. However, this time, Coinbase was just the receiving party, and the sender was indeed an anonymous whale. This amount of SHIB was worth $36,603,136 at the time of the transfer.
Earlier today, prominent crypto tracker Whale Alert spotted a jaw-dropping Shiba Inu transaction, which targeted the institutional branch of the largest cryptocurrency exchange in the U.S. — Coinbase Institutional. A total of 2,869,483,918,550 SHIB were transferred to that trading venue from an anonymous wallet.
Frequently, as additional data shows, such transfers are initiated by exchanges themselves as they reshuffled their crypto holdings. However, this time, Coinbase was just the receiving party, and the sender was indeed an anonymous whale. This amount of SHIB was worth $36,603,136 at the time of the transfer.
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Will Shiba Inu Coin Reach $1? Bitcoin Solaris Offers More Realistic Wealth Path
Let’s talk numbers. Burning through 589 trillion tokens? At the current pace, SHIB holders are looking at a 143,000-year wait to reach the mythical $1 mark. It’s become a meme about a meme. Besides, while some investors still hold hope, others are waking up, realizing that utility, not virality, is what drives real wealth.
That’s why eyes are shifting to Bitcoin Solaris (BTC-S), a new-generation blockchain that isn’t asking for a miracle… because it’s built one instead. And that miracle lives in your pocket.
The Meme That Started It All
Shiba Inu introduced millions to crypto. It proved that a strong community and good branding could move mountains, at least temporarily. But now, with absurd supply, declining burn efficiency, and no hard-coded scarcity mechanism, SHIB’s price targets feel more like a fantasy roleplay than a financial roadmap.
That doesn’t mean it was worthless; it means the space has evolved. And some investors are choosing to evolve with it.
BTC-S: The Chain Designed for the Next Billion Users
Bitcoin Solaris doesn’t just add features—it reinvents the foundation. At its core is a dual-layer blockchain system designed to do what legacy chains can’t:
The Base Layer uses SHA-256 Proof-of-Work, mirroring Bitcoin’s security while supporting classic miners.
The Solaris Layer leverages Delegated Proof-of-Stake with validator rotation every 24 hours, achieving 10,000 TPS and 2-second finality.
More importantly? This layered approach fuels scalable DeFi, lightning-fast payments, and a groundbreaking new way to mine: with your phone.
Let’s talk numbers. Burning through 589 trillion tokens? At the current pace, SHIB holders are looking at a 143,000-year wait to reach the mythical $1 mark. It’s become a meme about a meme. Besides, while some investors still hold hope, others are waking up, realizing that utility, not virality, is what drives real wealth.
That’s why eyes are shifting to Bitcoin Solaris (BTC-S), a new-generation blockchain that isn’t asking for a miracle… because it’s built one instead. And that miracle lives in your pocket.
The Meme That Started It All
Shiba Inu introduced millions to crypto. It proved that a strong community and good branding could move mountains, at least temporarily. But now, with absurd supply, declining burn efficiency, and no hard-coded scarcity mechanism, SHIB’s price targets feel more like a fantasy roleplay than a financial roadmap.
That doesn’t mean it was worthless; it means the space has evolved. And some investors are choosing to evolve with it.
BTC-S: The Chain Designed for the Next Billion Users
Bitcoin Solaris doesn’t just add features—it reinvents the foundation. At its core is a dual-layer blockchain system designed to do what legacy chains can’t:
The Base Layer uses SHA-256 Proof-of-Work, mirroring Bitcoin’s security while supporting classic miners.
The Solaris Layer leverages Delegated Proof-of-Stake with validator rotation every 24 hours, achieving 10,000 TPS and 2-second finality.
More importantly? This layered approach fuels scalable DeFi, lightning-fast payments, and a groundbreaking new way to mine: with your phone.
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Meet Solaris Nova: Mining for the Masses
The upcoming Solaris Nova App is about to flip the industry upside down. No more expensive rigs. No more power-hungry warehouses. With this sleek, cross-platform app, your phone becomes your gateway to daily rewards.
Here’s what makes Solaris Nova a standout:
One-click, cross-platform mining (mobile, desktop, browser)
Adaptive algorithms that optimize power and efficiency per device
Live performance insights, in-app wallet, and security-first design
Remote wipe, encrypted login, and energy-saving modes
Tutorials and gamified milestones to guide even first-time users
That isn’t some side utility; it’s the engine of BTC-S adoption. When mining is this easy, everyone gets to participate.
A Presale That’s Gaining Dangerous Momentum
With over 11,000 users already in, Bitcoin Solaris is putting numbers on the board—fast. Unlike meme coin launches, this presale is built around scarcity, precision, and maximum upside.
Current price: $6
Next phase: $7
Launch price: $20
10% bonus for early participants
Launch date: July 31, 2025
Potential ROI: 1,900%
And here’s the kicker—only 8 weeks remain. It’s one of the shortest presales we’ve seen at this scale, and it’s not slowing down.
The Tech Pros Can’t Stop Talking About
The influencer buzz? It’s real—and it’s technical.
Crypto Royal praised its validator rotation and energy savings, calling BTC-S “a future-ready chain, not a hype train.”
Token Empire highlighted the mobile mining architecture and its layered consensus model.
Token Galaxy focused on the chain’s seamless UX and low barrier to entry.
Crypto Legends called it “the most accessible mining system of this generation.”
Each saw something different, but all saw potential.
The upcoming Solaris Nova App is about to flip the industry upside down. No more expensive rigs. No more power-hungry warehouses. With this sleek, cross-platform app, your phone becomes your gateway to daily rewards.
Here’s what makes Solaris Nova a standout:
One-click, cross-platform mining (mobile, desktop, browser)
Adaptive algorithms that optimize power and efficiency per device
Live performance insights, in-app wallet, and security-first design
Remote wipe, encrypted login, and energy-saving modes
Tutorials and gamified milestones to guide even first-time users
That isn’t some side utility; it’s the engine of BTC-S adoption. When mining is this easy, everyone gets to participate.
A Presale That’s Gaining Dangerous Momentum
With over 11,000 users already in, Bitcoin Solaris is putting numbers on the board—fast. Unlike meme coin launches, this presale is built around scarcity, precision, and maximum upside.
Current price: $6
Next phase: $7
Launch price: $20
10% bonus for early participants
Launch date: July 31, 2025
Potential ROI: 1,900%
And here’s the kicker—only 8 weeks remain. It’s one of the shortest presales we’ve seen at this scale, and it’s not slowing down.
The Tech Pros Can’t Stop Talking About
The influencer buzz? It’s real—and it’s technical.
Crypto Royal praised its validator rotation and energy savings, calling BTC-S “a future-ready chain, not a hype train.”
Token Empire highlighted the mobile mining architecture and its layered consensus model.
Token Galaxy focused on the chain’s seamless UX and low barrier to entry.
Crypto Legends called it “the most accessible mining system of this generation.”
Each saw something different, but all saw potential.
Compliance That Inspires Confidence
Transparency isn’t optional in 2025—it’s required. Bitcoin Solaris checks the boxes investors now demand.
Its smart contracts and codebase have been audited by Cyberscope, with added security validation from Freshcoins. And the project’s KYC-verified team adds even more legitimacy.
Updates? Join the official Telegram or follow them on X to catch frequent updates, AMAs, and developer previews.
Not Just a Coin—An Economic Engine
Bitcoin Solaris goes far beyond mining. The network is positioned as a real infrastructure layer with active utility across sectors:
Rust-based smart contracts for fast DeFi execution
Healthcare, education, and supply chain solutions
Optional privacy via Zero-Knowledge Proofs
Solana integration for seamless cross-chain dApp deployment
And every transaction on this chain? Fueled by a system that’s more energy-efficient than most blockchains on the market.
Transparency isn’t optional in 2025—it’s required. Bitcoin Solaris checks the boxes investors now demand.
Its smart contracts and codebase have been audited by Cyberscope, with added security validation from Freshcoins. And the project’s KYC-verified team adds even more legitimacy.
Updates? Join the official Telegram or follow them on X to catch frequent updates, AMAs, and developer previews.
Not Just a Coin—An Economic Engine
Bitcoin Solaris goes far beyond mining. The network is positioned as a real infrastructure layer with active utility across sectors:
Rust-based smart contracts for fast DeFi execution
Healthcare, education, and supply chain solutions
Optional privacy via Zero-Knowledge Proofs
Solana integration for seamless cross-chain dApp deployment
And every transaction on this chain? Fueled by a system that’s more energy-efficient than most blockchains on the market.
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Shiba Inu (SHIB) losses continue to intensify as the crypto market reels from the escalating tensions between Tesla CEO Elon Musk and US President Donald Trump. Shiba Inu price may continue with this downward trend after a bearish breakout from a head and shoulders pattern that signals a potential 28% crash.
At press time, SHIB price trades at $0.0000125 with a 2.8% decline in 24 hours. The daily trading volumes were also up by 80% to $265 million, per CoinMarketCap’s data, with the surge likely stemming from sell-side volumes.
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Shiba Inu Price Risks 28% Crash as Bearish Pattern Emerges
The one-day chart for Shiba Inu price shows the formation of a bearish head and shoulders pattern. This pattern usually signals that the trend is about to shift in the opposite direction, which, in this case, is from bullish to bearish.
SHIB, which was among the top-performing meme coins in May, has dropped below the neckline of this bearish pattern, a move that usually signals a potential crash. After breaching this support level, SHIB price could plunge by 28% to $0.000009, which will be its lowest price since January 2024.
The potential downtrend portrayed by the head and shoulders pattern is likely to play out because of the upward sloping ADX line. The indicator’s upward move confirms that the current downtrend could continue, making a Shiba Inu price crash to $0.000009 more likely to occur.
Meanwhile, the RSI indicator shows that the bearish momentum is growing strong after a steep slope. The indicator’s movement shows that the bearish trend depicted by the head and shoulders pattern might play out.
The potential crash portrayed by the head and shoulders pattern aligns with a previous CoinGape analysis that noted Shiba Inu may plunge by 22% after a small bear flag appeared.
The one-day chart for Shiba Inu price shows the formation of a bearish head and shoulders pattern. This pattern usually signals that the trend is about to shift in the opposite direction, which, in this case, is from bullish to bearish.
SHIB, which was among the top-performing meme coins in May, has dropped below the neckline of this bearish pattern, a move that usually signals a potential crash. After breaching this support level, SHIB price could plunge by 28% to $0.000009, which will be its lowest price since January 2024.
The potential downtrend portrayed by the head and shoulders pattern is likely to play out because of the upward sloping ADX line. The indicator’s upward move confirms that the current downtrend could continue, making a Shiba Inu price crash to $0.000009 more likely to occur.
Meanwhile, the RSI indicator shows that the bearish momentum is growing strong after a steep slope. The indicator’s movement shows that the bearish trend depicted by the head and shoulders pattern might play out.
The potential crash portrayed by the head and shoulders pattern aligns with a previous CoinGape analysis that noted Shiba Inu may plunge by 22% after a small bear flag appeared.
Whale Moves 105B SHIB to Binance After 3 Years
The bearish technical structure on Shiba Inu price coincides with a massive whale move after a large address moved 105 billion SHIB tokens to the Binance exchange. According to data from Arkham, these tokens had remained dormant for three years.
The selloff by this large address coincides with heavy trader losses after 11 trillion SHIB tokens plunged into loss, signalling potential capitulation. Once the selloff eases, it could give SHIB price room to recover if the meme token hits a local bottom after the recent dip.
To sum up, the Shiba Inu price is at risk of crashing by another 28% following the formation of a bearish head and shoulders pattern on the daily chart. Meanwhile, whales and long-term holders appear to be capitulating after a drastic surge in trader losses. As bearish headwinds intensify, SHIB price could plunge to $0.000009.
For a more detailed Shiba Inu price prediction between 2025 and 2030 – Read This.
The bearish technical structure on Shiba Inu price coincides with a massive whale move after a large address moved 105 billion SHIB tokens to the Binance exchange. According to data from Arkham, these tokens had remained dormant for three years.
The selloff by this large address coincides with heavy trader losses after 11 trillion SHIB tokens plunged into loss, signalling potential capitulation. Once the selloff eases, it could give SHIB price room to recover if the meme token hits a local bottom after the recent dip.
To sum up, the Shiba Inu price is at risk of crashing by another 28% following the formation of a bearish head and shoulders pattern on the daily chart. Meanwhile, whales and long-term holders appear to be capitulating after a drastic surge in trader losses. As bearish headwinds intensify, SHIB price could plunge to $0.000009.
For a more detailed Shiba Inu price prediction between 2025 and 2030 – Read This.
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There will always be a million-dollar question on investor’s minds as to whether Shiba Inu will fall to $0. Terra (LUNA) was the last leading cryptocurrency that crashed to $0 from a high of $112 in May 2022. The crash sent shockwaves around the cryptocurrency market where traders fear that leading altcoins could fall to $0. In this article, we will explain whether Shiba Inu has a chance of crashing to the $0 mark.
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Can It Plunge To $0?
Technically, like every other cryptocurrency, Shiba Inu can crash to $0 but it is highly unlikely that it will. The reason that SHIB will unlikely crash to $0 is that it has a robust mechanism, which includes community interest.
Reasons Shiba Inu Will Unlikely Crash to $0:
Shiba Inu is currently hovering around the $0.000012 level on Tuesday and is mostly trading sideways for three months. SHIB has barely experienced a spurt in price and the development is testing the patience of investors. Traders are unable to make money as profits are meager while losses are tenfold.
Technically, like every other cryptocurrency, Shiba Inu can crash to $0 but it is highly unlikely that it will. The reason that SHIB will unlikely crash to $0 is that it has a robust mechanism, which includes community interest.
Reasons Shiba Inu Will Unlikely Crash to $0:
- Strong Community (SHIBArmy): One of the most loyal and active communities in crypto keeping trading volume and interest alive.
- Major Exchange Listings: SHIB is available on Binance, Coinbase, Robinhood, and more — ensuring liquidity and visibility.
- Ongoing Development: Projects like Shibarium, ShibaSwap, SHIB: The Metaverse, and Shiba Eternity give it evolving use cases.
- Burn Mechanisms: Continuous burning, like Shibarium gas fees and other third-party utilities, helps in reducing the circulating supply over time. Since burns are a regular occurrence, tokens will always be sent to the dead wallet.
- Speculation Keeps It Alive: Like Dogecoin, SHIB benefits from hype cycles, media coverage, and retail FOMO. Also, the majority of - Shiba Inu investors are in for the long-term and will remain invested until it reaches $0.01. The 1 Cent dream is the main goal and traders are willing to wait even decades to reach there.
Shiba Inu is currently hovering around the $0.000012 level on Tuesday and is mostly trading sideways for three months. SHIB has barely experienced a spurt in price and the development is testing the patience of investors. Traders are unable to make money as profits are meager while losses are tenfold.
Shiba Inu (SHIB) has experienced quite an incredible run since its launch in August 2020. The memecoin positioned itself as a Dogecoin (DOGE) rival. From its launch in till it hit an all-time high of $0.00008616 in October 2021, SHIB’s price rallied by many million percent. Early investors have made massive gains with minimal investments.
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SHIB’s Recent Lackluster Performance
SHIB’s performance has taken a back seat over the last few years. The memecoin’s price has fallen by 85.6% since its 2021 peak.
Dogecoin (DOGE), on the other hand, seems to be maintaining more value over the last few years. This trend may soon change as we approach the end of the decade. Let’s look at three reasons why SHIB could overtake DOGE by 2030.
SHIB’s performance has taken a back seat over the last few years. The memecoin’s price has fallen by 85.6% since its 2021 peak.
Dogecoin (DOGE), on the other hand, seems to be maintaining more value over the last few years. This trend may soon change as we approach the end of the decade. Let’s look at three reasons why SHIB could overtake DOGE by 2030.
1. Limited Supply:
DOGE has no supply cap. This aspect of the memecoin makes it difficult to obtain very high prices. SHIB, on the other hand, has a limited supply of 589 trillion coins. While SHIB’s high supply is a barrier to its price, a dip in supply could lead to a substantial price rally.
The SHIB team is also working on a new burn mechanism, rumored to burn trillions of tokens yearly. The team is yet to disclose more details about the new burn mechanism and the official launch date. We could see a substantial dip in SHIB’s supply by 2030.
2. Shibarium Adoption:
Shiba Inu’s Shibarium layer-2 network has made substantial developments to bring more utility to the SHIB ecosystem. The network is expected to continue its growth over the coming years.
Shiba Inu’s (SHIB) price could see a substantial spike if Shibarium adoption grows by the end of this decade.
3. Crypto Market Rally:
The cryptocurrency sector is expected to grow at an unprecedented pace over the next few years. Many market experts anticipate Bitcoin (BTC) to breach the $1 million mark by 2030. BTC hitting $1 million will likely lead to a substantial market-wide rally. Such a scenario could set the stage for SHIB to hit never-before-seen price levels.
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Shiba Inu is a meme-inspired cryptocurrency that has been running on the Ethereum blockchain since 2020. It’s an ERC-20 token that garnered more than 1.5 million worldwide investors in less than five years of its launch. SHIB also took on Dogecoin during its inception days giving Elon Musk’s favorite cryptocurrency a run for its money. Now that you know the basics, we will highlight 3 unknown facts about Shiba Inu that you might not know about.
Shiba Inu: 3 Unknown Facts You Didn’t Know About SHIB Cryptocurrency
1. Founder Ryoshi Has Vanished
The mysterious and anonymous founder Ryoshi remained on X until May 2022 but deleted all his tweets and blog posts. Ryoshi disappeared without a trace, intentionally leaving SHIB to the community. Till today, nobody knows who Ryoshi is leaving Shiba Inu investors to play the guessing game. Speculations were rife back in the day that Ryoshi could have been Tesla CEO Elon Musk.
2. LEASH Was Once a Rebase Token
Before becoming a fixed-supply token, LEASH was originally designed to “rebase” like an algorithmic stablecoin. For the uninitiated, it means that its supply would adjust algorithmically to maintain a set price similar to algorithmic stablecoins. This model was abandoned early by the founders and turned into a regular cryptocurrency. The pivot to fixed supply happened early, therefore, very few people know about the changes about the Shiba Inu ecosystem.
3. SHIB Founders Did Not Reserve Tokens For Themselves
Unlike most tokens, the SHIB team founders did not reserve any tokens for themselves. All the tokens were put into circulation while 50% of the supply was straightaway gifted to Ethereum founder Vitalik Buterin. The founder Ryoshi had no reserved Shiba Inu tokens nor did the lead developer Shytoshi Kusama and other team members. If they wanted to own SHIB, they had to buy it from their own pockets.
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Shiba Inu (SHIB) Price Breaks Below Horizontal Support Following 10% Drop
Like much of the crypto market, Shiba Inu (SHIB) suffered in the last 24 hours, dropping 10% amid a wave of panic-selling triggered by rising geopolitical tensions.
The sharp decline has sparked concerns of deeper losses as bearish pressure mounts. But does this mean SHIB is headed for another leg down—or is a rebound in sight?
Like much of the crypto market, Shiba Inu (SHIB) suffered in the last 24 hours, dropping 10% amid a wave of panic-selling triggered by rising geopolitical tensions.
The sharp decline has sparked concerns of deeper losses as bearish pressure mounts. But does this mean SHIB is headed for another leg down—or is a rebound in sight?
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Shiba Inu Breakdown Accelerates
Since May 10, SHIB’s price has been trading inside a descending triangle—a bearish pattern defined by a falling trendline and horizontal support at $0.000012.
As of this writing, the meme coin has broken below that key support level, signaling a potential breakdown. This move puts SHIB at risk of a deeper correction.
Beyond the drop below the support line, the Awesome Oscillator (AO) has fallen to the negative region. The AO measures momentum by comparing historic price movements with recent ones.
When the AO is positive, momentum is bullish. But when it is negative, momentum is bearish. Therefore, the current reading on the SHIB/USD chart indicates rising bearish momentum around SHIB.
Should this remain the case, then SHIB’s price might experience a potential drop below $0.000010.
To make matters worse, CCN analysis shows that the red line of the Supertrend indicator has flipped above SHIB’s price, signaling strong overhead resistance.
This bearish alignment suggests that any upward move could face rejection, further limiting SHIB’s chances of a short-term rebound.
From an on-chain perspective, the In/Out of Money Around Price (IOMAP) shows resistance between $0.00012 and $0.00014.
At the current price range, the volume of SHIB tokens held at a loss far outweighs those in profit. That imbalance creates a potential sell wall as the token tries to retest the $0.000012 level.
If holders rush to exit at breakeven, SHIB could face renewed selling pressure, pushing the price back toward $0.000010 or even lower.
Since May 10, SHIB’s price has been trading inside a descending triangle—a bearish pattern defined by a falling trendline and horizontal support at $0.000012.
As of this writing, the meme coin has broken below that key support level, signaling a potential breakdown. This move puts SHIB at risk of a deeper correction.
Beyond the drop below the support line, the Awesome Oscillator (AO) has fallen to the negative region. The AO measures momentum by comparing historic price movements with recent ones.
When the AO is positive, momentum is bullish. But when it is negative, momentum is bearish. Therefore, the current reading on the SHIB/USD chart indicates rising bearish momentum around SHIB.
Should this remain the case, then SHIB’s price might experience a potential drop below $0.000010.
To make matters worse, CCN analysis shows that the red line of the Supertrend indicator has flipped above SHIB’s price, signaling strong overhead resistance.
This bearish alignment suggests that any upward move could face rejection, further limiting SHIB’s chances of a short-term rebound.
From an on-chain perspective, the In/Out of Money Around Price (IOMAP) shows resistance between $0.00012 and $0.00014.
At the current price range, the volume of SHIB tokens held at a loss far outweighs those in profit. That imbalance creates a potential sell wall as the token tries to retest the $0.000012 level.
If holders rush to exit at breakeven, SHIB could face renewed selling pressure, pushing the price back toward $0.000010 or even lower.
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SHIB Price Analysis: Further Downturn
A closer look at the daily chart reveals that SHIB’s price has formed a classic head-and-shoulders pattern, typically a bearish setup that signals an impending trend reversal.
This formation strengthens the case for further downside, especially if SHIB fails to reclaim key support levels soon. Amid this setup, the Chaikin Money Flow (CMF) reading has dropped below the zero signal line.
The breakdown points to intensifying selling pressure. If left unchecked, it could send SHIB below the $0.000010 mark, as previously noted.
However, this bearish outlook may be invalidated if buying interest returns and demand pick up. In that case, SHIB could stage a rebound toward $0.000016.
A closer look at the daily chart reveals that SHIB’s price has formed a classic head-and-shoulders pattern, typically a bearish setup that signals an impending trend reversal.
This formation strengthens the case for further downside, especially if SHIB fails to reclaim key support levels soon. Amid this setup, the Chaikin Money Flow (CMF) reading has dropped below the zero signal line.
The breakdown points to intensifying selling pressure. If left unchecked, it could send SHIB below the $0.000010 mark, as previously noted.
However, this bearish outlook may be invalidated if buying interest returns and demand pick up. In that case, SHIB could stage a rebound toward $0.000016.
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Shiba Inu Ends Meme Era with Launch of Ambitious Project
The Shiba Inu ecosystem team announces a major project that could revolutionize SHIB and potentially mark the end of its meme era.
The team took to X to announce the beta launch of Shib Alpha Layer, the ecosystem’s rollup abstraction developed in collaboration with ElderLabs. Despite no VC funding, the Shiba Inu ecosystem team and ElderLabs’ engineers successfully built the project in record time.
The Shiba Inu ecosystem team announces a major project that could revolutionize SHIB and potentially mark the end of its meme era.
The team took to X to announce the beta launch of Shib Alpha Layer, the ecosystem’s rollup abstraction developed in collaboration with ElderLabs. Despite no VC funding, the Shiba Inu ecosystem team and ElderLabs’ engineers successfully built the project in record time.
Shiba Inu Ignores Critics, Ships Ambitious Project
While unveiling the new initiative, Shiba Inu’s lead developer, Kaal Dhairya, reflected on past criticism directed at the cryptocurrency. He noted that Shiba Inu was initially dismissed as a meme coin, overwhelmed by “Wen Shibarium?” jibes and drowned in fear, uncertainty, and doubt (FUD).
Instead of focusing on the criticism, Dhairya emphasized that the team kept building, delivering key projects like Shib Alpha Layer, which he introduced yesterday.
The Shib Alpha Layer helps unify every RollApp, integrating them into a single, ultra-fast layer. It acts as a unified top layer that hides the complexity of multiple RollApps operating beneath it.
“[With Shib Alpha Layer], users feel like they are transacting on one chain while dozens of rollups operate beneath the surface,” Dhairya remarked.
While unveiling the new initiative, Shiba Inu’s lead developer, Kaal Dhairya, reflected on past criticism directed at the cryptocurrency. He noted that Shiba Inu was initially dismissed as a meme coin, overwhelmed by “Wen Shibarium?” jibes and drowned in fear, uncertainty, and doubt (FUD).
Instead of focusing on the criticism, Dhairya emphasized that the team kept building, delivering key projects like Shib Alpha Layer, which he introduced yesterday.
The Shib Alpha Layer helps unify every RollApp, integrating them into a single, ultra-fast layer. It acts as a unified top layer that hides the complexity of multiple RollApps operating beneath it.
“[With Shib Alpha Layer], users feel like they are transacting on one chain while dozens of rollups operate beneath the surface,” Dhairya remarked.