A very big announcement by The developer of  the Shiba Inu crypto coin

 A very big announcement by The developer of  the Shiba Inu crypto coin

The popular meme coin Shiba Inu awakens an expanding ecosystem with better stable coins and new prize tokens.

Shiba Inu (SHIB) lead developer Shitoshi Kusama has released a new update for the meme coin community, which plans to release a currency deck, a prize token, and a deck of cards meta-rectangle for the SHIB ecosystem.

Kusama announced the launch of SHI, an experimental stalkcoin protocol that "addresses concerns after the collapse of other stablecoins and the complete disappearance of billions of dollars from the market."

The developer said that if all goes according to plan, SHI Stablecoin could launch earlier this year.

"We've seen the independent development of developer teams in decentralized networks. They've introduced the SHI version, which seems to prevent more problems for the moon," Kusama told Terra's UST Permanent in May. Said about the rapid decline.

Shiba Inu also plans to expand the line with a new prize brand called TREAT.

According to the blog post, TREAT is "designed to be quiet" and is widely used in the Sheba Molecule ecosystem, including Project Metaverse and the upcoming Sheba Card game, which has been dubbed the "World's Best Ad". Has gone "

Kusama did not elaborate further on the development of PlaySide and Sheba, saying the latter could be followed up in a separate blog post.

Lead programmer Sheba Enos said the stability of the TREAT token SHI also helps balance the coin.

The Shiba ino community focuses on meta poems.

The developer update also includes the Shibarium Development Update, the project's Tier 2 solution that allows users and developers to build new applications on top of existing blockchain infrastructure.

According to Kusama, "He redesigned the web portal to complete the project and I brought in some new developers last year to help with UX / UI."

"Everything is working fine now and we are making great strides in meeting this important part of the ecosystem," he added.

However, the public beta version of Shibarium has not yet been marked.

Shiba Inu has been described as a "decentralized volunteer community building experience" developed by developer alias Ryoshi and released in August 2020.

Unlike other popular meme cryptocurrencies such as Dogecoin, which run on their own blockchain, the Shiba Inu is an ERC-20 token based on Ethereum, so it is also influenced by network development decisions.

With a market cap of over 75.7 billion, the Shiba Inu is currently the 14th largest corrupt currency in the world.