Shiba Inu’s (SHIB) newest magazine ignites optimism with crucial highlights
Memecoin Shiba Inu (SHIB) revealed the newest edition of its ‘The Shib’ magazine, highlighting key ecosystem developments.
Let us dig deep into the magazine to see why it revitalized investor optimism despite SHIB’s unwelcoming price action.
The Shib’s latest version
Shiba Inu’s newest copy of its magazine reveals various significant strides by the meme token, targeting to transform SHIB’s ecosystem.
It highlights an upcoming layer3 blockchain and more utility for Shiba Inu’s new TREAT reward coin.
Further, Shiba Inu secured massive funding of $12 million from noteworthy investors to boost its expansion initiatives.
Some investment giants in SHIB’s fundraising included Animoca Brands, Hercules Ventures, Morningstar Ventures, DWF Ventures, Shima Capital, Cypher Capital, Big Brain Holdings, and Mechanism Capital.
Also, hints about an upcoming layer3 network attracted keen interest from market players. Shiba Inu’s partnership with Zama triggered speculations about a looming L3 blockchain.
The layer3 platform will offer Shiba ecosystem users unparalleled scalability, smoothly supporting multifaceted applications and massive transactions.
Notably, the magazine revealed that the looming layer3 would utilize TREAT as a utility and governance coin.
These developments ignited optimism towards Shiba Inu, with traders expecting impressive price actions from the alt in the upcoming session.
SHIB price outlook
Nonetheless, bullish developments such as those highlighted in the new magazine copy and continued token burns paint an optimistic future for SHIB.
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