Shiba Inu announces stablecoin and tokens to reward users

Shiba Inu announces stablecoin and tokens to reward users

A blog post by the “Shytoshi Kusama” includes announcements of new projects, with a new stablecoin as well as a new token. In addition to this, they will soon release a card game for its future metaverse.

Details About SHI and TREAT

You can have a Shiba Inu stablecoin with new events related to the stablecoins. In the Shiba Inu community, the crisis after the collapse of TerraUSD led them to work on their own stable coin.

Shiba Inu, a decentralized network of developers, created a stablecoin called SHI. It is unique in comparison to other assets in that it avoids the problems present in other currencies, making it both time-efficient and secure.

TREAT is an asset created for the SHIB community and will be implemented in every aspect of the project. TREAT allows players to earn rewards and be included in every project at a steady rate.

The creators of the volatile crypto-currencies have not revealed any details yet, but it is expected to be released later this year. However, Kusama says that they will release if they are successful.

Shiba Inu is constructing their own Metaverse

The leader of Shiba Inu also brought updates on the future metaverse of the meme coin. Referring to the Shibarium, Kusama said

“As of now, all is still on track and we are moving as quickly as possible to complete the key component of our ecosystem.”

He further added, ” a number of developers were brought on to help with the project. They will be also redesigning the web portals according to requirement.”

As of now, the release date is private and unavailable to those outside the company.

The most recent price of SHIB is $0.000011, up 8% in the last 24 hours. Despite this, SHIB has had a devaluation of 87% since its historical maximum price, which was October of 2018. The month of October saw an increase of over 1,000%, making it one of the cryptocurrencies with the greatest appreciation in 2021.


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