SHIB Devs Working On Shiba Inu Ecosystem Update Behind The Scenes?

Shiba Inu News: In a market environment that is predominantly facing uncertainty around liquidity of crypto companies, developers continue to make progress in the background. Although the FTX collapse took the crypto market’s credibility backwards by a significant extent, it is not necessarily halting progress in terms of technology. In this context, reports suggest that the support for crypto projects from bigwigs like Elon Musk is all set to further adoption of web 3.0. It is well known that Musk is fond of popular memecoin Dogecoin (DOGE).

Also Read: Has The Terra Classic (LUNC) Revival Rally To $0.001 Started?

The impact of Musk’s social validation of DOGE is huge, so much so that it gave an entirely new dimension to the way memecoins are perceived. Meanwhile, the Shiba Inu (SHIB) developers are likely involved in a huge network upgrade that is perhaps more important than Shibarium, which is the layer 2 blockchain scaling solution of SHIB.

Shiba Inu Ecosystem Update Soon?

In a latest, Shiba Inu developer ‘Shib Trophias’ shared an update about completing design for version 1 without naming the project. The developer also said the project will be launched in phases to help with the content flow. While it was originally thought to be regarding the Shibarium project, he actually hinted at a potential SHIB ecosystem update. His tweet read,

“-V1 Design completed
– Finalizing content has been ongoing
– Launch will be in phases to help with content flow”

Source