Home
News
Ryoshi, the crypto Shiba Inu (SHIB) developer quit the crypto world two weeks back, but seemingly this has not affected the popular meme crypto asset as it continues to develop. The senior developers and enthusiasts are now taking care of the operations.
SHIB has witnessed a lot of developments this year, along with various new use cases and developments being created for crypto Shiba Inu (SHIB). While some of the developments affected the price, some of them were aimed at the quality aspects of SHIB.
Earlier in March, the SHIB ecosystem announced the development of its own metaverse. Following this, a new rewarding SHIB burning exercise announcement was also made public. But if we have a look at the developments that have taken place following the instance of Ryoshi’s exit, there have been a bunch of them.
Crypto SHIBA Continues With Its Endeavours To Grow
For instance, the SHIB Burn exercise, a Shibburn portal that keeps a check on the crypto burning details, highlights that approximately 229,165,044 or 229.16 million SHIB crypto tokens were burned.
Then comes the Non-Fungible Tokens (NFTs) space, the Italian food joint, WellyFriends, that partnered with SHIB earlier this year, and announced an NFT minting event where unique SHIB NFTs can be purchased by the fans and enthusiasts.
Another thing that happened after the departure of Ryoshi was that the game developer Travis Johnson announced that his company has been accepted by the Amazon affiliate program, and he is willing to utilize the commission on sales produced by this program to fund the SHIB burning exercise.
Johnson also announced through Twitter, that he has successfully purchased 16,525,821 SHIB crypto tokens and burnt them by utilizing the commission on sales money generated via his Amazon affiliate program.
Whereas a digital currency payment processing company BitPay, recently collaborated with a non-custodial digital currency wallet Edge that powers over 130 crypto virtual currencies.
Crypto Shiba continues to grow as a digital asset. As the overall crypto market is witnessing bearish trends lately, SHIB is also affected by it as it is down by around 13% in the last twenty-four hours. SHIB is exchanging hands at $0.000007573 as of writing.
ALSO READ: How is JPMorgan thinking to bring trillion dollars with tokenized assets to DeFi?
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
