Shiba Inu (SHIB) Shares 5 Trends to Watch For The Next Bull Run

Shiba Inu (SHIB) has released the fourth edition of The Shib Magazine. In the magazine’s fourth edition, the SHIB team has revealed new updates around the ecosystem and some trends to look out for in the next bull run.

Also read: Shiba Inu (SHIB) Price Prediction: December 2023

As per the SHIB team, blockchain-based gaming projects will be one of the hottest topics in the next bull run. The team also highlighted that real-world assets (RWA) tokenization will take center stage. Many banks are already beginning to tokenize their assets, such as real estate and shares. SocialFi (Social media and DeFi) is another trend the team believes will take off. Moreover, layer-2 scaling and Artificial Intelligence (AI) crypto solutions will be hot businesses.

The team also announced the support of CoinMerge, a leading decentralized exchange (DEX). The platform plans to move its entire operation to Shibarium, SHIB’s layer-2 network.

Additionally, the fourth edition of The Shib Magazine announced another round of 7,000 NFTs (Non-Fugible Tokens) in a new giveaway. According to Shiba Inu, in the last round, 5,000 NFTs were minted in just 5 hours.

Shiba Inu (SHIB) lead developer reveals new plans.

SHIB lead developer Shytoshi Kusama spoke about the project’s journey to complete decentralization. Kusama revealed that the team aims to bring democratic governance across the Shiba Inu ecosystem. These include SHIB, BONE, LEASH, and the yet-to-be-released TREAT. As per the report, all token holders will have equal rights in decision-making.

Also read: Shiba Inu: How Much To Invest To Be a Millionaire if it Hits $0.001?

Furthermore, Kusama wants the community members to participate in leadership selection programs. The team will place protocols, such as self-sovereign identity (SSI), to remove bots and ensure transparency.

SHIB’s price has struggled for most of 2023. The token’s price is below what it was on Jan. 1, 2023. Moreover, it has faced a 5.1% correction in the daily chart. Nonetheless, SHIB investors and fans are confident that the asset will regenerate momentum in early 2024.