Built on the Solana blockchain, Fartcoin combines humor and cryptocurrency by tokenizing fart jokes and memes to build a playful, community-driven ecosystem.

Just when you think the innovative cryptocurrency world has run out of surprises, along comes a project that catches everyone off guard. One such unlikely superstar is Fartcoin. This 

 blockchain, has quickly gained attention for its quirky premise: tokenizing fart jokes and memes. But beneath the gastro-inspired humor lies a fast-growing community and a surprising market performance.

This article unpacks the Fartcoin phenomenon, and asks the question: Is it worth your investment — or is it simply hot air? 

Fartcoin is a meme coin built on the Solana blockchain that allows users to submit fart jokes and memes to earn tokens. It went viral for its humorous concept and community-driven engagement.

Fartcoin, like most meme coins, doesn’t claim to have intrinsic value or serious utility. Instead, it thrives on humor and community engagement. True to its irreverent premise — tokenizing farts — Fartcoin is all about creating a fun and lighthearted experience in the crypto space. it attempts to build an interactive, inclusive community centred on fart jokes and memes, in which creativity and laughter take the spotlight.

Fartcoin scintillates with features like the "Gas Fee," which playfully produces fart sounds during transactions, adding a hilarious twist to the crypto experience. It also encourages participation through meme submissions, rewarding users for their contributions and building a strong sense of community

Fartcoin was created as part of an experiment by Truth Terminal, an 

, to test the influence of artificial intelligence on cultural trends. This merry project takes a playful approach to cryptocurrency, relying on jests and memes to drive its value. The more people talk about and interact with Fartcoin, the more its value grows — thanks to its reflexive memetic strategy.

Fartcoin’s community plays a key role in its success. Users can earn tokens by submitting fart-themed jokes or memes, with the most popular contributions earning extra tokens and a chance to be featured in various media projects related to the coin.

To keep things fun and engaging, Fartcoin’s tweets and social media presence are powered by Truth Terminal, with posts that embrace meme culture and fun. These posts, crafted by AI and manually shared by the team behind the token, help keep the community entertained and actively involved.

Thanks to Solana's fast processing speeds and low transaction fees, Fartcoin transactions are both efficient and accessible to users, making it easy for everyone to join in on the fun.

FARTCOIN is the native token of the Fartcoin project. It’s primarily used for community engagement, speculative investment and as a means to participate in the Fartcoin ecosystem.

FARTCOIN has a fixed supply of 1 billion tokens, almost all of which are circulating. At launch, 20.1 million tokens were allocated to Truth Terminal, the AI behind the project. This allocation ensures that Truth Terminal plays a central role in the promotion and development of Fartcoin. The remaining tokens were distributed to early participants through community meme submissions and liquidity pool incentives on 

. This approach has helped to build a strong and engaged community from the start.

Fartcoin has taken the crypto world by surprise with its quirky humor and explosive growth. Launched in October 2024 as part of an AI experiment by Truth Terminal, Fartcoin quickly captured attention with its playful concept and savvy marketing.

In just two months, Fartcoin’s market cap soared past $1 billion, its price skyrocketing by an astonishing 500% in just 11 days and placing it firmly as one of the top-performing meme coins of the year. On Dec 20, 2024, it reached an all-time high of $1.27 — all while the broader crypto market struggled during a downturn. It then reached a new ATH of $1.45 on Jan 2, 2025.

Fartcoin’s rapid rise can be attributed to early backing from institutional players like the 

, which helped establish credibility and liquidity, drawing in more investors. A major boost came when Fartcoin was listed on Binance Futures, sparking fresh interest and driving prices even higher. Its whimsical narrative also struck a chord with investors looking for something different. In a market dominated by uncertainty, Fartcoin’s comedic appeal offers a refreshing and profitable diversion.

Looking to trade Fartcoin tokens? Bybit now offers the FARTCOINUSDT Perpetual contract for trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Fartcoin's meteoric rise and quirky appeal make it an intriguing choice for speculation. However, potential investors should exercise caution. Meme coins like Fartcoin are highly volatile and often lack intrinsic value, making them risky investments. While its community-driven model and unique features offer entertainment and engagement, Fartcoin’s value depends heavily upon its popularity and ongoing participation.

As with any cryptocurrency, users need to 

 and understand the risks involved before investing. Diversifying your portfolio and investing no more than you can afford to lose are essential steps toward safely navigating the volatile world of cryptocurrencies.

Fartcoin is a perfect example of how humor and community engagement can create a buzz in the cryptocurrency world. From its quirky concept to its impressive market performance, it’s captured the attention of investors and enthusiasts alike. However, its success hinges on its viral appeal, making it a high-risk, high-reward investment. Whether you're in it for the gassy laughs or the potential gains, always approach meme coins such as Fartcoin with caution and research them thoroughly. After all, even in crypto, not every joke pays off!

Intermediate

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Fartcoin (FARTCOIN): Breaking Wind & Records in the Crypto World

Jan 6, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly Highlight — Markets Snap Five-Day Loss Streak 

Investors are now seizing the opportunity to buy the dip in U.S. stocks after a five-day decline that erased over $1 trillion in market value. Wall Street has broken its longest losing streak since April, with the Nasdaq-100 rebounding 1.7% and the S&P 500 rising 1.3% on Friday, January 3. These gains slightly offset the week's sell-off, which had continued into the new year following a tough December.

Despite concerns about slowing earnings growth among tech giants like the Magnificent Seven, traders remain optimistic, especially regarding AI leader NVIDIA Corporation. The market believes that, as long as retail investors keep investing in AI, the associated stock market boom is expected to persist. 

Stocks reached their session highs in the afternoon after Mike Johnson was reelected as speaker of the U.S. House of Representatives, indicating potential support for a business-friendly agenda. Meanwhile, bond yields rose, with the 10-year hitting 4.6% following comments from Richmond Fed President Tom Barkin about maintaining restrictive rates. U.S. manufacturing showed modest growth, with new orders at their highest since early last year, while investors assessed economic strength against the possibility of slower interest-rate cuts.

Weekly Crypto Highlight — AI Agent Spring Coming

Many investors are eagerly anticipating an Alt Season, a period when altcoins typically surge in value. However, current market dynamics suggest we may not see a widespread altcoin rally. The sheer number of tokens, combined with limited liquidity, has led to what's known as altcoin dispersion, making it crucial to select the right sectors and tokens.

, which are thriving even as the broader market declines. This nascent sector is experiencing rapid advancements, and its associated tokens face less pressure from venture capital unlocks. Many of its top protocols lack centralized exchange listings, indicating more buyers may enter the market.

Those investors who missed previous opportunities, such as the DeFi summer of 2020 and the Alt Layer 1 trade, now have another chance. Instead of targeting individual AI agents, the best risk/reward strategy lies in investing in infrastructure plays, which serve as the foundational tools for the sector.

The leading AI agent player is Virtuals Protocol, a platform for launching tokenized AI agents on the Base network. By purchasing tokens like Luna by Virtuals (LUNA) and VaderAI (VADER), users gain governance rights over specific agents, which allows them to both influence development and share in profits. 

Recently, daily protocol fee revenues dropped significantly in mid-December 2024 as activity slowed for the holidays. However, speculation around agent-associated tokens surged as the new year approached. Currently, Virtuals Protocol generates over $1 million in daily fees, though this is 50% less than figures for early December. Despite these challenges, the VIRTUAL token has more than doubled in value, reaching a market capitalization of $4.6 billion.

Other highlighted opportunities include Zerebro, which is pivoting to a full-stack framework for AI agents; ARC, with its Rust-based framework; and 

 (GRIFFAIN), a natural language on-chain search tool. These projects are well-positioned for future growth in the evolving landscape of AI technology.

 as we delve into leading AI agent tokens and the past week’s market movements. 

Advanced

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Weekly Institutional Insights: Market Snaps Five-Day Loss Streak; AI Agent Spring Coming

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

December's end-of-year options expiration brought an unexpected drop as realized volatility fell to the lowest levels of the month. Perpetual swap open interest remained stable, indicating these markets weren't heavily used for hedging against expired options, likely contributing to the muted volatility. 

While most expired open interest in Bitcoin (BTC) and Ethereum (ETH) hasn't been reinvested, the balance of calls and puts remains consistent. Notably, ETH options are pricing in higher implied volatility as compared to BTC, particularly for shorter expirations, leading to a flat term structure for ETH, while BTC is offering cheaper options exposure.

In the perpetual markets, low volatility and minimal spot movements have led funding rates for nearly all tokens to mirror broader market sentiment throughout the holiday season. On the options side, BTC's term structure is noticeably lower and steeper than ETH's, with realized volatility now dipping below implied volatility levels, highlighting an intriguing shift in market dynamics.

Please check out the report’s highlights.

Open Interest Solid Amid Year-End Options Expiration

Although open interest for both BTC and ETH perpetual swaps hasn’t returned to early December 2024 highs, it remained robust throughout the significant end-of-year options expiration event. This suggests that these markets weren’t heavily utilized to 

 of the expiring options contracts, likely contributing to the lack of volatility observed during this period. Instead, trading volumes have dipped noticeably during the winter holiday season, coinciding with a collapse in realized volatility back to December 2024’s lowest levels.

BTC Option Curve Remains Steep During Call-Put Parity

The expiration of December's end-of-year options didn’t trigger the anticipated surge in volatility; instead, realized volatility has plummeted to the lower end of its recent range. The implied volatility term structure remains steep compared to both its recent behavior and ETH's, with longer-dated implied volatility around 57%, and 1-week at-the-money options trading about five points lower. Much of the expired open interest hasn’t yet been rolled into new positions, maintaining a neutral balance between puts and calls. Consequently, BTC's options market positioning is relatively neutral, lacking the leverage it had at the start of December 2024.

Huge ETH Option Expiring Doesn’t Cause Volatility

A late December spike in realized volatility didn’t carry into the new year, with ETH’s spot price currently exhibiting volatility below that of short-tenor implied volatility. Interestingly, the implied volatility term structure has undergone a steepening and re-flattening over the past week, contrasting with BTC’s slightly steeper profile. This suggests that ETH’s options market is anticipating higher short-term volatility in spot price movements. 

Despite the significant expiration of options open interest at the end of December 2024, which didn’t lead to a rollover into later expirations, call options continue to dominate the market and have increased at the start of 2025.

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Jan 2, 2025): BTC Options Continue to See Call-Put Parity, With Lower Short-Term Volatility Expected

Dive into FLock, a decentralized platform that revolutionizes the way AI models are developed, trained and deployed.

Artificial intelligence (AI) is poised to transform countless industries, but its development often raises questions about privacy, control and inclusivity. 

 is a unique decentralized platform that democratizes AI training, fine-tuning and inferencing. With its blockchain-powered infrastructure, FLock ensures transparency, security and community-driven decision-making, paving the way for AI models that align with established societal values. 

In this article, we’ll explore how FLock decentralizes AI training, its key features and its potential impact on developers, communities and users.

 platform that revolutionizes the way AI models are developed, trained and deployed. By leveraging blockchain technology and a novel approach called 

, FLock addresses critical issues in AI development, such as centralized control, lack of transparency and privacy concerns.

At its core, FLock’s mission is to democratize AI by enabling communities to participate directly in the creation and refinement of AI models. Through federated learning, FLock trains AI models across multiple decentralized devices or servers. This method ensures that data remains local, eliminating the need for raw data exchange while still enabling robust model training. By decentralizing the training process, FLock not only protects individual privacy, but also fosters a more inclusive ecosystem in which diverse contributors can collaborate.

What sets FLock apart is its integration of 

. This ensures that all contributions — whether data, compute power or feedback — are transparently recorded and fairly rewarded. Blockchain tech’s immutable ledger enhances trust among participants and safeguards the process against manipulation. Additionally, the platform’s on-chain incentive mechanisms encourage participation from a wide range of contributors, ensuring that rewards are distributed equitably.

Ultimately, FLock empowers communities to develop bespoke AI models tailored to their specific needs. By decentralizing the process and prioritizing transparency and collaboration, FLock breaks the monopoly of large corporations, creating an AI ecosystem that aligns with public ethics and societal values.

, an Oxford alumnus with a robust background in AI and blockchain technology. Sun, who serves as FLock's CEO, has an impressive career trajectory, having worked as the Director of AI for the Royal Bank of Canada and as an AI Research Fellow at Imperial College London. His vision for FLock stems from a deep understanding of both the technical and ethical challenges of AI development.

The founding team also includes other Oxford alumni, boasting over a decade of combined experience in AI research and the cryptocurrency industry. This team brings a collective blend of academic excellence and practical expertise that positions FLock to lead the decentralized AI movement.

FLock has successfully raised $11 million in funding across two rounds, reflecting strong investor confidence in its vision. In May 2024, FLock secured a $6 million seed round co-led by Lightspeed Faction and Tagus Capital, with additional backing from Digital Currency Group (DCG), Volt Capital, OKX Ventures and Inception Capital.

Later, in December 2024, FLock announced a $3 million successful funding round led by DCG and joined by prominent names like Animoca Brands, Fenbushi Capital, GnosisVC and GSR. These investments are being channelled into enhancing the platform’s testnet and federated learning client, accelerating FLock’s mission of enabling secure, collaborative AI development.

With this funding and over 1,500 nodes contributing from platforms like Numerai and Kaggle, FLock is rapidly scaling its impact on decentralized AI training.

FLock AI revolutionizes AI development through its decentralized training framework. This approach allows participants to contribute to AI model training without ever sharing their personal data. Instead, models are trained locally across devices using federated learning, which ensures that data remains with its owners while still enhancing the accuracy of the model overall. 

FLock’s reward system is designed to incentivize active participation. Contributors who provide data, computational power and/or feedback are compensated with FLOCK tokens, ensuring a fair distribution of rewards. 

FLock empowers its community through a robust governance framework. Decisions regarding AI model development, deployment and ethical considerations are driven by the community, ensuring alignment with established societal values. Through blockchain-based voting mechanisms, contributors can influence the direction of AI projects, fostering transparency and public accountability. 

FLock’s modular architecture allows contributors to participate in specific aspects of AI model development. Whether providing raw data or computational power or even refining algorithms, the platform enables a collaborative and scalable development process. 

At the core of FLock’s philosophy is its commitment to privacy and security. By leveraging blockchain technology, the platform ensures that no single entity controls the AI development process. Data remains local and protected by cryptographic measures, while the immutability of blockchain guarantees transparency in every transaction and model update. 

 begins with a blockchain and an AI layer.

The blockchain layer underpins FLock’s incentivization and security mechanisms.

The AI layer facilitates model training, refinement and deployment, leveraging both centralized and federated approaches.

Let’s have a look at the supply and demand for the FLOCK token.

FLock adopts a 1:2 ratio model between team/investors (33.3%) and community (66.7%), prioritizing community-driven growth and ecosystem expansion. The majority of tokens are allocated to incentivize user participation and long-term ecosystem success.

FLock aims to improve the future of AI development by decentralizing the training process and ensuring transparency, privacy and inclusivity. By leveraging blockchain and federated learning, FLock empowers communities to contribute to AI creation without compromising on privacy. Its innovative reward system and community-driven governance foster a fair and collaborative ecosystem. 

With significant backing and a growing network of contributors, FLock is positioning itself as a leader in decentralized AI, offering a more ethical and secure alternative to traditional AI development models. As it continues to scale, FLock is set to transform the way AI models are built and deployed.

 — and earn a share of a 10 million FLOCK prize pool. For more details, visit 

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FLock AI: Decentralized AI Training

Memes

Is Shiba Inu a good investment? From a whole metaverse to secret NFT projects, find out if SHIB is a long hold or just another memecoin.

Is Shiba Inu a good investment for crypto speculators? This question has been asked countless times despite the meme coin Shiba Inu (SHIB) being available for trading for less than two years. Yet within months of its launch, it was hard to ignore. SHIB saw impressive growth last year, with the price reaching an all-time high (

) of $0.000086 in October 2021 — which is over 150,000 times its starting price of $0.000000000056. 

The past few months have been a tough one for cryptocurrencies, but SHIB has managed to bounce back, rising

The main question now is: Will this popularity continue? Is this just another cryptocurrency bubble that will eventually burst, or is Shiba Inu a good investment that will continue to grow in value? In this article, we’ll take a closer look at the SHIB token, its future road map, factors affecting its price — and whether it’s worth investing in.

Before asking is Shiba Inu a good investment, let’s first run through the origins of the memecoin. Shiba Inu (SHIB) is a decentralized ERC20 token launched on the Ethereum network as a spin-off of the popular meme coin, 

. Meme coins such as Dogecoin and Shiba Inu derive their value based on association with a meme— in both of these cases, the Japanese Shiba Inu dog breed — rather than utility. The token wasn’t originally designed to solve real-world problems. 

Like other meme coins, Shiba Inu began as a parody in August 2020. It was created by an anonymous person or group known by the name 

Shiba Inu launched with a maximum supply of 1 quadrillion SHIB tokens, which made its price lower than other cryptos with similar market caps. The developer(s) locked half of the minted Shiba tokens in Uniswap to reward liquidity providers to SHIB pools on the 

, or decentralized exchanges such as Uniswap, use an automated market maker system in which users can deposit asset pairs into liquidity pools so that other investors can trade them. The outstanding 500 trillion tokens were sent to Vitalik Buterin, the co-founder of Ethereum, to raise awareness with the hope that he wouldn’t sell them (which would render the token worthless). 

SHIB’s excellent run in 2021 meant that Buterin’s holdings were now worth billions of dollars. He gifted 20% of his Shiba Inu tokens (worth over $1 billion) to the COVID Crypto Relief Fund in India, and to another unnamed charity. This gesture, the largest single crypto donation ever made, rocked the crypto world, and established some legitimacy for SHIB. He burned the rest, which helped draw plenty of attention to the meme coin. 

After rallying to dizzying heights in October 2021, the token has dropped by 70% at the beginning of 2022. However, while many other cryptos still struggle, SHIB has rebounded remarkably, retracing 50% by the first week of February. 

SHIB’s resilience in the face of the turbulent cryptocurrency market — despite its lack of utility — is not surprising to keen industry watchers. The meme token is fueled mainly by the hype from its legion of passionate fans, known as the SHIBArmy. These online warriors are dedicated to a singular purpose: promoting the token on social media with the doggedness of an elite fighting force. 

The Shiba Inu Twitter account ballooned to 2.6 million followers within a year of launching. This figure is above that of more prominent and established cryptos such as Ethereum and Solana, with 2.1 million and 1.3 million followers, respectively. While Dogecoin is still ahead with 2.9 million followers, it’s been around since 2013.

This committed fan base has ensured that SHIB remains very much in the public eye. Its survival in the bearish crypto market is a testament to the SHIBArmy’s capability to capture the public imagination and popularize the token. 

Every smart investor considering if Shiba Inu is a good investment knows that a solid project has an ambitious roadmap. Shiba Inu is a meme coin, and was initially designed to rival the popularity of its inspiration, Dogecoin. But this is about to change. Recently, the team behind the token has been developing new projects with it. The first one is ShibaSwap, a DEX launched last year.

There are plans to venture into the metaverse with 

. The Shiba Inu team is also working with 

 game that will use non-fungible tokens (

). NFTs are unique assets represented on a blockchain that cannot be replaced, and may represent real-world objects such as real estate or artwork.

More recently, and perhaps the most ambitious, is the 

, a Layer 2 blockchain built on the Ethereum blockchain by Singaporean blockchain company 

. Shibarium will provide support for fast and low-cost transactions within the SHIBA ecosystem when it launches. 

Hopefully, these projects will propel SHIB from a joke to a significant player with multiple use cases in the crypto space.

Is Shiba Inu a Good Investment for the Future?

Shiba Inu started life as a meme coin and as a joke. However, the Shiba Inu team has lined up several projects to push this “Doge Killer” to leave the meme token pool and graduate to a more useful digital asset. Hopefully, this will make SHIB a more sustainable investment. Here’s a list of the primary projects which are in the works to bolster the Shiba Inu ecosystem and help investors decide if Shiba Inu is a good investment. 

Shiba Inu Metaverse Codenamed “Shiberse”

As one of the bigger news impacting the debate of whether Shiba Inu is a good investment, Shiba Inu developers announced their metaverse project in a February 8, 2020 tweet. Codenamed “Shiberse” in the interim, the project offers plots of virtual “Shiba Lands,” which users can buy on the upcoming metaverse using LEASH tokens. 

Metaverses are blockchain-based virtual worlds where people can interact digitally as they would in the real world. They’ve become popular in recent times and are one of the biggest narratives in crypto. 

The Shiba Inu developers are working on a queue system for land sales, in which users can get a place in the queue based on their LEASH holdings. The idea is to prevent bots from buying up land early at low prices and selling later at higher prices to the SHIB community. 

More Partnerships That Boost SHIB Visibility

Shiba Inu has exclusively partnered with 

, a Naples-based burger restaurant which offers healthy food choices, a value that Shiba Inu developers claim to share. Although currently a single-store restaurant, Welly’s has set its sight on global expansion, aided by its partnership with the widely popular SHIB token. 

The partnership has seen Welly fully transformed into a Shiba Inu-themed restaurant, complete with a rebranded logo reflecting the Shiba Inu persona and a new tagline, “I’m Ryoshi. We eat well.” 

Also, they’ll start accepting SHIB as a means of payment. It gets better: The collaboration will allow users access to related NFTs, which owners may be able to sell for significant profits as the partnership project develops further. 

Members of the Shiba Inu community will also have a say in managing the joint enterprise through the Doggy 

 — the in-house decentralized autonomous organization. 

Another part of the ambitious road map for Shiba Inu is the planned release of the TREAT token. This is their fourth token, after releasing SHIB coin, LEASH and BONE. Details about the new tokens haven’t yet been made public. 

For a meme coin without any use cases, SHIB has achieved notable milestones. Some highlights

In November 2021, the number of wallets holding SHIB passed the 1 million mark, 

 CertiK. This landmark was announced in a celebratory tweet congratulating the ShibArmy. The news triggered another rally of the meme coin, and by November 25, SHIB had risen by 33%.

Ability to Buy SHIB from Major Exchanges Like Bybit and Binance

Getting listed on new exchanges goes a long way toward determining a digital asset’s success. Listings make the token more accessible, since more investors can easily buy and sell them. This generally has a positive impact on the token’s valuation.

Top trading exchanges including Binance, Bybit, Huobi, Coinbase, Gemini and FTX have listed the SHIB meme token. Getting listed on these trading platforms is no easy feat, and for good reason. 

Listing a scam token would severely impact the credibility of an exchange, and exchanges generally conduct thorough due diligence to check that tokens aren’t scams. However, just because a token is listed on an exchange doesn’t guarantee its safety. 

The token also needs to be popular. A new token usually has to have a successful ICO (initial coin offering) before being listed. If the token isn’t sold out, an exchange might be wary about listing it because it signals low demand on the secondary market. 

The ShibaSwap exchange is an in-house decentralized exchange of the Shiba ecosystem. Launched in July 2021, ShibaSwap — like UniSwap and other DEXs — allows users to trade tokens directly without intermediaries or central authorities. In this way, it differs from centralized exchanges such as Binance and Bybit. 

ShibaSwap’s exchange runs on Shiba Inu’s native token, SHIB, and their other ERC20 tokens — BONE and LEASH. BONE is the governance token of the Shiba ecosystem, and features prominently on the Doggy DAO. LEASH, nicknamed “Doge Killer,” was initially launched as a rebase token to track the price of Dogecoin, but is now independent. It serves as the main store of value for Shiba Inu’s investors. 

Apart from trading or swapping Shiba Inu ecosystem tokens — SHIB, LEASH and BONE — ShibaSwap allows users to provide liquidity (‘digging’) and get rewarded with ShibaSwap liquidity pool tokens. Users can also stake (“bury”) the tokens and earn high interest paid in BONE tokens. 

ShibaSwap also serves as a marketplace for the popular Shiboshi NFTs.

 are 10,0000 unique, pixelated Shiba Inu dog cartoons, represented as non-fungible tokens (NFTs). Each of these Shiboshis has different traits and varying degrees of rarity. 

The different traits — such as laser eye (useful for long-distance attacks) — will be incorporated into the proposed Shiba Inu game. 

Users can buy and sell Shiboshis on ShibaSwap with zero fees. Shiboshis are also available on the OpenSea marketplace. 

With the popularity of the newly launched Shiboshi NFTs (they sold out in under one hour) — and the corresponding positive impact on the Shiba ecosystem — the Shiba Inu teams are planning to deploy more NFTs. Although the details are sketchy, the NFT launches will likely follow the same playbook used in the successful launch of Shiboshis, with plenty of publicity buildup beforehand. 

DAOs, or decentralized autonomous organizations, are communities of like-minded individuals created with an objective and collectively owned and governed by them without a centralized authority. 

, Shiba Inu’s native Doggy DAO will launch sometime in 2022. As the next logical step in expanding the growing Shiba ecosystem, the Doggy DAO will allow users to guide the future trajectory of Shiba Inu through community governance.

Based on their BONE token holdings, community members will have voting rights that they can use to influence decisions on crypto projects and trading pairs, and to make proposals for consideration. The more BONE you hold, the more power you have to influence future endeavors in the Shiba ecosystem. 

To prevent crypto whales (investors who tend to buy tremendous amounts of tokens all at once) from gaming the system, the Shiba Inu developers intend to implement a guardians 6/9 wallet to make the final decisions on new trading pairs.

In December 2021, Shiba Inu signed an agreement with Australian game developer 

 and ZipProof’s William Volk to work on a multiplayer collectible card game. 

The game will feature 1,000 SHIB-inspired cards and will launch as a blockchain NFT title. The Shiboshi NFTs will also play a definitive role in enhancing gameplay.

There will be two versions of the game— a classic mobile game for casual players, and the play-to-earn, NFT-based game. 

The upcoming games have generated considerable buzz in the NFT gaming space. However, avid gamers might have to wait for some time. The game developers project they could become available to the general public in July 2023.

Part of the expansionist agenda of the Shiba Inu community is a dedicated marketplace known as ShibaNet. It could prove to be one of the developments that will significantly impact SHIB’s prospects as a valuable cryptocurrency when asking yourself is Shiba Inu a good investment. 

The upcoming project is a decentralized marketplace which will allow users to freely buy and sell digital assets, products and services using resources within the Shiba Inu ecosystem. 

SHI is a proposed stablecoin pegged to $0.01 to make it even more stable. It’s going to be the primary means of exchange on ShibaNet. The Shiba Inu development team ambitiously aims to make SHI a global currency, acceptable everywhere. 

ShibaNet will run on the much-awaited Layer 2 Shibarium blockchain. This means it will avoid Ethereum’s high gas fees and enable fast transactions.

The Bottom Line: Is Shiba Inu a Good Investment?

So, is Shiba Inu a good investment? It’s a little complicated. On the one hand, it’s clear that SHIB has seen some impressive growth in recent months, and there’s no reason to believe this trend won’t continue. But with such high volatility in the cryptocurrency market, it’s impossible to say for sure whether the value of SHIB will continue to grow, given its status as a meme coin that’s devoid of practical use cases.

A more significant factor which will determine the future of SHIB is the myriad of projects that the Shiba Inu dev team has lined up. These projects and schemes are ambitious. They aim to move SHIB from a cryptocurrency associated with online jokes and fueled by hype to a more utility-based asset. When these plans go through, there’s an excellent chance that the former meme coin will now earn its rightful place as a solid digital asset worth keeping an eye on.

By taking all this into account when discussing is Shiba Inu a good investment, one thing’s for sure. The future certainly looks busy and promising for SHIB.

Is Shiba Inu a Good Investment: SHIB to $0.01, or Just Another Meme Coin?

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