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Amid recent dizzying developments within the Shiba Inu ecosystem, memecoin marketing lead Lucy shared a notable post about X, sparking speculation about future SHEboshi listings. His SHEboshi, a DN404 test token, is his ERC 404 token standard that received notable attention soon after its release.
The DN404 test token appears to be gathering positive sentiment within the broader crypto market as the Shiboshi crypto community introduced SHEboshi as a jackup to the existing Shiboshi. Meanwhile, the Shiba Inu token, SHIB, is trading in the green at the time of writing, in line with the progress seen within the Shiba Inu ecosystem. Derivatives data further suggests an uptrend within the market and reflects the rise in his SHIB today.
Lucy’s post inspires optimism
According to Lucie’s post, SHEboshi will serve as a partner for Shiboshi, an NFT in the Shiba Inu ecosystem. The overall breeding program and Shiba Eternity P2E lineup awaits integration into the ecosystem, driving further optimism for the Shiba Inu market. As her Sheboshi inventory depletes shortly after its launch, new buzz surrounding DN404 is reinvigorating her SHIB crypto venture.
“Listing will happen! Please look forward to breeding! ” – Lucy says in her post. This has stimulated further speculation among crypto market enthusiasts as preparing Shiba Inu for a paradigm shift in the broader crypto market.
Also read: XRP lawyer finds Ripple vs. SEC settlement ‘unlikely’, here’s why
Shiba Inu prices are rising
At the time of writing, Shiba Inu price has increased by 1.25% in the past 24 hours and is currently trading at $0.000009566. Memecoin’s market capitalization increased by 1.31% to $5.63 billion, while trading volume increased by 9.81% to $152.37 million.
According to Coinglass data, SHIB’s open interest surged 3.57% while volume increased by 11.75%. This created a bullish view on SHIB and suggested an uptrend in the market. As the community continues to revolutionize crypto ventures with notable developments and SHIB burns, traders and investors in the crypto market are looking forward to further price moderation.
Also read: COPA trial: Craig Wright’s Satoshi claims come under scrutiny amid major revelations
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