In a significant gust of developments witnessed across the Shiba Inu ecosystem recently, LUCIE, the meme coin’s marketing lead, revealed the community’s plans to launch KNINE, a liquid staking derivatives token, on Shibarium shortly ahead. This comes as a result of Shiba Inu’s recent partnership with K9 Finance, a DeFi platform leveraging the Shiba Inu L2, Shibarium.
As reported by Coingape media earlier this month, Shiba Inu’s partnership with K9 zeroes in on facilitating seamless BONE staking on Shibarium. Now, with the community’s plans to launch KNINE on March 7, 2024, Shibarium readies itself as a plethora of new features await amalgamation onto the L2.
Meanwhile, SHIB’s price noted a drop as of press time after showcasing remarkable jumps yesterday. The price movement appears to be contrasting the staggering advancements showcased by Shiba Inu’s community, fueling speculations over its run to $0.00001 ahead.
KNINE Launch Rides The Predominant Wave Of Developments
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