During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto protocol have announced the launch of a “Doggy DAO” in order to give more power to shiba inu users.
Shiba Inu Project Announces Doggy DAO
The second-largest crypto meme token in terms of market capitalization, shiba inu (SHIB), has announced the launch of a “Doggy DAO” in order to reward SHIB users. The SHIB development team says the project has always focused on “working towards decentralization.” The meme token has propelled itself into the limelight this year, gathering 43,685,107% against the U.S. dollar in 12 months, and getting listed on numerous crypto platforms, as well as gathering merchant acceptance.
On January 1, 2022, SHIB has been swapping for prices between $0.00
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