Crypto Updates

Shiba Inu Project Timelines Unveiled, SHIB Price Readies To Soar

Shiba Inu price

Shiba Inu marketing lead Lucie has given an insight into the timeline for the upcoming developments of the project, sending the SHIB army into a tizzy. Speaking via X (formerly Twitter), Lucie provided a glimpse into the roadmap after a meeting with the project’s lead, Shytoshi Kusama.

Lucie stated, “After meeting with Shytoshi Kusama, I can’t reveal much, but I can say one thing: The goal is to have everything finished by the end of this year. The whole vision should be completed by 2024/2025. It’s not a promise, but that’s the goal.”

This ambitious timeline suggests a rapid pace of development for the Shiba Inu ecosystem. The marketing lead emphasized the potential impact of these developments on the Shibarium, BONE, and the SHIB token itself, particularly highlighting the role of decentralized applications (dApps) and strategic partnerships.

“With every dapp usage on Shibarium and many significant partnerships in the works, it should have an amazing impact on Shibarium, BONE, while also contributing to burning SHIB,” she said.

Lucie further elaborated on the significance of the DAO, stating, “The Dao will showcase the real power of LEASH and Shiboshis.” Furthermore, the Shiba Inu team appears to be gearing up for another step forward with the SHIB Metaverse, with Lucie teasing, “As for the Shib the Metaverse… well, we will see. One world, one financial state. All hail to the real holders!”

Shiba Inu Price On The Verge Of A Breakout?

The SHIB cryptocurrency is currently exhibiting signs of consolidation within a descending channel pattern, hinting at a potential breakout in the near term. As of the latest data, SHIB trades at $0.00000904 against the US dollar on the Coinbase exchange, with a modest 1.8% decrease in the last 24-hours.

Technical analysis of the SHIB/USD pair in the 4-hour indicates that the price is oscillating within a descending channel, which is typically considered a bearish pattern but can lead to a bullish breakout if the price breaches the upper boundary. The price has touched the larger trend line support derived from the weekly chart, suggesting a strong historical support level.

SHIB price, 4-hour chart | Source: SHIBUSD on

The Exponential Moving Averages (EMAs) on the 4-hour chart provide key levels to watch. The 200-EMA ($0.00000938), 20-EMA, 50-EMA, and 100-EMA are layered above the current price, with the 200-EMA acting as the most important…

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