In a significant leap towards mainstream adoption, Shiba Inu (SHIB) has joined an elite cadre of cryptocurrencies accepted for funding on the Crypto.com Visa Card. This development marks a pivotal moment for the Shiba Inu community, further solidifying SHIB’s position in the evolving landscape of digital assets.
The Rise of Shiba Inu
On Aug. 20, 2023, a seismic shift rippled through the crypto sphere as a colossal Shiba Inu (SHIB) token transfer unfolded at precisely 4:37:23 p.m. UTC. This event captured the attention of investors and enthusiasts alike, propelling SHIB into the spotlight.
Shiba Inu’s Privacy Tech
Although the new privacy network is yet to be named, the shielded transactions will be powered by the TREAT token as an incentive. The Shiba team says this move will enhance on-chain privacy for SHIB token holders and help protect their personal and transaction data.
ShibaSwap 2.0 Unveiling
Meanwhile, the Shiba Inu community has been making waves in the crypto space, significantly reducing the circulating supply of SHIB. According to Shibburn data, nearly half a billion SHIB was burned in the last week alone.