{"id":556509,"date":"2023-10-22T14:40:39","date_gmt":"2023-10-22T14:40:39","guid":{"rendered":"https:\/\/wncen.com\/?p=556509"},"modified":"2023-10-22T11:20:07","modified_gmt":"2023-10-22T11:20:07","slug":"new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/","title":{"rendered":"New SHIB-Based Token On The Way? Shiba Inu Team Member Shares Important Update"},"content":{"rendered":"

The Shiba Inu ecosystem is one of the <\/span>fastest growing communities<\/span><\/a> in the crypto industry. The meme cryptocurrency has come a long way in a short time with lots of tokens and updates to its ecosystem, but it certainly still has a long way to go. In a recent not-so-surprise announcement, a core member of the Shiba Inu team hinted that a new stablecoin called Shi may be in the works. If the rumors are true, this could be huge news for SHIB holders and open up a whole new world of possibilities within the Shiba Inu ecosystem.<\/span><\/p>\n

Related Reading: Solana On Fire With Over 34% Rally Within A Week \u2013 Details<\/a><\/div>\n

New SHIB-Based Token On The Way<\/b><\/h2>\n

Taking to a post on social media platform X, Vet Kusama, a member of the Shiba Inu team, talked about the purpose of a stablecoin earlier highlighted by SHIB founder Ryoshi. Shi would be a stablecoin, meaning a cryptocurrency pegged 1:1 to a fiat currency like the U.S. dollar to keep its value stable.<\/span><\/p>\n

\n

Ok. What is Shi?
\nShi is part of the shiba ecosystem that will serve as a stablecoin in the shibarium chain.<\/p>\n

In article Ryoshi talked about Shi, although not technically, what Shi’s purpose was.<\/p>\n

So why do we need a stablecoin?
\nStable currencies play a major role in projects\u2026 pic.twitter.com\/JPoB2d1Oux<\/a><\/p>\n

\u2014 Vet KUSAMA \u2122 (@vetkusama) October 19, 2023<\/a><\/p><\/blockquote>\n

As demonstrated by BUSD on the BSC chain, the concept of a stablecoin is to give investors a chance to participate in the cryptocurrency sector while experiencing lower levels of volatility. Vet Kusama draws a parallel to BUSD, noting that the workings of the SHI on Shibarium would be likened to BUSD on the BSC chain.\u00a0<\/span><\/p>\n

There are no doubts about what a stablecoin would do for Shiba Inu, as it would give the overall ecosystem more utility and, according to Kusama, a ‘trading volume growth.’\u00a0<\/span><\/p>\n

We still don’t know the specifics of how Shi will work, as no official information has been released. However, the team member did mention that there would be no pre-purchases or airdrops.\u00a0<\/span><\/p>\n

Related Reading: Stacks (STX) Rockets 26% Higher In A Single Week: The Factors At Play<\/a><\/div>\n

<\/h2>\n
SHIB market cap currently at $4.125 Billion chart: TradingView.com<\/a><\/pre>\n
What\u2019s Next For Shiba Inu?<\/b><\/h2>\n
The Shiba Inu ecosystem is already home to <\/span>SHIB<\/span><\/a>, BONE, and LEASH tokens that users can stake, swap, or deposit into liquidity pools on ShibaSwap. These tokens are all <\/span>doing relatively well<\/span><\/a> with many investors and <\/span>whale accumulation<\/span><\/a> occasionally. However, a SHIB-based stablecoin could attract new investors to the Shiba Inu ecosystem, especially those who don’t want to be exposed to crypto volatility.\u00a0<\/span><\/p>\n
Shi may also make it easier for Shiba Inu holders to buy and sell goods or services using their crypto, as demonstrated by the fish vendor example given by Ryoshi in a <\/span>Medium article<\/span><\/a>.<\/span><\/p>\n
On the other hand, crypto whale transaction tracker Whale Alerts has revealed a massive transaction of SHIB tokens between two unknown wallets. According to the tracker, 4.5 trillion SHIB worth $32.1 million was recently transferred from an unknown wallet to another unknown wallet.<\/span><\/p>\n
\n
\ud83d\udea8 \ud83d\udea8 4,544,030,677,374 #SHIB<\/a> (32,142,200 USD) transferred from unknown wallet to unknown wallethttps:\/\/t.co\/Y7jvL2qtJV<\/a><\/p>\n
\u2014 Whale Alert (@whale_alert) October 21, 2023<\/a><\/p><\/blockquote>\n
Featured image from Capital.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
The Shiba Inu ecosystem is one of the fastest growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time with lots of tokens and updates to its ecosystem, but it certainly still has a long way to go. In a recent not-so-surprise announcement, a core member of the Shiba Inu team hinted that a new stablecoin called Shi may be in the works. If the rumors are true, this could be huge news for SHIB holders and open up a whole new world of possibilities within the Shiba Inu ecosystem. Related Reading: Solana On Fire With Over 34% Rally Within A Week \u2013 Details New SHIB-Based Token On The Way Taking to a post on social media platform X, Vet Kusama, a member of the Shiba Inu team, talked about the purpose of a stablecoin earlier highlighted by SHIB founder Ryoshi. Shi would be a stablecoin, meaning a cryptocurrency pegged 1:1 to a fiat currency like the U.S. dollar to keep its value stable. Ok. What is Shi? Shi is part of the shiba ecosystem that will serve as a stablecoin in the shibarium chain. In article Ryoshi talked about Shi, although not technically, what Shi’s purpose was. So why do we need a stablecoin? Stable currencies play a major role in projects\u2026 pic.twitter.com\/JPoB2d1Oux \u2014 Vet KUSAMA \u2122 (@vetkusama) October 19, 2023 As demonstrated by BUSD on the BSC chain, the concept of a stablecoin is to give investors a chance to participate in the cryptocurrency sector while experiencing lower levels of volatility. Vet Kusama draws a parallel to BUSD, noting that the workings of the SHI on Shibarium would be likened to BUSD on the BSC chain.\u00a0 There are no doubts about what a stablecoin would do for Shiba Inu, as it would give the overall ecosystem more utility and, according to Kusama, a ‘trading volume growth.’\u00a0 We still don’t know the specifics of how Shi will work, as no official information has been released. However, the team member did mention that there would be no pre-purchases or airdrops.\u00a0 Related Reading: Stacks (STX) Rockets 26% Higher In A Single Week: The Factors At Play SHIB market cap currently at $4.125 Billion chart: TradingView.com What\u2019s Next For Shiba Inu? The Shiba Inu ecosystem is already home to SHIB, BONE, and LEASH tokens that users can stake, swap, or deposit into liquidity pools on ShibaSwap. These tokens are all doing relatively well with many investors and whale accumulation occasionally. However, a SHIB-based stablecoin could attract new investors to the Shiba Inu ecosystem, especially those who don’t want to be exposed to crypto volatility.\u00a0 Shi may also make it easier for Shiba Inu holders to buy and sell goods or services using their crypto, as demonstrated by the fish vendor example given by Ryoshi in a Medium article. On the other hand, crypto whale transaction tracker Whale Alerts has revealed a massive transaction of SHIB tokens between two unknown wallets. According to the tracker, 4.5 trillion SHIB worth $32.1 million was recently transferred from an unknown wallet to another unknown wallet. \ud83d\udea8 \ud83d\udea8 4,544,030,677,374 #SHIB (32,142,200 USD) transferred from unknown wallet to unknown wallethttps:\/\/t.co\/Y7jvL2qtJV \u2014 Whale Alert (@whale_alert) October 21, 2023 Featured image from Capital.com<\/p>\n","protected":false},"author":594,"featured_media":556526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[6664,84471,83668,83667],"class_list":["post-556509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-meme-coin","tag-shib","tag-shiba-inu"],"acf":[],"yoast_head":"\nNew SHIB-Based Token On The Way? Update<\/title>\n<meta name=\"description\" content=\"The Shiba Inu ecosystem is one of the fastest growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time with\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New SHIB-Based Token On The Way? Update\" \/>\n<meta property=\"og:description\" content=\"The Shiba Inu ecosystem is one of the fastest growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time with\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-22T14:40:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-22T11:20:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282\" \/>\n\t<meta property=\"og:image:width\" content=\"552\" \/>\n\t<meta property=\"og:image:height\" content=\"282\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"New SHIB-Based Token On The Way? Shiba Inu Team Member Shares Important Update\",\"datePublished\":\"2023-10-22T14:40:39+00:00\",\"dateModified\":\"2023-10-22T11:20:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/\"},\"wordCount\":545,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282\",\"keywords\":[\"crypto\",\"meme coin\",\"SHIB\",\"Shiba Inu\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/\",\"url\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/\",\"name\":\"New SHIB-Based Token On The Way? Update\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282\",\"datePublished\":\"2023-10-22T14:40:39+00:00\",\"dateModified\":\"2023-10-22T11:20:07+00:00\",\"description\":\"The Shiba Inu ecosystem is one of the fastest growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time with\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282\",\"width\":552,\"height\":282,\"caption\":\"Shiba Inu\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New SHIB-Based Token On The Way? Shiba Inu Team Member Shares Important Update\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"New SHIB-Based Token On The Way? Update","description":"The Shiba Inu ecosystem is one of the fastest growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time with","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/","og_locale":"en_US","og_type":"article","og_title":"New SHIB-Based Token On The Way? Update","og_description":"The Shiba Inu ecosystem is one of the fastest growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time with","og_url":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-10-22T14:40:39+00:00","article_modified_time":"2023-10-22T11:20:07+00:00","og_image":[{"width":552,"height":282,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282","type":"image\/png"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"New SHIB-Based Token On The Way? Shiba Inu Team Member Shares Important Update","datePublished":"2023-10-22T14:40:39+00:00","dateModified":"2023-10-22T11:20:07+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/"},"wordCount":545,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282","keywords":["crypto","meme coin","SHIB","Shiba Inu"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/","url":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/","name":"New SHIB-Based Token On The Way? Update","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282","datePublished":"2023-10-22T14:40:39+00:00","dateModified":"2023-10-22T11:20:07+00:00","description":"The Shiba Inu ecosystem is one of the fastest growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time with","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282","width":552,"height":282,"caption":"Shiba Inu"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"New SHIB-Based Token On The Way? Shiba Inu Team Member Shares Important Update"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"New SHIB-Based Token On The Way? Shiba Inu Team Member Shares Important Update","url":"http:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto","meme coin","shib","shiba inu"],"dateCreated":"2023-10-22T14:40:39Z","datePublished":"2023-10-22T14:40:39Z","dateModified":"2023-10-22T14:40:39Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"New SHIB-Based Token On The Way? Shiba Inu Team Member Shares Important Update\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/new-shib-based-token-on-the-way-shiba-inu-team-member-shares-important-update\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/a-82.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/a-82.png?fit=552%2C282\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto\",\"meme coin\",\"shib\",\"shiba inu\"],\"dateCreated\":\"2023-10-22T14:40:39Z\",\"datePublished\":\"2023-10-22T14:40:39Z\",\"dateModified\":\"2023-10-22T14:40:39Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/a-82.png?fit=552%2C282","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/556509"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=556509"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/556509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/556526"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=556509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=556509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=556509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}