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The main developer of Shiba Inu, Shytoshi Kusama, has indicated significant progress in the ambitions of the project. Kusama's statements, which were shared on X (formerly Twitter), provide insights into the strategic orientation of Shiba Inu and its integration into the broader Internet infrastructure.

In allusion to the fake spot news about the approval of Bitcoin ETFs, Kusama said: "Hey, SHIBARMY! While everyone focusses on whether approved or not, hacked or not, we continued to focus on creating what we promised: a network status. Since I listen to a lot of Web 3, but not enough WEB, we are talking about SHIB NAME TOKENS."

Kusama explained the orientation of the project and emphasised the importance of domains in the digital world: "Domains are the identity layer of the Internet. For 40 years, they have made the use of the Internet easier for everyone. If you enter something in your browser, you will be taken to the Shib website. What if you could do more?"

In order to increase acceptance, Shiba Inu works with D3 to apply for the top-level domain (TLD) .shib, with the aim of having a significant impact on the Internet landscape. "This allows us to open up the infrastructure used by 5.3 BILLION people worldwide," Kusama noted and emphasised the wide scope of this project.

The plan provides for the use of domains to set up a seamless identity layer for Shib throughout the Internet without the need for special software, wallets, plugins or extensions. This step could dramatically simplify user interaction with the Shiba Inu ecosystem and potentially revolutionise digital identity verification and interaction on Web3 platforms.
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Here is When Shiba Inu Could Reach
$0.00017, $0.00024 and $0.00038

Analysis Overview: Why Is Shiba Inu Gaining Traction?

Shiba Inu enthusiasts are eagerly eyeing key price milestones, and Changelly, the crypto exchange platform, has provided insights into when these targets might be achieved.
Current Position and Sentiment Analysis:

Shiba Inu (SHIB) is currently trading at $0.00001052, maintaining positions above its 50-day EMA ($0.00000943) and 200-day EMA ($0.00000821).Sentiment analysis reveals a bullish trend with a significant 71% in favor, attributing this positivity to SHIB's impressive performance over the past month, marking gains in 21 out of 30 days.

Year-End Projection:
Changelly's research team anticipates SHIB to close the year at $0.0000111 on December 31, projecting a 5.6% increase. Overcoming resistance at $0.00001106 is crucial for
achieving this target.

Future Milestones:
January 28, 2024: $0.00001151The team predicts continued growth, foreseeing SHIB reaching $0.00001151.2025: Entering the $0.00002 Territory

Changelly forecasts an average price of $0.00002299 for 2025, suggesting sustained upward momentum.

2029: Removing a Zero at $0.0001029The team envisions SHIB deleting a zero in 2029, with an average price of $0.0001029.

2030: Achieving
$0.00017Changelly predicts SHIB hitting $0.00017 a year later, in 2030.2031: $0.00024
- The Maximum Price
The team sees $0.00024 as the peak for Shiba Inu in 2031, projecting a 2,181% price appreciation.

Cautionary Note:
2032: Crossing Psychological
Thresholds Changelly expects SHIB to surpass $0.0003 in 2032, setting the stage for a remarkable rally to $0.00038.

📝 Cautionary Note
While these projections are optimistic, the unpredictable nature of the crypto market mandates caution. Investors should navigate with prudence.

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