CandleFocus Shiba Inu’s big bet: $2.35 billion Blockchain Hub sends SHIB price higher
2024-11-05
Author: Content Editor
Shytoshi Kusama, the developer of Shiba Inu, has introduced a project called the Strategic Hub for Innovation in Blockchain (S.H.I.B.), with the aim of positioning the United States as a global leader in blockchain technology. The project proposes a centralized hub for blockchain development, focusing on infrastructure development, economic incentives, talent cultivation, and sustainability practices. The estimated cost of the project over the next decade is between $1.3 billion and $2.35 billion. The initiative has garnered attention and excitement within the cryptocurrency community, leading to a 6.2% increase in the price of Shiba Inu. It is expected to generate jobs and contribute to the local economy. The proposal has sparked speculation and optimism in the cryptocurrency market.
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