The meme-inspired Shiba Inu cryptocurrency that rose to fame earlier in 2021 has maintained its spot as the 15th largest cryptocurrency by market capitalization and has a current trading volume of $148.3 million. Huobi, the 11th largest crypto exchange, recently held an AMA session with the Shib Army moderators to discuss the plans of the project moving forward.

Mazrael, moderator of the Shib Army, highlighted how the transition from 'meme token' to respected crypto project was made possible due to dedicated developers. Specific reference was made to the layer two blockchain, Shibarium Shiba Inu 2, which is currently in the testnet stage and will eventually will include “cutting-edge technology such as A.I.”. Additionally, a mobile game titled "Shiboshis" has been created and is expected to be released to fans in the near future.

Moreover, the various projects that are to come are likely to be largest visualized by The Third Floor, the same studio behind a number of Hollywood favorites, including Marvel's Avengers and Star Wars films.

The moderators of the Shib Army discussed macroeconomic conditions and their potential influence on adoption rates within the cryptocurrency industry generally. There was mention of an increased "liquidity pump" in the Bitcoin market, which would help to sustain longer rallies of higher volume, but this would mean waiting until the end of 2023 and relying on the progress of US crypto regulation.

In conclusion, meme tokens, like Shiba Inu, led the way in creating the 2021 bull-run in crypto adopters and served as a key gateway between non-crypto natives. Moving forward, it may be difficult to say if this will be repeated in the next cycle; it is yet to be seen.



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