• Shytoshi Kusama announced that big updates are coming soon for Shiba Inu’s ecosystem.
  • A new layer-3 network and increased token utility may boost the project’s future.
  • Shiba Inu’s congregation is eager to see how these changes will reshape its strategies.

Shytoshi Kusama, the original developer of Shiba Inu, announced that important changes are coming to the SHIB ecosystem next week. He made these comments during the Token 2049 conference in Singapore, and they quickly caught the ire of the coin’s supporters. Kusama’s recent posts on X, formerly Twitter, hinted at the possible launch of a layer-3 network, which could impact the future of Shiba Inu.

The Importance of TREAT Token in Shiba Inu’s Growth

Kusama’s X biography now says “Preparing to Treat the generals,” which led to doubts about a new layer-3 network. Earlier this year, the Shiba Inu crew raised $12 million through TREAT credential sales. The company believes these tokens will play an important role in the platform’s governance and utility. The new consortium could improve the Shiba Inu framework by offering more use cases for the digital token.

Shiba Eternity Progress Update

We appreciate your excitement and patience as we work towards the launch of Phase 2. While we’ve encountered some unexpected challenges that are taking a bit more time to resolve, our team is focused on ensuring everything is just right for the… pic.twitter.com/X55597sXP2

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) September 25, 2024

The coin introduced Shibarium last year, a layer-2 network aimed at speeding up wire transfers and lowering fees. Yet, its mainnet did not gain as much interest as expected. Therefore, the possible layer-3 network could solve these issues and give users more reasons to invest in the project.

Lucie Promotes DeFi and Security Awareness

Meanwhile, Lucie, Shiba Inu’s marketing lead, encouraged users to switch from centralized exchanges to decentralized finance . She urged the Shiba Inu community to learn more about using decentralized wallets. Lucie also emphasized the benefits of using Shibarium since it offers lower fees and faster transactions.

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Lucie used the recent WazirX hack as a warning about the risks of centralized exchanges. She stated that while DeFi offers a safer option, users still need to be careful of online scams such as social media bots and fake websites. Lucie suggested that users should take precautions while using DeFi to protect themselves from these threats.

What Does the Layer-3 Network Mean for Shiba Inu?

The potential launch of a layer-3 network and the increasing use of TREAT tokens bring important questions. Will these changes make Shiba Inu more than just a meme coin and improve its utility? As the Shiba Inu ecosystem continues to grow, the community will keep watching for more updates.

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