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The Shiba Inu dog behind the iconic meme, has passed away. This meme became the face of popular cryptocurrencies, Dogecoin and Shiba Inu. Balltzeās demise on the 18th of August, after a fight with cancer, was met with profound grief, especially from the Dogecoin Foundation who commemorated the dogās influential legacy.
Elon Muskās affection for Dogecoin is well-known. However, concerns arise when evaluating its future, particularly in terms of its development and tokenomics. Thereās been a noticeable lull in the Dogecoin foundationās activity, with no significant updates since the end of 2022. Their stance on Dogecoinās uncapped tokenomics has raised eyebrows, with some questioning the clarity of their statement on its issuance limits over time.
In contrast to Dogecoin, Shiba Inu boasts a vibrant community and a proactive team of developers. They recently unveiled the Shibarium, though it faced initial hiccups that caused a temporary halt. Nevertheless, developer Kusama responded confidently, ensuring that security concerns were addressed. More validators are joining the network, enhancing its security. The soon-to-be-released āShibPaperā is also creating buzz, promising a revolutionary system for governance and management in the crypto realm.
The crypto world is buzzing with the potential of tokenizing real-world assets, particularly in the real estate sector. A certain project aims to democratize property ownership, allowing individuals to invest in fractions of vacation properties globally. Such initiatives offer a beacon of financial inclusion in an era of dwindling trust in traditional financial systems. By tokenizing properties, investors stand to gain from rental incomes and appreciate property values.
Thanks to Shibarium, many are anticipating that those two worlds may collide in the future. SHIB prices have seen higher volatility than DOGE because of such anticipation. However, it is easy to talk and dream. Currently, there is nothing concrete other than he launch of Shibarium. Once this is done, the roadmap should reflect more material goals.
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