The Shiba Inu dog behind the iconic meme, has passed away. This meme became the face of popular cryptocurrencies, Dogecoin and Shiba Inu. Balltze’s demise on the 18th of August, after a fight with cancer, was met with profound grief, especially from the Dogecoin Foundation who commemorated the dog’s influential legacy.
Does Dogecoin have a Future?
Elon Musk’s affection for Dogecoin is well-known. However, concerns arise when evaluating its future, particularly in terms of its development and tokenomics. There’s been a noticeable lull in the Dogecoin foundation’s activity, with no significant updates since the end of 2022. Their stance on Dogecoin’s uncapped tokenomics has raised eyebrows, with some questioning the clarity of their statement on its issuance limits over time.
Shiba Inu Future Ahead
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 ‘ShibPaper’ is also creating buzz, promising a revolutionary system for governance and management in the crypto realm.
Real Estate and Crypto: A Match Made in Heaven?
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.