Shiba Inu K9 Mainnet can 50X as soon as it starts.
The Shiba Inu coin could see a flash very soon. Recent developments in the shib ecosystem are raising feelings of cruelty. Just last week, Shibarium received a major bore upgrade and a Cancun hard fork to boost performance, safety and expandability. Adding to these developments, the Shiba inu launched the K9 mainnet 12 hours ago. Let's explore what this core network is and how it can help Shiba Innu gain greater exposure and increased value.
Launch K9 Mainnet
Shib's Marketing Lead, Lucy, shared the details of this new product from her X account, the wait is over.
K9 Finance Dao is an official Shibarium project and has launched a platform for Shibarium liquidation with the main network. This latest product is called Bone Crusher. Shiba users can now redeem Ethereum $BONE on Shibarium and earn $knBON, which can be used for farming rewards on the K9 platform. According to Shibarium Network X-Post, the new product has major components. This includes liquid stock for $BONE, real production at $KNINE, farming at $knBONE and vesting at $esKNINE.
How does this help the Shiba Inu?
Launching a K9 mainnet will increase the use of the Shibarium and increase the value of the Shiba Inu. It took the team about a year to develop and launch this product. According to data from Difilama, Shibarium currently has a total of $1.21m locked up in total value, with the new liquid inventory feature helping it to increase.
As the volume of transactions at the shibarium increases, the burn rate increases, ultimately reducing the supply. This cycle pushes the value of the Shiba Inu higher.
A chart that supports the launch
The Shiba Inu is making a remarkable recovery after this start. We can see from the chart that the price has seen a 7.61% increase since this launch and is currently trading at $0.00001396. Even the RSI has more than doubled from 35 points to 72.83. Actuaries in favor of rising prices are all entering the scene. And this all happened just a few hours after the launch of the K9 Mainnet.
look forward
A rise in Shiba Inu prices within hours of K9's launch suggests a great bull period for him. The way Shiba team brings new updates and products shows their commitment to the project. The Shib community is always ready to support the project by immediately accepting new launches and driving traction. All the news features will no doubt increase Shiba's price to 50x in no time.
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