The team behind the Shiba Inu ecosystem releases the final 2024 issue of Shib Magazine, reflecting on the transformative journey the cryptocurrency has experienced this year.
According to the team, 2024 was a year of monumental growth as Shiba Inu grew from its meme origins into a global crypto powerhouse. This significant achievement was driven by strategic partnerships, innovation, community-driven initiatives and a rapidly growing ecosystem.
Shiba Inu’s review of 2024
In particular, the magazine provided a summary of Shiba Inu’s key milestones in 2024.
SHEboshi’s NFT phenomenon
Shiba Inu started 2024 in style as its SHEboshi NFT collection sold out instantly in February. As previously reported, the 20,000 units of SHEboshi NFTs sold out within five minutes of the start of the second phase of minting.
Shiba Inu partnerships
In March, the team behind the Shiba Inu ecosystem partnered with ZAMA to facilitate the integration of Fully Homomorphic Encryption (FHE), improving user security and privacy.
A few months later, the team partnered with D3 to launch Shib Name Service (SNS). This collaboration enabled users to secure .shib domains in their wallets, furthering Shiba Inu’s vision of becoming a comprehensive blockchain ecosystem with enormous utility.
Additionally, in February, Shiba Inu announced K9 Finance DAO as its official liquid staking and derivatives (LSD) partner. K9 then launched its LSD platform on Shibarium, increasing the Total Value Locked (TVL) on the blockchain astronomically.
Earlier this month, the team also partnered with Chainlink to…