Shiba Inu Coin’s lead developer, Shytoshi Kusama, has spotlighted a new partnership with Mass Build, aimed at introducing a “financial layer of the Shiba state” to the SHIB ecosystem, powered by AI-driven solutions. This collaboration has sparked optimism among crypto enthusiasts, as it promises to enhance the ecosystem’s financial infrastructure.
The partnership, announced on Shiba Inu’s official X account on October 14, aims to integrate AI-driven legal and fiscal capabilities into the SHIB ecosystem, with support from the online payments company Stripe, which is also a partner of Mass Build. Kusama confirmed that this is the same partnership mentioned earlier at the ETHToronto event. Another developer, Kaaldhairya, also highlighted the partnership, describing it as building the “ulti-mutt financial layer” for the Shiba network.
The announcement coincided with a price increase for Shiba Inu (SHIB) and Doge Killer (LEASH), both trading higher today. SHIB saw a nearly 3% gain, reaching $0.00001836, while LEASH rose over 3%, trading at $289.84. The rise in SHIB’s price follows a significant increase in the burn rate, removing hundreds of millions of tokens from circulation, further boosting market optimism.
Recent data also shows a surge in Shiba Inu’s futures open interest (OI) by 18%, reaching $56.52 million, while derivatives volume climbed 46% to $175.04 million, reflecting growing investor interest. Amid the positive developments, Kusama also warned against fake claims of billion-dollar wallet owners, underscoring the community’s efforts to maintain trust and propel SHIB’s future growth.
