Shiba Inu Partners with Mass to Build Next-Gen Financial Layer – BitRss

Lucie, a prominent representative of the Shiba Inu (SHIB) team, delivered a crucial message to the SHIB community, stressing the untapped power of cryptocurrency. She emphasized that the true strength of crypto lies in its ability to grant freedom. According to Lucie, cryptocurrencies empower users to “sell whenever you want, and trade with whoever you choose.” She noted that the real value of crypto is only realized when individuals take advantage of it. Without active engagement from people, cryptocurrency remains ineffective.

SHIB Announces Partnership with Mass Platform

Earlier today, the SHIB team revealed a new strategic collaboration with the Mass platform, dubbed a “partershib.” The goal is for Mass to create the “ultimate financial layer” for Shiba State, a vision for the future of the Shiba Inu network. This partnership aims to enhance the financial ecosystem within the Shiba Inu community.

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SHIB developer Kaal Dhairya shared his excitement on Twitter, saying, “Hold onto your leashes! Shib is teaming up with Mass to build the ulti-mutt financial layer of our Shib network state! Time to unleash the paw-sibilities!” His playful message underscored the potential of this collaboration to strengthen the network’s financial infrastructure.

Mass will be responsible for constructing a financial layer on Shibarium, Shiba Inu’s blockchain platform. This layer will integrate “AI-driven legal and fiscal solutions” and receive support from payment platforms like Stripe. Currently, Mass is in private beta, catering to funds, incubators, and fast-growing startups, according to its official website.

SHIB Burn Rate Surges Over 7,900%

Meanwhile, the Shiba Inu community has been actively removing SHIB tokens from circulation. According to the Shibburn tracker, the SHIB burn rate skyrocketed by 7,911.12% over the past 24 hours. 

Related article: Anticipating a Surge: Will Shiba Inu Break Its Price Records Soon?

This increase resulted from 281,888,884 SHIB being transferred to unspendable blockchain addresses and locked away. A significant portion of this, 277,587,419 SHIB, was burned on Monday by an anonymous whale.

In the last 24 hours, SHIB’s price saw a 4% dip, followed by a recovery of 1.3%. Despite the recent fluctuation, Shiba Inu previously hit a local high of $0.00001900 after a 16.6% rally since October 10. At present, SHIB trades at $0.00001830.

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