Shibarmy

The Shib Association revealed that it is building a new blockchain based on Shiba Inu (SHIB). The Shib Association is part of a new SHIB-focused initiative that was started by the team behind Shibburn. The initiative is aimed at boosting the adoption of SHIB. According to a recent tweet on SOCIAL network "X", the new blockchain will not be a fork of SHIB nor a fork of a fork. Rather, it will be a new “layer 1 blockchain from the ground up.” Which means independence and creative freedom in this sense.

As is known, geopolitical events quickly alter and modify cryptocurrency markets, which is why a generally bearish market is observed and full of uncertainty!
Israel cowardly attacked Gaza with a wave of airstrikes, killing nearly 300 Palestinians. This has created chaos in the markets.
The Shiba Inu developer recently published a blog article on Shibaswap.com with the title: “Shibshire Blast away.” Shytoshi presented a closer and more accurate look at Shibarium, SHI, and SHIBFE along with the already known SHIB ecosystem tokens of SHIB, LEASH, and BONE through the blog post. At the same time, he also revealed the curtain of the secret called “CK1”.

The development team is working to launch their own network, #ShibaSwap. However, the project will face challenges if it wants to become an option that attracts investors interested in new uses and utilities, among which we can mention: CHALLENGES 🚀 #SHIB
Distribute rewards equitably between validators and beneficiaries, Achieve an increase and competitiveness in the speed of your transactions. Add auditors. Increase the burn rate or redesign the distribution and supply of tokens. Add use cases that benefit the community.

Shiba Inu (SHIB) is facing a sharp drop in price and whale activity. SHIB's decline is raising questions about the future of the meme coin in a competitive crypto market.
Shiba Inu saw a significant drop in the number of transactions per day on its network, and large holders of the crypto asset have reduced their activity according to data from the Etherscan explorer. On the other hand, the number of these transactions decreased significantly, which has marked a period of inactivity, rarely seen in the history of the meme currency.