Explore our step-by-step guide to find out how you can claim the LAYER airdrop if you have restaked bbSOL for sbbSOL on Solayer.

 that allows you to maximize returns while keeping your SOL staked. bbSOL can be used in multiple ways, such as providing liquidity in pools in exchange for trading fees and incentives, using it as collateral, trading on 

 (CEXs), and restaking it for additional rewards. Now, if you have restaked bbSOL on Solayer and received the receipt token, sbbSOL, you can claim the 

 for Solayer’s governance token, LAYER.

 a hybrid proof-of-authority (PoA) and proof-of-stake (PoS) restaking protocol native to the Solana blockchain 

, the first 1MM TPS network in the world.

 LAYER token holders can participate in governance by voting for protocol upgrades and key ecosystem initiatives. 

Solayer has announced additional utilities for LAYER, transforming it into a comprehensive utility token within the ecosystem. It will function as a gas token for 

 and as reward for users who stake LAYER to help secure the Solayer blockchain.

LAYER has a maximum supply of 1 billion tokens and an initial circulating supply of 210,000,000, distributed as follows:

How To Claim LAYER Airdrop for Users Who Restaked bbSOL for sbbSOL on Solayer

and select Bybit Wallet to connect your wallet. 

 Once your LAYER has been claimed, you should receive it in your wallet.

Claiming your LAYER airdrop is a simple process that rewards users who have restaked their bbSOL for sbbSOL on Solayer. By following the steps outlined above, you can easily claim your LAYER airdrop and take advantage of its utility within the Solayer ecosystem. Whether for governance, staking rewards, or future utility as a gas token, LAYER plays a key role in expanding Solayer’s ecosystem. Make sure to claim your tokens and stay engaged with Solayer’s developments for more opportunities ahead!

Beginner

layer sbbsol tutorial.png

How To Claim LAYER Airdrop For sbbSOL Holders

Learn how to become a Bybit P2P Advertiser, post crypto trade ads for free, and leverage secure escrow, zero fees, and global reach to maximize profits.

Buying and selling cryptocurrencies for fiat money are key activities within the crypto industry. Crypto-to-fiat (and vice versa) trading operations support two vital processes that link the worlds of crypto and traditional finance — 

. While there are several primary ways of buying and selling crypto for fiat, 

 (P2P) markets are desirable to traders thanks to their flexibility and the absence of intermediary parties. Transacting with a fellow trader to buy or sell crypto can be a mutually beneficial deal for both parties, especially if the trading platform doesn’t take its cut in transaction fees.

Unfortunately, many P2P crypto markets suffer from two key drawbacks. One is the presence of transaction fees, imposed by the platform that acts as a matchmaking medium for the transaction. Such fees defeat one of the main purposes of P2P trading — namely, eliminating intermediaries with financial interest. The second problem relates to the numerous scams and disputes during transaction execution in these trades.

Among the best solutions to avoid these problems is 

. With zero transaction fees and a secure escrow system that protects both parties during a P2P crypto transaction, the platform may be an ideal choice for your crypto sell or buy operations. You can also register as an Advertiser on the platform to truly maximize the profitability and efficiency of your crypto-to-fiat or fiat-to-crypto activities. In this article, we’ll take an in-depth look into Bybit P2P Advertising and the numerous benefits that traders can derive from using this program, which is free to join for users of the Bybit P2P trading platform.

Bybit’s P2P trading platform helps cryptocurrency sellers and buyers conduct their P2P transactions with zero fees, a secure escrow system, access to a global audience of more than half a million users and the choice of more than 70 national fiat currencies, 300 cryptocurrencies and 600 payment methods. 

Run by one of the world’s leading cryptocurrency exchanges, Bybit P2P serves as one of the best mediums for crypto off-ramping and on-ramping.

Unlike smaller P2P platforms, Bybit P2P offers a sweeping range of fiat currencies. Among the more than 60 national currencies on offer are the U.S. dollar (USD), euro (EUR), British pound (GBP), Swiss franc (CHF), Singapore dollar (SGD), Brazilian real (BRL), United Arab Emirates dirham (AED) and many more.

True to the ethos of P2P trading, the platform charges no transaction fees for any buy or sell operations. Traders also benefit from an escrow system that lets both parties transact in complete security.

The two key parties on the platform are takers and makers. Takers place buy or sell orders through the existing ads on the platform, while makers are the ones placing the ads via the platform’s P2P Advertising program. 

Makers can post ads to increase the visibility of their crypto offers, thereby reaching more prospective buyers more quickly and optimizing the profitability and efficiency of their crypto trading. There are no fees involved for posting the ads or joining the Advertiser program. You do need to meet specific requirements, though, as we’ll detail further on.

As an Advertiser, you can also benefit from the unique P2P advertising shared asset function, which lets you place multiple ads for the same funds offered for sale. For example, if your account holds 500 USDT, you can place different ads for this amount, each tailored to different potential buyer segments.

There are three types of Advertisers on the Bybit P2P platform: General, Verified and Block. General Advertisers can publish their sell ads on the platform to attract potential buyers. Depending upon their last 30-day 

, they’re classified into either the Beginner, Regular or Veteran subtype.

General Advertisers who successfully undergo additional verification and meet certain trading activity requirements can earn the Verified Advertiser status. These users enjoy higher ad visibility rankings and more generous transaction limits.

Block Advertisers wish to trade cryptocurrency at higher volumes, and enjoy the most generous transaction limits. To become a Block Advertiser, traders will need to undergo a complete individual or institutional verification, depending upon the account variety held on Bybit.

To qualify as a General Advertiser, Bybit P2P users need to have been registered on the platform for at least 30 days. Their past 30-day trading volumes (on a rolling basis) determine their General Advertiser subtype. Beginner General Advertisers are those with a trading volume of less than 2,000 in USDT equivalent over the past 30 days. They also have no minimum requirement in terms of the number of counterparties transacted with during that period. 

Advertisers with a 30-day trading volume of at least 2,000 USDT and at least five counterparties qualify for the Regular General Advertiser designation. Those with a 30-day trading volume of at least 10,000 USDT and at least five counterparties can become Veteran General Advertisers. All General Advertisers also need to meet additional requirements in terms of the number of completed orders, order completion rate and basic 

. The table below outlines the requirements for all three varieties of General Advertisers.

Verified Advertisers need to meet further identity verification requirements beyond the basic level used for General Advertisers. They also need to have completed at least 60 orders in the past 30 days, have at least 100 total completed orders, maintain a favorable rating of at least 95%, achieve an average payment time of under 15 minutes and keep at least 500 USDT in their account at the time of application.

Block Advertisers also need to meet comprehensive individual or business verification requirements beyond those for Verified Advertisers. The verification requirements for Block Advertisers are summarized in the table below.

All Advertiser types, including General Advertisers, benefit from having their ads reach thousands of Bybit P2P users. General Advertisers enjoy ad limits commensurate with their level — 1,000, 20,000 or 50,000 USDT per ad for Beginner, Regular and Veteran, respectively. The amount limits per ad for BTC and ETH also vary according to the level.

Becoming a Verified Advertiser allows you to access additional benefits, such as a special logo confirming your verified status, higher ranking in the ad display algorithm, access to exclusive promotions and priority customer service.

You can post a P2P ad either from a desktop or via the Bybit mobile app as follows:

: To post a P2P ad from a desktop environment, navigate to 

 from the main menu on Bybit’s website and select the 

: Fill in the details of your ad, such as the type of ad, your preferred asset, minimum and maximum amounts per order, and price. You can choose either a fixed price — which remains unchanged, regardless of market developments — or a floating price — which varies based on ongoing market fluctuations. The floating price is calculated by taking into account the premium and the reference price to keep it in line with changing market dynamics.

: If you use the Bybit mobile app, tap on 

: Tap the three horizontal dots icon in the upper-right corner to go to 

: Fill in the details of your ad. After completing your ad’s details, review and publish it.

If you apply to become a Verified Advertiser or Block Advertiser, note that you’ll need to provide a 1,000 USDT security deposit. This amount remains frozen in your account while you maintain your Verified or Block Advertiser status.

Tips for Successful P2P Advertising on Bybit

As a P2P Advertiser, you can maximize your success and profitability on the platform by following a few strategies. Naturally, one of the keys to success is to offer competitive prices. This not only attracts more willing buyers, but may also help you in the ad positioning rankings, since the top five Verified Advertisers with the best prices are regularly selected to be shown to buyers as special recommendations.

Maintaining a high order completion rate is another key strategy for successful advertising: it helps build your reputation and acts as a factor in determining the ad visibility rankings.

Being flexible in terms of your order — for example, offering a variety of payment methods — is also critical. Bybit’s P2P Trading attracts a global audience of more than half a million users, so when you offer more payment methods, you’re more likely to find willing buyers from different localities.

Being responsive and prompt in answering potential buyer inquiries is also highly recommended. A further way to optimize your ad performance is to become a Verified Advertiser, which helps you both build trust and achieve a higher position in the ad ranking algorithm. If you routinely plan to trade at significant levels, such as tens or hundreds of thousands of USDT equivalent per order, you may also consider becoming a Block Advertiser, which helps you achieve the highest priority in ad rankings.

P2P crypto trading on Bybit is an excellent way to buy or sell crypto without any transaction fees while enjoying the protections provided by a leading crypto exchange platform. The platform’s secure escrow system, zero fees on P2P orders, global audience of more than half a million users, close to 600 payment methods and choice of around 60 fiat currencies and 300 cryptocurrencies make it an ideal environment for cryptocurrency buyers and sellers. 

Furthermore, when you become an Advertiser on the platform you significantly boost your trading outcomes, exponentially increase the visibility and reach of your ads, qualify for generous order limits and build trust as a Verified Advertiser.

Intermediate

Bybit P2P advertising.png

Becoming a P2P Advertiser on Bybit: Everything You Need to Know

P2P on Bybit is an easy and secure peer-to-peer trading platform. It facilitates the buying and selling of two users’ holdings at an optimal, agreed-upon price.

Peer-to-peer (or P2P) trading is a form of trade in which buyers and sellers directly exchange their crypto coins and fiat assets.

 trading platform which charges zero fees. 

It facilitates buying and selling of two users’ holdings at an optimal, agreed-upon price. Please note that Bybit does not provide the buy and sell offers on the P2P page, which are generated by the users directly themselves.

Bybit P2P supports over 300 cryptocurrencies, 70 fiat currencies and 600 payment methods, making the execution of P2P orders a breeze. Additionally, it’s a highly secure platform on which both buyers and sellers have to undergo rigorous 

 processes. Bybit also imposes stringent protocols to prevent frauds and scams, including a reporting function, a P2P 

 feature and security deposit requirements. You can also leave reviews for your counterparty after completing a trade with them to help other users make informed decisions. 

 for traders looking to directly buy and sell large amounts of assets between two parties, allowing traders to enjoy faster trade and reduced price slippage for large P2P orders. P2P Block has a single minimum 

order limit of 10,000 USDT, and a single maximum order limit of 200,000 USDT. 

The fee structure of P2P trading corresponds to two different types: taker and maker.

To learn more about fees on the Bybit P2P platform, please refer to 

P2P trading on Bybit is highly secure, thanks to the various rigorous security measures it implements. First, all users have to perform either Identity Verification (KYC) or Business KYC to trade on Bybit’s P2P platform. Additionally, if you’re conducting a trade that exceeds a certain transaction limit, you’ll also need to submit your KYC details for verification.

ensures the crypto amount in a seller’s advertisement is securely locked during transactions in order to safeguard buyers from potential fraud

Once a buy order is submitted, the amount of coin specified will be reserved on the P2P platform. This means that if the seller doesn’t release the coin within the time frame specified by the countdown timer after receiving the payment, our customer support has the right to release the coin from the reserved funds to the buyer after verification. (If you’re a seller, please make sure you’ve received the funds from the buyer before releasing your coin.) 

If you suspect any fraud, you can make use of Bybit’s reporting feature by clicking on the 

 button, which you’ll find either below your counterparty's user name during the transaction, or next to the user’s nickname on their profile page. 

Bybit also imposes security deposit requirements for certain users: those applying to become 

 (BA), and users flagged as potential risks by the system. These users need to deposit and freeze a specific security amount for access to P2P advertising rights.

In case of order disputes, you can also use the P2P 

 feature, which is available for all ongoing, completed or canceled orders within five calendar days after the order’s creation. 

There are two appeal tracks: Normal and Fast-Track. Normal Track appeals, which can be used for all kinds of appeals, have a longer processing time of over 48 hours, while Fast-Track appeals can be conducted within just 15 minutes. Note that Fast-Track appeals can only be used when the 

buyer has completed payment, but the counterparty hasn't released the coins yet, or when the seller hasn't received any payments from the counterparty.

Can’t wait to start your P2P trading journey? The following is a step-by-step guide to help you start your first P2P transaction on Bybit.

 on the top left corner of the navigation bar to enter the P2P trading page. 

 page, you can filter advertisers by entering your desired criteria for 

 and more, based on your specific transaction needs. 

: Choose your preferred advertisement, and click on

: Enter the amount of fiat currency you want to pay, or the number of coins you want to receive. Click on 

You’ll be redirected to the order page, where you’ll see a countdown timer for transferring the money to the seller's bank account. Make sure to verify that all of the order details are correct before proceeding. (Please 

 that certain orders may require verification.For such orders, click on 

 on the order page and provide the required proofs in the Order Chat Box.)

 once you’ve completed the payment. Acknowledge the rules, and click on 

 if you’ve provided the necessary information.

a. Once the coins you’ve purchased have been successfully released by the seller, you can check your assets in your 

. You can also check your order status from your 

b. If the seller fails to release the coins after 10 minutes, you can click on the 

Our customer support team will reach out to you. During this period, please do not cancel your order unless you’ve received a refund from your seller.

, based on your specific transaction needs. 

: Choose your preferred advertisement, and click on 

: Enter the amount of USDT you want to sell, or the amount of fiat currency you want to receive. Click on 

: You’ll be redirected to the order page, where you’ll see a countdown time during which the buyer needs to complete the payment.

: Once you’ve successfully received your payment from the buyer, click on 

 to release your coins. You’ll be asked to enter your 

: Please ensure you've received your funds from the buyer before ticking the confirmation box and releasing your coins.

Follow the steps below in the event the order transaction has failed:

1) If the buyer hasn’t completed the payment within the specified time frame, the order will automatically be canceled. The coins reserved on the P2P platform will also automatically be returned to your Funding Account.

2) If you’re notified that the payment has completed, but you have yet to receive your payment after 10 minutes, you can try to communicate with the buyer in the Order Chat Box before clicking on 

 to proceed with the appeal. If you’ve clicked on the button, our customer support team will reach out to you.

For more details on how to buy or sell, please refer to the following two articles:

 that you’ll need to complete at least KYC Level 1 before you can begin P2P trading.

 in the upper right-hand corner of the page.

To learn more about KYC, please refer to 

AUG24_R15_P2P on Bybit Trading_ Everything You Need to Know.png

P2P on Bybit Trading: Everything You Need to Know

Avalon Labs is launching its AVL token on Bybit’s Spot trading platform on February 12, 2025, with deposits opening on February 11 and withdrawals on February 13.

Daily Top Performer — AI Rig Complex (ARC)

The S&P 500 rose 0.03% as investors awaited the CPI report and Powell’s testimony, with no imminent rate cuts expected. Gold regained $2,900 amid USD weakness, maintaining a bullish trend despite overbought conditions. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.11%, with Bitcoin and Ether dropping by 2.15% and 1.64%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is ARC, which surged nearly 16.6% following the unveiling of its streamlined token launch mechanism.

AI Rig Complex (ARC), launched in 2024, is a high-performance AI framework built with Rust, enabling intuitive, context-aware interactions. Its core platform, Playgrounds, integrates multiple LLMs and AI workflows, streamlining development while eliminating vendor lock-in. ARC 

 a new token launch mechanism that optimizes liquidity and fees while focusing on ecosystem potential. Prioritizing simplicity and integration, it avoids arbitrary constraints, enabling a more curated and deliberate value creation process.

Check Out the Latest Prices, Charts, and Data of 

 its AVL token on Bybit’s Spot trading platform on February 12, 2025, with deposits opening on February 11 and withdrawals on February 13. AVL serves as a governance token within Avalon’s ecosystem, offering staking rewards, governance participation, and fee discounts. The launch includes a trading contest and deposit event with a total prize pool of 1.8 million AVL. Avalon’s ecosystem also features USDa, a Bitcoin-backed stablecoin designed for stability and DeFi utility. Bybit’s listing aims to enhance AVL’s liquidity and adoption while supporting Avalon’s broader financial products.

Yesterday, BTC Spot ETFs had a net outflow of $80.5M, entirely from non-GBTC funds, while GBTC remained unchanged.

 will airdrop 10% of $IP supply—5% via Direct Claims on Mainnet launch and 5% to Ecosystem Projects for user distribution. Eligibility includes Odyssey Badge, Chronicles & Kaito Genesis NFT holders, active community members, and Story Yappers. Sybil detection used clustering algorithms and Gitcoin Passport.

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Avalon Labs Launches AVL Token on Bybit with Staking and Rewards

Memes

Is Shiba Inu a good investment? From a whole metaverse to secret NFT projects, find out if SHIB is a long hold or just another memecoin.

Is Shiba Inu a good investment for crypto speculators? This question has been asked countless times despite the meme coin Shiba Inu (SHIB) being available for trading for less than two years. Yet within months of its launch, it was hard to ignore. SHIB saw impressive growth last year, with the price reaching an all-time high (

) of $0.000086 in October 2021 — which is over 150,000 times its starting price of $0.000000000056. 

The past few months have been a tough one for cryptocurrencies, but SHIB has managed to bounce back, rising

The main question now is: Will this popularity continue? Is this just another cryptocurrency bubble that will eventually burst, or is Shiba Inu a good investment that will continue to grow in value? In this article, we’ll take a closer look at the SHIB token, its future road map, factors affecting its price — and whether it’s worth investing in.

Before asking is Shiba Inu a good investment, let’s first run through the origins of the memecoin. Shiba Inu (SHIB) is a decentralized ERC20 token launched on the Ethereum network as a spin-off of the popular meme coin, 

. Meme coins such as Dogecoin and Shiba Inu derive their value based on association with a meme— in both of these cases, the Japanese Shiba Inu dog breed — rather than utility. The token wasn’t originally designed to solve real-world problems. 

Like other meme coins, Shiba Inu began as a parody in August 2020. It was created by an anonymous person or group known by the name 

Shiba Inu launched with a maximum supply of 1 quadrillion SHIB tokens, which made its price lower than other cryptos with similar market caps. The developer(s) locked half of the minted Shiba tokens in Uniswap to reward liquidity providers to SHIB pools on the 

, or decentralized exchanges such as Uniswap, use an automated market maker system in which users can deposit asset pairs into liquidity pools so that other investors can trade them. The outstanding 500 trillion tokens were sent to Vitalik Buterin, the co-founder of Ethereum, to raise awareness with the hope that he wouldn’t sell them (which would render the token worthless). 

SHIB’s excellent run in 2021 meant that Buterin’s holdings were now worth billions of dollars. He gifted 20% of his Shiba Inu tokens (worth over $1 billion) to the COVID Crypto Relief Fund in India, and to another unnamed charity. This gesture, the largest single crypto donation ever made, rocked the crypto world, and established some legitimacy for SHIB. He burned the rest, which helped draw plenty of attention to the meme coin. 

After rallying to dizzying heights in October 2021, the token has dropped by 70% at the beginning of 2022. However, while many other cryptos still struggle, SHIB has rebounded remarkably, retracing 50% by the first week of February. 

SHIB’s resilience in the face of the turbulent cryptocurrency market — despite its lack of utility — is not surprising to keen industry watchers. The meme token is fueled mainly by the hype from its legion of passionate fans, known as the SHIBArmy. These online warriors are dedicated to a singular purpose: promoting the token on social media with the doggedness of an elite fighting force. 

The Shiba Inu Twitter account ballooned to 2.6 million followers within a year of launching. This figure is above that of more prominent and established cryptos such as Ethereum and Solana, with 2.1 million and 1.3 million followers, respectively. While Dogecoin is still ahead with 2.9 million followers, it’s been around since 2013.

This committed fan base has ensured that SHIB remains very much in the public eye. Its survival in the bearish crypto market is a testament to the SHIBArmy’s capability to capture the public imagination and popularize the token. 

Every smart investor considering if Shiba Inu is a good investment knows that a solid project has an ambitious roadmap. Shiba Inu is a meme coin, and was initially designed to rival the popularity of its inspiration, Dogecoin. But this is about to change. Recently, the team behind the token has been developing new projects with it. The first one is ShibaSwap, a DEX launched last year.

There are plans to venture into the metaverse with 

. The Shiba Inu team is also working with 

 game that will use non-fungible tokens (

). NFTs are unique assets represented on a blockchain that cannot be replaced, and may represent real-world objects such as real estate or artwork.

More recently, and perhaps the most ambitious, is the 

, a Layer 2 blockchain built on the Ethereum blockchain by Singaporean blockchain company 

. Shibarium will provide support for fast and low-cost transactions within the SHIBA ecosystem when it launches. 

Hopefully, these projects will propel SHIB from a joke to a significant player with multiple use cases in the crypto space.

Is Shiba Inu a Good Investment for the Future?

Shiba Inu started life as a meme coin and as a joke. However, the Shiba Inu team has lined up several projects to push this “Doge Killer” to leave the meme token pool and graduate to a more useful digital asset. Hopefully, this will make SHIB a more sustainable investment. Here’s a list of the primary projects which are in the works to bolster the Shiba Inu ecosystem and help investors decide if Shiba Inu is a good investment. 

Shiba Inu Metaverse Codenamed “Shiberse”

As one of the bigger news impacting the debate of whether Shiba Inu is a good investment, Shiba Inu developers announced their metaverse project in a February 8, 2020 tweet. Codenamed “Shiberse” in the interim, the project offers plots of virtual “Shiba Lands,” which users can buy on the upcoming metaverse using LEASH tokens. 

Metaverses are blockchain-based virtual worlds where people can interact digitally as they would in the real world. They’ve become popular in recent times and are one of the biggest narratives in crypto. 

The Shiba Inu developers are working on a queue system for land sales, in which users can get a place in the queue based on their LEASH holdings. The idea is to prevent bots from buying up land early at low prices and selling later at higher prices to the SHIB community. 

More Partnerships That Boost SHIB Visibility

Shiba Inu has exclusively partnered with 

, a Naples-based burger restaurant which offers healthy food choices, a value that Shiba Inu developers claim to share. Although currently a single-store restaurant, Welly’s has set its sight on global expansion, aided by its partnership with the widely popular SHIB token. 

The partnership has seen Welly fully transformed into a Shiba Inu-themed restaurant, complete with a rebranded logo reflecting the Shiba Inu persona and a new tagline, “I’m Ryoshi. We eat well.” 

Also, they’ll start accepting SHIB as a means of payment. It gets better: The collaboration will allow users access to related NFTs, which owners may be able to sell for significant profits as the partnership project develops further. 

Members of the Shiba Inu community will also have a say in managing the joint enterprise through the Doggy 

 — the in-house decentralized autonomous organization. 

Another part of the ambitious road map for Shiba Inu is the planned release of the TREAT token. This is their fourth token, after releasing SHIB coin, LEASH and BONE. Details about the new tokens haven’t yet been made public. 

For a meme coin without any use cases, SHIB has achieved notable milestones. Some highlights

In November 2021, the number of wallets holding SHIB passed the 1 million mark, 

 CertiK. This landmark was announced in a celebratory tweet congratulating the ShibArmy. The news triggered another rally of the meme coin, and by November 25, SHIB had risen by 33%.

Ability to Buy SHIB from Major Exchanges Like Bybit and Binance

Getting listed on new exchanges goes a long way toward determining a digital asset’s success. Listings make the token more accessible, since more investors can easily buy and sell them. This generally has a positive impact on the token’s valuation.

Top trading exchanges including Binance, Bybit, Huobi, Coinbase, Gemini and FTX have listed the SHIB meme token. Getting listed on these trading platforms is no easy feat, and for good reason. 

Listing a scam token would severely impact the credibility of an exchange, and exchanges generally conduct thorough due diligence to check that tokens aren’t scams. However, just because a token is listed on an exchange doesn’t guarantee its safety. 

The token also needs to be popular. A new token usually has to have a successful ICO (initial coin offering) before being listed. If the token isn’t sold out, an exchange might be wary about listing it because it signals low demand on the secondary market. 

The ShibaSwap exchange is an in-house decentralized exchange of the Shiba ecosystem. Launched in July 2021, ShibaSwap — like UniSwap and other DEXs — allows users to trade tokens directly without intermediaries or central authorities. In this way, it differs from centralized exchanges such as Binance and Bybit. 

ShibaSwap’s exchange runs on Shiba Inu’s native token, SHIB, and their other ERC20 tokens — BONE and LEASH. BONE is the governance token of the Shiba ecosystem, and features prominently on the Doggy DAO. LEASH, nicknamed “Doge Killer,” was initially launched as a rebase token to track the price of Dogecoin, but is now independent. It serves as the main store of value for Shiba Inu’s investors. 

Apart from trading or swapping Shiba Inu ecosystem tokens — SHIB, LEASH and BONE — ShibaSwap allows users to provide liquidity (‘digging’) and get rewarded with ShibaSwap liquidity pool tokens. Users can also stake (“bury”) the tokens and earn high interest paid in BONE tokens. 

ShibaSwap also serves as a marketplace for the popular Shiboshi NFTs.

 are 10,0000 unique, pixelated Shiba Inu dog cartoons, represented as non-fungible tokens (NFTs). Each of these Shiboshis has different traits and varying degrees of rarity. 

The different traits — such as laser eye (useful for long-distance attacks) — will be incorporated into the proposed Shiba Inu game. 

Users can buy and sell Shiboshis on ShibaSwap with zero fees. Shiboshis are also available on the OpenSea marketplace. 

With the popularity of the newly launched Shiboshi NFTs (they sold out in under one hour) — and the corresponding positive impact on the Shiba ecosystem — the Shiba Inu teams are planning to deploy more NFTs. Although the details are sketchy, the NFT launches will likely follow the same playbook used in the successful launch of Shiboshis, with plenty of publicity buildup beforehand. 

DAOs, or decentralized autonomous organizations, are communities of like-minded individuals created with an objective and collectively owned and governed by them without a centralized authority. 

, Shiba Inu’s native Doggy DAO will launch sometime in 2022. As the next logical step in expanding the growing Shiba ecosystem, the Doggy DAO will allow users to guide the future trajectory of Shiba Inu through community governance.

Based on their BONE token holdings, community members will have voting rights that they can use to influence decisions on crypto projects and trading pairs, and to make proposals for consideration. The more BONE you hold, the more power you have to influence future endeavors in the Shiba ecosystem. 

To prevent crypto whales (investors who tend to buy tremendous amounts of tokens all at once) from gaming the system, the Shiba Inu developers intend to implement a guardians 6/9 wallet to make the final decisions on new trading pairs.

In December 2021, Shiba Inu signed an agreement with Australian game developer 

 and ZipProof’s William Volk to work on a multiplayer collectible card game. 

The game will feature 1,000 SHIB-inspired cards and will launch as a blockchain NFT title. The Shiboshi NFTs will also play a definitive role in enhancing gameplay.

There will be two versions of the game— a classic mobile game for casual players, and the play-to-earn, NFT-based game. 

The upcoming games have generated considerable buzz in the NFT gaming space. However, avid gamers might have to wait for some time. The game developers project they could become available to the general public in July 2023.

Part of the expansionist agenda of the Shiba Inu community is a dedicated marketplace known as ShibaNet. It could prove to be one of the developments that will significantly impact SHIB’s prospects as a valuable cryptocurrency when asking yourself is Shiba Inu a good investment. 

The upcoming project is a decentralized marketplace which will allow users to freely buy and sell digital assets, products and services using resources within the Shiba Inu ecosystem. 

SHI is a proposed stablecoin pegged to $0.01 to make it even more stable. It’s going to be the primary means of exchange on ShibaNet. The Shiba Inu development team ambitiously aims to make SHI a global currency, acceptable everywhere. 

ShibaNet will run on the much-awaited Layer 2 Shibarium blockchain. This means it will avoid Ethereum’s high gas fees and enable fast transactions.

The Bottom Line: Is Shiba Inu a Good Investment?

So, is Shiba Inu a good investment? It’s a little complicated. On the one hand, it’s clear that SHIB has seen some impressive growth in recent months, and there’s no reason to believe this trend won’t continue. But with such high volatility in the cryptocurrency market, it’s impossible to say for sure whether the value of SHIB will continue to grow, given its status as a meme coin that’s devoid of practical use cases.

A more significant factor which will determine the future of SHIB is the myriad of projects that the Shiba Inu dev team has lined up. These projects and schemes are ambitious. They aim to move SHIB from a cryptocurrency associated with online jokes and fueled by hype to a more utility-based asset. When these plans go through, there’s an excellent chance that the former meme coin will now earn its rightful place as a solid digital asset worth keeping an eye on.

By taking all this into account when discussing is Shiba Inu a good investment, one thing’s for sure. The future certainly looks busy and promising for SHIB.

Is Shiba Inu a Good Investment: SHIB to $0.01, or Just Another Meme Coin?

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards