Some X users described the development as a “game changer” for the Shiba Inu ecosystem.
However, the team behind the meme coin project remains active and recently announced a major integration.
The SHIB Army welcomes the move
A few hours ago, Shiba Inu revealed on its official X account that it is working with Unity Nodes to unlock ‘real-world utility’. Users can buy nodes with the meme coin, obtain SHIB branded NFT licenses, earn rewards and receive bonus licenses when they pay with the item.
“This partnership unlocks new earning opportunities for SHIB holders while demonstrating how cryptocurrencies can integrate with established global industries such as telecommunications,” the announcement said. reads.
Unity Nodes is a blockchain-based mobile edge network. It has an application suitable for iOS and Android, which allows users to send and receive verified data (balances, rewards or transactions).
The Shiba Inu community (known as SHIB Army) responded positively to the news. Some described the development as a ‘game-changer’ for the ecosystem, while others claimed that nodes are “the next rocket fuel.”
Despite the enthusiasm, the meme coin’s price has not made any substantial gains today (November 12) and in fact remains in the red on a daily basis. At the time of writing, SHIB is trading at around $0.000009883, marking an 8% decline in the past month.
Further collapse on the horizon?
Shibarium’s poor activity and some other factors indicate that Shiba Inu’s valuation could continue to decline in the near term. In recent months, daily transactions processed through the Layer-2 blockchain solution have dropped to just the thousands (compared to the multi-million figures seen earlier this year).
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According to many analysts, the protocol’s progress is one of the key elements that could reignite a SHIB rally, but declining network usage points to a bearish scenario.
The rising net flows from the SHIB exchanges are next in line. Over the past week, inflows have exceeded outflows, indicating that investors have shifted from self-management methods to centralized platforms – a trend that increases immediate selling pressure.
Shiba Inu burn rate is one of the few bullish factors. There have been more than 824 million tokens destroyed in the last seven days, marking an increase of 2,600% compared to last week’s figure. The combustion mechanism aims to reduce SHIB’s total supply, thus fueling a potential price increase (should demand remain stable or move north).
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