Guess what, Shiba Inu fans? Our beloved meme coin is making waves again, and this time it's teaming up with a pretty snazzy partner, Mass Finance! If you're curious about the magic happening behind the scenes, let me give you the scoop.
Mass Finance is an AI-powered platform that’s all about making life easier for startups, funds, and incubators. Imagine having all your legal, fiscal, and banking needs sorted in one place, and even getting a little AI help with those pesky financial and operational tasks. It's like having your own business wizard! And the best part? It's got one paw in the Web2 world and the other in the Web3 universe.
The Shiba Inu team is super excited about this collaboration, saying Mass Finance is ready to become the “Shiba State” with its AI-driven solutions, backed by the likes of Stripe. This dynamic duo is all set to take Shiba Inu to dizzying new heights!
In fact, Mass Finance has already danced with the payment giant Stripe, handling money transmission services and account management. They're all about keeping things compliant and secure, with Evolve Bank & Trust holding onto the funds to make sure everything's above board for Mass users.
But wait, there's more! This isn’t Shiba Inu's first rodeo in 2024. Just last month, they joined forces with Zama, a company that knows its cryptography. Together, they’re boosting Shibarium – Shiba Inu’s layer-2 blockchain – with Fully Homomorphic Encryption. It’s a mouthful, but basically, it’s like putting your crypto transactions in an invisibility cloak, keeping your sensitive info super safe and sound.
All these exciting partnerships are happening while SHIB’s price is on the rise, climbing around 4% this week to sit at about $0.00001808. There’s a lot fueling this rally, from a general crypto market revival to a Shiba Inu burn rate explosion, and even a dip in exchange netflow, signaling less selling pressure.
With a market cap of over $10.6 billion, SHIB is not just any meme coin – it's the second-biggest one, right after Dogecoin, and the 15th-largest in the whole crypto scene. And here's the cherry on top: 54% of SHIB holders are now looking at some sweet paper profits, while 43% are still waiting for their day in the sun.
Hold onto your leashes, folks, because Shiba Inu is on the move, and it's got some serious momentum!
