New Milestone for Shiba Inu: Consumers Gain Enhanced Rights

Shiba Inu's head of marketing, LUCIE, has revealed the meme coin team's plans to create its own decentralized autonomous organization (DAO).

In a recent post on Platform X, the user shared important updates regarding Shiba Inu. It was announced that SHIB is preparing to launch its own DAO, a move aimed at empowering all SHIB holders regardless of just how many tokens they hold. This development will allow holders to influence the future direction of the meme coin community.

Although the DAO is not yet fully operational, LUCIE stressed that its introduction will mark an important milestone for Shiba Inu. In addition, it is clarified that this platform will provide the community with greater authority over decisions impacting the ecosystem.

According to the release, the SHIB DAO will consist of two main boards: one focused on philanthropy and the other on culture and heritage. LUCIE shared:

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Prioritizing transparency and inclusion, these initiatives will ensure that Shiba Inu’s growth remains aligned with the core values that have driven the project since its inception.

Despite the announcement of the news, Shiba Inu’s price has not received a positive reaction. At the time of writing, SHIB is experiencing a slight decline of 0.54% over the last 24 hours, trading at $0.00001484.

The meme coin has struggled over the past four months. Although the SHIB reached $0.000036 in March, the price remains more than 70% below its all-time high.

Alexander Zdravkov