Shiba Inu Unveils Novel Service Which Could Boost SHIB Token Price

The Shiba Inu community is abuzz with the introduction of SHIB Names, a novel service enabling fans to establish a unique presence within its burgeoning ecosystem.

Developed by Shiba Inu’s domain name ally, D3 Global, this initiative allows individuals to obtain custom SHIB-branded domain names at a reduced price through an exclusive promotional code.

Marking a pivotal moment for Shiba Inu aficionados, the early access phase to SHIB Names has commenced.

Enthusiasts eager to claim their SHIB identities can now visit the official SHIB registration portal, where they can search for and secure their preferred SHIB domain names.

The portal supports various payment methods, including cryptocurrencies and credit cards, streamlining the acquisition process.

Arthur Hayes, the co-founder of BitMEX, has publicly endorsed the SHIB Names project, acknowledging its potential to influence the digital landscape significantly.

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Hayes remarked on the project’s importance, indicating its role in the evolution of “dog money” and its impact on the future of the internet.

This endorsement from Hayes not only underscores the significance of SHIB Names but also reflects the wider acceptance and anticipation of Shiba Inu’s role in the cryptocurrency domain.

SHIB’s official X page details a special offer, allowing users to enjoy a one-time 69% discount on their first purchase of up to 20 SHIB Names.

The utility of SHIB Names extends across numerous Web3 platforms, serving as versatile identifiers for multichain wallets, usernames, and the infrastructure of decentralized services such as smart contracts and nodes.

Amid the enthusiasm for SHIB Names, it’s vital for investors to stay updated on market trends.

The current Shiba Inu price stands at $0.000032, with substantial trading activity.

Nevertheless, market analysts suggest that indicators like the 1-Day RSI, MACD, and KST hint at an upcoming price adjustment, advising caution among investors.

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