Shiba Inu’s Future: SHIB Developer Outlines Project’s Next Phase

Shiba Inu developer Kaal Dhairya recently shared insights into the project’s next development stage. In a tweet, he emphasized the importance of community participation, urging developers to focus on building rather than engaging in fear, uncertainty, and doubt (FUD).

“When markets dip, the FUD rises, especially from scammers who made millions off the SHIB ecosystem. Ignore the noise. This is your chance to build in the next phase: Rollups, FHE, and beyond. Remember: like WoofSwap builders build. No complaints. Just work,” Dhairya stated.

When markets dip, the FUD rises — especially from scammers who made millions off the SHIB ecosystem. Ignore the noise. This is your chance to build in the next phase: Rollups, FHE, and beyond. Remember: like @woofswap builders build. No complaints. Just work. https://t.co/4nasIbYnSR
— Kaal (@kaaldhairya) April 9, 2025

His mention of rollups—a layer-2 scaling solution—and Fully Homomorphic Encryption (FHE), a cutting-edge privacy technology, signals a strong technical push for SHIB. These upgrades aim to improve scalability, security, and privacy, all of which are crucial for the ecosystem’s longevity in Web3.

Stablecoin SHI Faces Regulatory Delays

A community member on X asked about updates on SHI, SHIB’s planned decentralized stablecoin. In response, Dhairya clarified that development remains on hold due to regulatory uncertainty. “Waiting on clear stablecoin regulations,” he wrote.

His statement confirms that SHI is still in the pipeline but cannot launch until regulators provide clearer guidelines. After months of speculation, this update reassures investors that development is progressing, albeit cautiously.

SHIB Price Rebounds with Bitcoin’s Rally

After dropping to $0.00001029 on Wednesday, Shiba Inu rebounded alongside Bitcoin’s surge. Bitcoin’s rise also coincided with the largest rally in the S&P 500 since 2008, boosting market sentiment. SHIB climbed to $0.00001214 and maintained its gains, rising 10.57% in 24 hours to $0.0000121.

If the uptrend continues, a break above the daily 50-day simple moving average (SMA) at $0.000013 could strengthen bullish momentum. A further rally toward the 200-day SMA at $0.00001905 remains possible if market conditions support sustained growth.

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The cryptocurrency market continues to follow stock market trends, with traders watching for signals on the short-term trajectory. As regulatory developments and macroeconomic conditions evolve, SHIB investors will closely monitor whether this rally can sustain momentum.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.