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Shiba Inu Partners with Mass Finance to Boost AI Solutions

by Sham
October 15, 2024
in BUSINESS, CRYPTO, DEFI
Reading Time: 3 mins read
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• Shiba Inu announced a new collaboration with Mass Finance to enhance its ecosystem with AI-driven legal and fiscal solutions
• Mass Finance previously teamed up with the payment giant Stripe
• Shiba Inu’s price increased by 4% weekly, potentially due to the partnership, overall market revival, increased token burns, and reduced selling pressure

Shiba Inu has partnered with Mass Finance, an AI-powered platform that aims to simplify business setup and growth. This collaboration aligns with SHIB’s recent price increase and could help elevate it to new heights through enhanced capabilities.

ICYMI: Shiba Inu $SHIB has partnered with @Mass_Build

An AI-driven platform aiming to enhance the $SHIB ecosystem with…

– Legal

– Fiscal

– and banking solutions pic.twitter.com/OPAMSZC8Cw

— BlockNews.com (@blocknewsdotcom) October 15, 2024

The Latest Partnership

The meme coin project is joining forces with Mass Finance, which provides legal, fiscal, and banking tools for startups, funds, and incubators. It offers automated incorporation and AI assistance for financial and operational tasks, supporting both Web2 and Web3 entities.

SHIB Price Reaction

The partnership coincides with SHIB’s price resurgence. SHIB currently trades around $0.00001808, representing a 4% rise on a weekly scale. The rally could be attributed to an overall crypto revival, increased SHIB burn rate, and decreased exchange netflow signaling reduced selling pressure.

SHIB has a market cap over $10.6 billion, making it the 15th largest in the sector. According to IntoTheBlock, 54% of holders are now sitting on paper profits.

About Shiba Inu

Shiba Inu is a meme coin and Ethereum token that has grown to become a top 20 cryptocurrency by market cap. It aims to be an Ethereum-based alternative to Dogecoin.

Key features of the project include:

  • Shibarium: A layer-2 blockchain scaling solution
  • SHI: A stablecoin pegged to $0.01
  • Incubator programs supporting blockchain startups

The ecosystem also includes NFTs, gaming, and metaverse initiatives.

Conclusion

The integration of advanced AI technology and collaboration with an established fintech provider signals Shiba Inu’s continued evolution. By enhancing capabilities and aligning with industry leaders, SHIB may be elevating itself to the next level in the meme coin space.

Tags: ethereumMass FinanceShiba InuWeb2Web3
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