Company Becomes Advisor for Shiba Inu Ecosystem to Make Shibarium the Biggest Success
- Alpha Transform Holdings (ATH) has agreed to be an advisor to the Shiba Inu ecosystem, marking a major achievement for the growing project.
- SHIB investors remain optimistic about the launch of Shibarium, a major event that could propel prices to $0.0001.
In a major development, the Shiba Inu community is welcoming a key player in the crypto space into its ecosystem. As confirmed on X by Lucie, the Shiba Inu content marketing specialist, Alpha Transform Holdings (ATH) has agreed to a role as a counsel to SHIB Doggy DAO, a Shiba Inu-themed foundation.
Leading digital asset advisory and investment firm Alpha Transform Holdings (ATH) today announced that it will be advising the foundation behind SHIB Doggy DAO, the decentralized autonomous organization governed by Shiba Inu token holders that funds the projects now being built… pic.twitter.com/he1sXsCxJv
— 𝐋𝐔𝐂𝐈𝐄 | Summer of Shibarium (@LucieSHIB) August 15, 2023
The SHIB Doggy DAO foundation is the decentralized autonomous organization governed by Shiba Inu token holders that funds the projects now being built on the Shibarium blockchain. ATH has been a major player in the industry helping in the growth and development of Ethereum and Tether.
“As the organization responsible for executing the governance decisions made by the DAO and holding the DAO’s assets and treasury, the SHIB Doggy DAO Foundation will benefit from the decades of expertise provided by ATH partners and industry pioneers Enzo Villani, Michael Terpin, and Seth Shapiro, a team of veteran leaders from Disney, News Corp, and Nasdaq who have previously advised blockchain projects including Ethereum and Tether,” explained the official announcement.
Enzo Villani, the CEO of Alpha Transform Holdings has already expressed his excitement with the upcoming Shibarium launch. Villani has highlighted the numerous accomplishments on the testnet, stating;
With over 21 million wallets and over 250,000 smart contracts written to their Layer 2 blockchain testnet, there are many brands in entertainment, media, and finance that will be interested in engaging with this vibrant community
ATH has stated that it is fully committed to developing the Shibarium blockchain and Doggy DAO and continuing the growth momentum of the Shiba Inu ecosystem. Lead developer Shytoshi Kusama has reacted to the new development, noting;
Now that Shibarium is nearly complete, and our full structure placed at the feet of the world, we couldn’t ask for a better partner to help shepherd this next phase of the Shiba global phenomenon. We look forward to Alpha Transform helping our Foundation swiftly and effectively chart the best course possible for the future of the Shiba Inu Ecosystem.
As CNF reported earlier this month, Kusama has already confirmed that three partnerships are in the works. With one already inked and to be announced, the community is keeping a close eye on the project with more updates and announcements to follow.
Despite the latest update and the impending Shibarium launch, SHIB prices are struggling with the token losing nearly 6 percent in the last 24 hours. At the time of press, SHIB is exchanging for $0.000010. Regardless, led by whales who have been accumulating heavily, investors remain optimistic that SHIB will rally reaching as high as $0.0001.
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