Shiba Inu is currently one of the top meme coins with a market capitalization of $ 9.2 billion, which leaves the other “top dog coin”, Dogecoin. When Mememen pumps, Shib is one of the popular tokens that flare up and dominate the market activity.
For Shytoshi Kusama, Shiba Inu main developer, his token must not be classified under “Meme Coin”, but as a “technological power pack”.
In a Twitter/X-Post that was shared last Tuesday, Kusama argued that Shiba Inu had turned into a usefully controlled crypto project and should no longer be listed in the Meme Coin category.
If you say that Shib is a MEM, you now have evidence that we are actually a technological power package #Shibermy https://t.co/0um0ihezby
– Shytoshi Kusama ™ (@shytoshikusama) 4th February 2025
Shiba Inu: A technical power package with use?
Kusama recently claimed in a tweet to the crypto community that Shiba Inu now has a number of applications and no longer belongs to the category of the Meme coin.
For the developer, your token is now a technological power package. Kusama’s explanations came when the project completed his cooperation with the United Arab Emirates. The Ministry of Energy and Infrastructure in the VAE has approved Shib to promote Web 3.0 solutions in energy, infrastructure and other sectors.
According to a publication of companies, the partnership is investing in the comprehensive investment of the Crypto project in Web 3.0. The aim is to improve the efficiency of the public service, governance models and the promotion of the Green Infrastructure.
Public disclosure also focused on the Memecoin operational system, which is intended to rationalize the Ministry of Energy and Infrastructure Development and Projects.
Shiba Inu will nod from the VAE officers about the collaboration
The Shiba Inu team received the praise from the Under-State Secretary of Energy and Oilitation Affairs, Sharif Al Olama. According to Al Olama, this recent collaboration with Shiba Inu will improve the investments of its country in innovative digital services. He also explained that the partnership is an essential milestone for the country’s efforts to redesign national services.
In a statement, the VAE government said that it wanted to lead the race in innovation. The partnership with Shiba Inu will be able to shape a great future that is anchored for sustainability, digital excellence and connectivity.
Shiba Inu now has an expanding ecosystem
Shiba Inu has consistently expanded its application cases and the ecosystem and now competes with other projects. The project has a multifunctional blockchain with AI-focused solutions so that users can easily switch from Web 2.0 to 3.0.
In addition, the project’s ecosystem now supports an L2 blockchain, many NFT projects, web 3.0 games and a variety of Defi protocols, all of which are supported by proprietary technology. According to Kusama, his partnership with the VAE underlines the commitment of the project to support innovative technical solutions.
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