As 2024 draws to a close, it’s safe to say that Shiba Inu (SHIB) has redefined what it means to be a force in the crypto world. From scaling new heights with innovative technological breakthroughs to expanding its ecosystem in bold, unexpected ways, Shiba Inu’s journey this year has been nothing short of legendary.
Every milestone, every partnership, and every achievement has been a testament to the growing power of the Shib Army. Let’s dive into the biggest moments that made 2024 a year to remember for SHIB and the entire Shiba Inu ecosystem.
When the Sheboshis NFT collection launched in February, it was clear that Shiba Inu had a different level of demand than anyone had anticipated. Initially planned for a three-phase release, the collection of 20,000 ERC-404 NFTs was completely sold out within minutes of Phase 2’s launch.
This was a clear statement: Shiba Inu was not just about memes; it was a powerhouse with an unstoppable, dedicated community that could move mountains. The Sheboshis release wasn’t just about filling wallets — it was about creating an ecosystem that would become an integral part of Shiba Inu’s larger roadmap.
Shiba Inu didn’t rest on its laurels after the Sheboshis success. In March, the project made some huge waves with its Shiba Inu x ZAMA partnership, embracing Fully Homomorphic Encryption (FHE).
This was a pivotal move for the Shiba ecosystem, as it set the stage for a new level of security and privacy that would be critical as the community scales to its ambitious goal of onboarding the next billion users.
But that was just the beginning. Shiba Inu also revealed its Shib Name Service (SNS) migration, in collaboration with D3, providing users with .shib domains directly in their wallets. It was yet another seamless integration that made Shiba Inu not just a cryptocurrency, but a gateway to an entire blockchain ecosystem where real-world utility meets cutting-edge technology.
When the press release hit in April, it was a moment that made every crypto enthusiast sit up and take notice. Shiba Inu had raised $12 million from some of the biggest names in the industry — Mechanism Capital, Polygon Ventures, Animoca Brands, and many more.
More than just another fund raise, this was an announcement that solidified Shiba Inu’s ambitions on a whole new level. Shytoshi Kusama, the elusive visionary of Shiba Inu, didn’t just announce the funds — they made it clear that the money would be used to propel SHIB into a new era. “What we did is that we made sure that some of the most powerful people in the world have skin in our game,” Kusama said in an interview.
Beyond just about building a war chest for Shiba Inu — the move was about forming strategic alliances that would position the Shib Army for long-term success. With venture firms backing Shiba Inu, the project wasn’t just looking to grow — but planning on dominating the landscape.
The excitement didn’t stop with the funds. In May, Shiba Inu launched its Shibarium Hard Fork, a critical upgrade that enhanced scalability and brought more efficiency to the network.
Later that month, ShibaSwap 1.5 was launched, introducing new features designed to improve user experience and further solidify Shiba Inu as a leading decentralized finance (DeFi) platform.
These updates were essential as Shiba Inu moved toward onboarding its next billion users — with a focus on security, usability, and scalability.
By August, Shiba Inu was cruising full throttle. The first birthday of Shibarium marked a significant milestone in the project’s trajectory.
But even bigger were the initiatives that followed: The TREAT Yourself Tour saw Shiba Inu expanding its reach, while the Agent Shiboshi launch gave fans a taste of what’s next in the gaming space. At around this time, Shiba Inu’s evolution into a full-fledged ecosystem was becoming undeniable.
One of the most exciting initiatives to launch in 2024 was ShibTorch, a revolutionary tool designed to help reduce the circulating supply of SHIB through regular burns. ShibTorch became a major part of the community’s efforts to deflate the token, with millions of SHIB tokens being burned throughout the year.
By December, Shiba Inu had successfully burned over 35 billion SHIB tokens, with ShibTorch playing a crucial role in helping the community actively manage SHIB’s supply. This innovative approach to token burns ensured that Shiba Inu was doing its part to build long-term value and scarcity, further increasing the potential for SHIB holders.
September was another milestone month, as Shiba Inu unveiled Shiba Inu at 4 and the launch of the ShibDev Portal, signaling a growing commitment to open-source development and community involvement. Meanwhile, Shibarium’s NFT Bridge allowed users to seamlessly transfer NFTs across chains, making Shiba Inu an increasingly attractive platform for creators and collectors alike.
October was a banner month for Shiba Inu. Not only did ShibaSwap 2 launch, but fiat on-ramps were introduced on platforms like ShibaSwap and Shib.io, significantly improving access for everyday users.
But what truly grabbed attention was the Delorean commercial, marking Shiba Inu’s first appearance in a mainstream media advertisement — a sign that Shiba Inu was no longer just a meme, but a global brand.
The Shiba Official Mascot made its debut, and the ecosystem saw a flurry of activity with Shiboshi Rush, new Mass Partnershib, and The Shib Daily getting listed on Google News, Binance News, and CryptoPanic. Shiba Inu’s mainstream adoption was officially underway.
In November, Shiba Inu kept the momentum going with the launch of Shiba Inu Bury 2.0, a new version of its staking platform, and the highly anticipated Shiba Eternity Tournament.
But it wasn’t just about staking and games. The Shibarium x GetBlock partnership signaled that Shiba Inu was serious about scaling its blockchain infrastructure. The Shiba Eternity tournament helped unite the Shib Army through gaming, while the Shy Speaks Podcast offered a new channel for Shiba Inu to communicate with its community.
As the year came to an end, Shiba Inu delivered some of its biggest announcements yet. The Shibarium Hard Fork closed out the year with new enhancements, improving speed, efficiency, and scalability.
The launch of the Shifu Airdrop and revamp of The Shib brought fresh energy to the ecosystem, while the Shib.io redesign and Imaginary Ones x Shiba Inu collaboration highlighted Shiba Inu’s focus on continually evolving its ecosystem.
One of the standout announcements in December was the integration of Chainlink with Shibarium, expanding the project’s reach and further securing its position as a blockchain leader. Additionally, multi-chain burns were introduced to reduce SHIB’s circulating supply — a move sure to excite holders and drive up long-term value.
The Shib Games, which brought Shiba Eternity to Shibarium along with the Agent Shiboshi and Shiboshi Rush games, showcased Shiba Inu’s commitment to innovation in the entertainment and gaming sectors. Tournaments now reward players, creating new opportunities for Shiba Inu’s community.
Lastly, the MVP launch of SHIB: The Metaverse and the Lap Dogs web-only game ushered in a new era of immersive experiences for the Shib Army, with players being able to engage directly with Shiba Inu’s virtual future.
Looking back, it’s clear that 2024 has been monumental for Shiba Inu. With groundbreaking technological advancements, powerful partnerships, a revitalized ecosystem, and a focus on onboarding a billion new users, the Shiba Inu project is no longer just a meme coin — it is a movement.
The road ahead is brighter than ever, and 2025 promises to build on the solid foundation laid this year. As the Shib Army continues to grow, Shiba Inu’s influence across the blockchain world is destined to reach new heights.
Get ready, Shib Army. The future is now — and it’s going to be legendary.
