K9 Mainnet Launch Could See Shiba Inu Coin Breakout Very Soon

Recent developments in the Shib ecosystem are growing the bullish sentiments. Just last week, the Shibarium received a major Bor upgrade and Cancun

Shiba Inu (SHIB) coin price has seen a surge of 7.61% following the launch of K9 Mainnet. The new product from the Shib team is a liquid staking platform for Shibarium.

Shiba Inu Marketing Lead Shares K9 Details

Shiba Inu (SHIB) users are now able to stake their Ethereum $BONE on Shibarium and get $knBONE, which then can be used for farming rewards in the K9 platform.

Shiba Inu K9 Finance Dao, an official Shib project, is launching a liquid staking platform for Shibarium. As Shibarium is set to launch in just 12 hours from now, K9 Finance Dao is gearing up for the mainnet launch.

Shiba Inu K9 Finance Dao is launching a liquid staking platform for Shibarium. With just 12 hours to go before the mainnet launch, K9 is preparing for the big event.

Shibarium Network X Shibarium Network is now live on X. Get started with Shibarium right away! Tips for using X: A new product from Shibarium is now live! Get ready to experience Liquid Staking for $BONE, Real Yield Staking for $KNINE, farming $knBONE and Vesting $esKNINE.

The $KNINE Bone Crusher product has 4 main parts:

1. Liquid Staking: stake $BONE for its liquid staking token $knBONE

2. Real Yield Staking: stake $KNINE to receive $BONE (lock for up to 12 months to earn 13x the rewards!)

3. Farming: stake $knBONE/$BONE in ShibaSwap to earn $KNINE

4. Vesting: stake $esKNINE for up to 12 months to earn $KNINE

Shiba Inu K9 Mainnet Launch Details

According to the X post by Shibarium Network, the new product has main parts. This includes Liquid staking for $BONE, Real Yield Staking for $KNINE, farming $knBONE and Vesting $esKNINE.

The new product has 4 main parts: Liquid Staking for $BONE, Real Yield Staking for $KNINE, farming $knBONE and Vesting $esKNINE.

Shiba Inu K9 Mainnet Launch to Boost SHIB Price

The launch of K9 mainnet is expected to boost the usage of Shibarium and grow the price of Shiba Inu (SHIB). It took the team almost a year to develop and launch this product.

Data from Defillama shows that Shibarium currently has a total of $1.21 million in total value locked (TVL). The new feature of liquid staking will help it to increase.

Shibarium TVL, according to Defillama. Source: defillama.com

With the increased rate of transactions on Shibarium, the burn rate will also increase, ultimately reducing the supply of SHIB. This cycle will push the price of Shiba Inu (SHIB) upwards.

Shiba Inu Price Chart Showing SHIB Price Surge After K9 Launch

Shiba Inu is displaying a remarkable bounce back after this launch. We can see from the chart that after this launch, the price has seen a surge of 7.61% and is currently trading at $0.00001396. Even the RSI has grown more than double, from 35 points to a current of 72.83. The moving averages are all falling into place supporting the price rise. And all this happened just a few hours after the launch of K9 Mainnet.

Shiba Inu price displaying a 7.61% surge after K9 launch. Source: tradingview.com

Shiba Inu Price Analysis

Shiba Inu (SHIB) coin price is up 7.61% following the launch of K9 Mainnet. The new product from the Shib team is a liquid staking platform for Shibarium, set to launch in just 12 hours.

Shiba Inu K9 Finance Dao, an official Shib project, is launching a liquid staking platform for Shibarium. As Shibarium is set to launch in just 12 hours from now, K9 Finance Dao is gearing up for the mainnet launch.

Shiba Inu K9 Finance Dao is launching a liquid staking platform for Shibarium. With just 12 hours to go before the mainnet launch, K9 is preparing for the big event.

Shibarium Network X Shibarium Network is now live on X. Get started with Shibarium right away! Tips for using X: A new product from Shibarium is now live! Get ready to experience Liquid Staking for $BONE, Real Yield Staking for $KNINE, farming $knBONE and Vesting $esKNINE.

The $KN

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