SHIB’s Path to Transparency: DAO Launch and Rug Pull Investigations
Shiba Inu (SHIB) is taking significant steps toward enhancing transparency and trust within its ecosystem. On June 2, 2025, the development team announced the launch of a Decentralized Autonomous Organization (DAO) while simultaneously investigating past rug pulls on the Shibarium network. These efforts aim to address concerns about bad actors exploiting the ecosystem and undermining its credibility. Core contributor Davinci.Shib revealed the ongoing probe via social media, targeting groups accused of profiting from the network while disparaging it. The team has pledged full transparency, promising to publish verified findings, though some details may remain confidential. Currently, SHIB is trading at 0.00001277 USDT, as the community watches these developments closely for potential long-term impacts on the token’s value and ecosystem health.
Shiba Inu Launches DAO as Developers Investigate Past Rug Pulls
Shiba Inu’s development team is scrutinizing internal rug pulls within the Shibarium network, following concerns about projects exploiting the ecosystem while undermining its credibility. Core contributor Davinci.Shib revealed the investigation via social media, targeting groups accused of profiting from the network while disparaging it.
The team pledges transparency, promising to publish verified findings but will withhold action if evidence remains inconclusive. This probe coincides with escalating warnings from Shiba Inu’s marketing lead, Lucie, about surging scam attempts and hijacked social media accounts spreading misinformation.
BlockDAG Raises $281M in Presale, Poised to Join the Best Crypto Coins of 2025
Optimism is returning to the crypto market in 2025, with investors seeking projects that combine solid foundations, real-world utility, and growth potential. Established players like Aave, Uniswap, and Shiba Inu continue to innovate, but BlockDAG is emerging as a standout contender.
The project has raised $281 million in its presale, selling 21.8 billion BDAG coins to over 170,000 holders. With a current presale price of $0.0018 and a projected launch price of $0.05, early investors could see returns of up to 2,520%. BlockDAG’s hybrid architecture—combining Directed Acyclic Graph technology with Proof-of-Work—positions it as a scalable and secure solution in the evolving blockchain landscape.
Leading SHIB Holder Surfaces, Bringing an Unexpected Twist
A shiba inu whale wallet holding over 410 trillion SHIB tokens—worth approximately $5.9 billion—has been identified as a burn address, permanently removing the tokens from circulation. The revelation has stunned market observers, upending expectations of exchange dominance.
Arkham Intelligence’s data shows the burn address has accumulated tokens since 2021, eclipsing major exchanges. Binance, Robinhood, and Crypto.com trail significantly, with Upbit securing the second-largest holding at 49.6 trillion SHIB. The discovery underscores the impact of token burns on supply dynamics.
Shiba Inu Price Breakout Sparks Trader Optimism
Shiba Inu (SHIB) is drawing significant market attention as its price edges upward, with one trader identifying a potential breakout scenario. The meme coin traded at $0.00001281 early Monday, marking a modest 0.23% gain amid volatile conditions.
Crypto trader Amir Rajpoot BNB issued a bullish alert, citing reversal signals and proposing a trade setup with buy zones between $0.00001260–$0.00001275. His profit targets range up to $0.00001428, while recommending a stop-loss below $0.00001225. SHIB’s $7.55 billion market cap and $135 million daily volume suggest lingering speculative interest despite muted price action.
