Shiba Inu Spots 5 Crypto Trends Set to Rule Next Bull Market

The latest edition of SHIB Magazine offers a 7,000 NFT giveaway and a sneak peek into blockchain’s nearest future.

Shiba inu is ready to fight for his Shib token.
Created by Kornelija Poderskytė from DailyCoin
  • SHIB Token released the 4th edition of SHIB Magazine.
  • Community members look forward to a 7,000 NFT giveaway.
  • Shiba Inu (SHIB) slumped 3%, hovering above a major support line.

SHIB Magazine, a community-focused weekly journal from the developers of Shiba Inu (SHIB), teaches the community to stay ahead of the game with a line-up of crypto trends slated for 2024. Before delving into the five cryptocurrency trends set to take over the markets next year, the devs also shared an announcement regarding the 7,000 NFT giveaway.

These NFTs will be dished out on a first-come-first-serve basis. The free NFT covers can be minted on SHIB.io’s official website by clicking “Claim Your Free NFT Cover” and connecting a self-custodial cryptocurrency wallet like MetaMask, Coinbase Wallet, or many others.

SHIB Magazine revealed Rеal-World Assеts (RWA) global tokenization as the number one trend in 2024. The trend is set to converge traditional finance and physical goods with the effervescent world of blockchain technology. To illustrate, RealT is a real estate company that uses blockchain technology to let customers invest in fractionalized real estate.

Secondly, SHIB Magazine forecasts a comeback for blockchain gaming, calling it a “match made in heaven” despite the heavy technical obstacles. The integrated NFTs have shined in the Play-to-Earn gaming sector, with the digital pet game Axie Infinity being the top choice for blockchain gamers.

SocialFi, the fusion of decentralized finance and social networking, is set to become a regular means for monetizing your content. Base’s Friend.Tech is one of the early successful examples of social media monetization via blockchain.

Fourth comes Layer-2 scaling solutions for crypto, as double-layered blockchains bring more scalability options and more cost-effective transactions. To illustrate, Polygon (MATIC) Layer-2 has struck deals with Coca-Cola, Disney, and Starbucks to assist in the Web3 space, while Shiba Inu’s own Shibarium L2 is built on a fork of Polygon.

Last but not least is the blending of artificial intelligence and blockchain technology. This innovation enables sophisticated data analytics, which can be used inside and outside crypto. To illustrate, AI trading bots have been the hottest trend in Q4 of 2023, while blockchain and AI have helped Kia & Hyundai to reduce carbon emissions via advanced real-time tracking.

On the Flipside

  • In contrast to the 5 crypto trends for 2024, SHIB Magazine also unfolded many scary possibilities concerning artificial intelligence.
  • These include realistic deep fakes, digital identity theft, autonomous robot weaponization, gene editing, and climate engineering.

Why This Matters

A glimpse into the next year’s tendencies can assist in choosing which altcoins will prosper in the next bull run.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.