According to the latest news, the next 2 updates turns Shiba Inu into privacy coin:
- The non-custodial privacy dApp Bermuda announced support for Shiba Inu (SHIB) allowing its users to conduct anonymous transactions.
- The Shiba Inu ecosystem continues to expand as the community eagerly awaits the launch of the Layer-2 Shibarium protocol.
Is it on the whole possible to turn a regular coin into privacy one? And does that mean that its rate will now start growing?
The SHIBA INU gained a lot of popularity in Elon Musk's short time with you and they have managed to maintain their popularity. So it's not unusual for them to do this for their future development. But if they reduce their supply it will look better and attract more attention from investors. Shib is disliked by many for its heavy supply. So I think it would be a good move to make their coin a privacy coin as well as reduce its supply. They have done very well in the market and are expected to do better in the future if they adopt more innovative strategies to catch the attention of more investors.