SHIB is Exploring Privacy Technology SHIB is expl

SHIB is Exploring Privacy Technology

SHIB is exploring AI. There is already a mini-app on the TokenPlay AI platform that connects SHIB to the Token OS and creates another profitable app using supported tokens. This is aimed at expanding the functionality of the token outside the trading in exchanges. 

Also, there is an encryption upgrade being developed on Shibarium, which is planned to be released in December. This upgrade will enable smart contracts to be executed and keep the information in an encrypted form. This will be a big technical change to the network.

A Falling Wedge Formation

The token’s sentiment is also being defined by new technical indicators as traders monitor a long-term falling wedge on the SHIB chart. The trend is almost full-fledged following months of consistent compression. 

This setup becomes interesting with the chart displaying repeated tests of the lower support of the wedge. The recent bounce confirms the perspective of SHIB establishing a base.  

The wedge is one of Shiba Inu’s strongest bullish structures this year. The pattern outlines a clean downward trend with clear touches on both resistance and support