Shiba Inu: BitMEX's Arthur Hayes Lauds SHIB Name Launch

Highlights

BitMEX's Arthur Hayes applauds Shiba Inu's SHIB Names launch, adding credibility to the project.
SHIB Names marks a milestone for Shiba Inu's ecosystem, empowering the community in Web3.
Shiba Inu's lead, Shytoshi Kusama, celebrates the SHIB Names launch, reflecting bullish sentiment.

Shiba Inu, the self-proclaimed “Dogecoin Killer”, continues to gain attention from crypto enthusiasts as BitMEX co-founder Arthur Hayes joins the chorus of praise for the launch of SHIB Names. Despite a recent cooling in SHIB’s rally, excitement lingers, fueled by the introduction of this long-awaited development within the Shiba Inu ecosystem.

Besides, the meme coin buzz has been witnessed in the market lately, as evidenced by the surge in their prices in recent days.

BitMEX’s Arthur Hayes Joins the Chorus

BitMEX co-founder Arthur Hayes added his voice to the chorus of approval, amplifying optimism surrounding Shiba Inu’s latest update. Sharing D3’s announcement of early access to SHIB Names, Hayes underscored the growing influence of “dog money” in shaping the internet’s future, echoing sentiments shared by enthusiasts and community members alike.

The commendation from Hayes not only validates the significance of SHIB Names but also signals a broader acknowledgment of Shiba Inu’s evolving ecosystem within the crypto sector. As excitement mounts among market enthusiasts and within the Shiba Inu community, the launch of SHIB Names marks a pivotal moment in the meme coin’s journey toward mainstream adoption and utility.

Besides, with the “dog money” reference, the market experts are also anticipating it as an endorsement for other dog-themed meme coins like Dogecoin, dogwifhat (WIF), and others. For context, Arthur Hayes has previously lauded the WIF rally, which has also sparked optimism in the crypto market.

Also Read: Zama Raises $73M for Advancing Cryptography Tech in Blockchain

Shiba Inu’s SHIB Names Launch Marks Milestone

The Shiba Inu community celebrated a significant milestone with the official launch of SHIB Names, a venture aimed at revolutionizing the community’s foray into Web3. Partnering with D3 Inc., a DNS domain company, Shiba Inu aims to empower its members in navigating the decentralized web space, ushering in a new era of innovation and accessibility.

Meanwhile, Shiba Inu led Shytoshi Kusama lauding the development also bolstered optimism among the market participants. In a recent X post, he emphasized the development as a milestone for the meme coin’s ecosystem.

In other words, the endorsement of Shytoshi Kusama further underscores the significance of this development. Kusama’s comparison of “*Shib” to “.com” reflects a bullish sentiment, hinting at the potential of SHIB Names to become a ubiquitous presence in the digital landscape, akin to the iconic domain extension.

However, as of writing, the Shiba Inu price was down 17.77% to $0.00003178, with its trading volume falling 58% to $5.31 billion. However, over the last seven days, the meme coin has added nearly 130% to its current price.

Also Read: XRP Whales Relocate 66 Mln Coins As Price Eyes $1

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.