Binance, the world’s largest cryptocurrency exchange by trading volume, posted a cryptic image on X on Monday that could hint at major upcoming events in the Shiba Inu ecosystem. The image, which depicted a Shiba Inu dog next to two oranges on a piece of luggage wrapped in Binance’s signature yellow ribbon, was captioned “ready for the next chapter!” The teaser sparked a wave of speculation within the SHIB army.

I got ready for the next chapter! photo:twitter.com/5MEKl09l5A

— Binance (@binance) July 15, 2024

What surprise does Binance have in store for the Shiba Inu army?

The cryptic nature of the teaser led many to believe that Binance could be hinting at the upcoming integration of Shibarium, Shiba Inu’s Layer 2 solution that aims to improve blockchain scalability and performance. The main goal of Shibarium is to enable faster and cheaper transactions for token holders, which should significantly raise the token’s usability and appeal.

Popular member of the SHIB community, “Sand”, It was speculated via X about the potential rewards associated with the Shiba Inu ecosystem tokens, BONE and LEASH. She wrote: “Oh dear Binance, you teaser. Is this support for Shibarium? Or maybe you’ll give Shib some delicious BONE and LEASH? #ShibArmy is waiting!”

This speculation was maintained by Kuro, a prominent figure in the Japanese Shiba Inu community, who redesigned the promotional image to include the Shibarium, BONE, and LEASH logos, further sparking discussion on social media.

Another prominent thread of speculation concerns the possibility of Binance initiating a token burn program for Shiba Inu, similar to its ongoing efforts with Terra Luna Classic (LUNC). The Lola community figure was vocal in pushing Binance CEO Richard Teng on July 9 to expand the exchange’s token burn model to SHIB, using a portion of spot transaction fees and margin for the burn.

The LUNC burn mechanism has been in operation since 2022 as part of an effort to revive the project following the market crash. Previous Binance token burn initiatives have demonstrated their ability to reduce the token supply and potentially raise its value, making it a sizzling topic among SHIB holders.

Another theory from the SHIB community is that Binance may list another token from the Shiba Inu ecosystem. Specifically, it is Pawzone (PAW), the main NFT marketplace token for the Shiba Inu ecosystem.

Binance has yet to provide any official explanation or details regarding the nature of the advertised announcement. This lack of information continues to fuel speculation and discussion in the community. The possible outcomes – whether it’s Shibarium integration, a recent token burn program, or something else entirely – could be massive news for the Shiba Inu ecosystem.

At the time of going to press, SHIB’s share price was $0.000027.

Featured image with X, chart from TradingView.com