Shiba Inu has introduced the 'Shib Owes You' (SOU) initiative to address a $4 million loss from a bridge exploit in 2025. The plan, unveiled by lead developer Kaal Dhairya, converts user losses into tradable NFTs, providing liquidity and transparency. Each claim becomes a digital token on Ethereum, allowing holders to manage their assets actively. The initiative is audited by Hexens to ensure security and prevent fraud.
Despite the exploit, Shiba Inu's market resilience remains strong, with SHIB trading at $0.057149. Whale activity has increased, but strong support has maintained price stability. The success of the SOU initiative hinges on its execution and community adoption, with early signs indicating a commitment to restoring trust and supporting the token.
Shiba Inu Launches 'Shib Owes You' Initiative to Recover $4M Loss
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