Altcoin News- Shiba Inu currently trades for $0.00001086, increased by 5.50% during the past 24 hours.
- It is expect that Shibarium will increase the price of SHIB.
Shiba Inu’s developer Shytoshi Kusama finally made the much-anticipated announcement on Sunday that the beta version of Shibarium is now attainable to the general public. According to Kusama, a large, worldwide, and decentralized group required a decentralized Layer 2 network. Due to the presence of Shibarium as a layer-2 protocol, Shiba Inu is one of the cryptocurrencies with an upward trend.
Shiba Inu, a well-known meme coin and cryptocurrency, has seen an enormous spike in trader popularity. Shibarium, a brand-new DEX made particularly for the Shiba Inu environment, was developed. It relies on the Ethereum blockchain. And promises to offer a seamless and secure venue for trading SHIB and other tokens in the Shiba Inu ecosystem.
Due to the unique characteristics and the increasing popularity of Shiba Inu, many investors will likely find the platform to be a compelling investment opportunity. It is also expect that Shibarium will increase the price of SHIB in addition to offering a simple and inexpensive platform for trading SHIB. Shiba Inu currently trades for $0.00001086 with a 24-hour trading volume of $291,259,303. Also, SHIB has increased by 5.50% during the past 24 hours as per CMC.
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Source: https://thenewscrypto.com/the-long-awaited-shibarium-is-live-will-it-boost-the-shiba-inu-shib-price/