Articleabout 1 year ago

Shiba Inu's Shibarium Gains Traction, But Price of SHIB Remains Unsteady

Shiba Inu's Shibarium Gains Traction, But Price of SHIB Remains Unsteady
Summary
  • Shiba Inu's Shibarium layer-2 solution has gained traction since its launch, with increasing adoption and transaction volume.
  • Despite this, the price of SHIB has experienced volatility and a decline in market cap, leading to concerns from the community.
  • Lucie, a member of Shiba Inu's development team, calmed the waters by emphasizing that market fluctuations are common in the cryptocurrency industry and that there is no reason for alarm.
  • The team remains focused on upcoming projects and the potential for SHIB's future growth, particularly with the establishment of Shibarium.
  • Shibarium recently welcomed an Italy-based fast food franchise, Welly, to its blockchain, showcasing the practical applications of the technology.
  • At present, SHIB is trading at $0.00000726, but the team continues to work behind the scenes and provide updates to the community.

📣 Related news

Loading news...

💼 DePIN Hub Newsletter

We bring you real world use cases of web3 through DePIN. And btw, you can generate passive income along the way!