featuring the introduction of the “Summer of Shibarium,” an exciting new campaign featuring forthcoming releases, Shiba Inu’s team is cranking up the heat.
Shibarium, the project’s Layer 2 blockchain, will launch in August after a redesign of the project’s website, Shib.io, sets off a series of exciting activities.
Lead developer Shytoshi Kusama also announced new branding earlier this month for the SHIB Army’s website and other platforms tied to the Shiba Inu ecosystem.
The Shibarium ecosystem, which has been driving the market performance of SHIB and other associated tokens, is seeing growing interest at the same time that there has been a flurry of activity.
In preparation of the release of Shibarium, investors have been expressing increased interest in the Shiba Inu cryptocurrency ecosystem, in particular its native token, SHIB.
The Layer 2 blockchain Shibarium, which will launch in August and address scaling and data bottlenecks, is eagerly anticipated by the Shiba Inu community. A conference will be held in conjunction with the launch that will feature a finished Worldpaper, in-depth presentations of Shiba Inu projects, and the first public appearance of “Treat,” as lead developer Kusama has promised.
As they wait for the results of the Summer of Shibarium, the upcoming weeks will unquestionably be critical for the Shiba Inu community.
Shiba Inu’s (SHIB) price is now $0.00000805, according to the most recent data from CoinGecko, with a market size of about $4.75 billion and a 24-hour trading volume of roughly $172.84 million.
The conditions seem ideal for a price increase given the broad investor interest that SHIB and associated tokens are attracting before to the Shibarium launch and the substantial watch list presence. Such significant platform or product launches have historically frequently improved the value of the linked cryptocurrency since they tend to draw more trading and investment activity.
