- Shiba Inu’s L2 could soon go live on Mainnet amid several collaborations.
- SHIB’s near-term price could consolidate around $0.00000773 and $0.00000793
- The short-term EMAs closed in on each other but the market structure favored the bulls.
Shiba Inu’s (SHIB) price has not neared the highs of 2021, sparking doubts about the long-term relevance of the token. However, the project has been doing all its can to improve in terms of utility. Previously, Shiba Inu was only known as a memecoin like Dogecoin (DOGE). However, since the bull market subsided, the project’s team has shifted its focus mainly from the price action.
SHIB: The Center of Utility
One development that has garnered attention in the Shiba Inu ecosystem is Shibarium. For context, Shibarium is the upcoming Layer Two (L2) network built on the Ethereum (ETH) blockchain.
While Shibarium development has passed the Testnet stage, NOWNodes, one of its development arms, announced on July 20 that the project’s Mainnet could soon be live.
https://t.co/t4e5ljpvCQ x @ShibariumNetThe post Will Partnerships and Shibarium Skew Shiba Inu from $0.000008? appeared first on Coin Edition.Final Updates before Mainnet launch
It's closer than you think
As we stated a couple of weeks ago, our team entere…
The post Will Partnerships and Shibarium Skew Shiba Inu from $0.000008? appeared first on Coin Edition.