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Shiba Inu (SHIB) Witnesses 25% Surge in Just One Week, Despite Shibarium Network Disruption
Shiba Inu (SHIB) is not your average token – it’s a meme token that has taken the crypto world by storm! Back in 2021, this token skyrocketed in popularity, thanks to the likes of Elon Musk and Dogecoin (Doge). And while its origins may be humble, the Shiba Inu project has grown to become a major player in the crypto ecosystem.
And what about the trade price of the Shib token, you ask? Well, it’s been on fire, soaring 24% in the last 7 days alone!
But hold on, there was a little hiccup in the Shibarium network recently. On April 22, 2024, the network faced a brief technical issue that took it offline.
Turns out, it was all due to some networking issues among the validators.
Despite this little blip, the trade price of the Shiba Inu token remained steady. Now that’s what we call resilience!
And that’s not all – things are getting even more exciting. The Shiba Inu project team just secured $12 million in funding to develop a cutting-edge layer-3 blockchain network on Shibarium!
With this new network, they’re set to revolutionize crypto transactions, making them faster and more secure than ever. They’re even launching a new token called “$TREAT” – talk about sweetening the deal!
Keep an eye on this space because the Shiba Inu project has big plans – from $LEASE to $BONE, they’re expanding their token offerings and gearing up for the launch of the “SHI” token later this year. How’s that for innovation?
