Shiba Inu has had a couple of interesting developments recently:
Market Performance and Whale Activity: October saw a surge in the value of Shiba Inu (SHIB), riding the wave of Bitcoin's climb to $35,000. Shiba Inu attempted to breach the resistance at $0.000008 but faced a slight pullback. As of the latest data, SHIB was trading at $0.00000779. Significant crypto transfers by "whales" were also spotted, with around $35 million worth of SHIB tokens moved between unknown wallets. These movements could potentially influence market volatility and price.
Shibarium Integration: Shiba Inu’s marketing expert Lucie announced the integration of Shibarium, Shiba Inu’s Layer-2 blockchain, on Atomic Wallet, which is a significant step for the blockchain's adoption. Although Atomic Wallet hasn't officially confirmed this integration, it has indicated support for Shibarium. Shibarium has processed over 3.78 million transactions, has more than 1.25 million wallets, and stands as one of the fastest Layer-2 blockchains on the Ethereum network. Other top crypto projects have also declared support for Shibarium, with expectations that the crypto hardware wallet provider Ledger will follow suit.
These updates show Shiba Inu's continuing efforts to expand its ecosystem and the sustained interest from the crypto community in meme coins, which may drive further adoption and integration into various platforms.
