Shiba Inu (SHIB) Expect Something Big This Week: All You Need to Know

⚠️🚀 Update Shiba Inu 🐕🌐

After falling to $0.00001667, the Shiba Inu rebounded to around $0.000017, indicating a post-corrective recovery but still below July's high of $0.000035. The recent 2% monthly gain hints at potential upside momentum.

Exciting developments in the Shiba ecosystem include the upcoming layer 3 network, set to enhance security with Fully Homomorphic Encryption (FHE). This innovation will benefit SHIB, Bone, Treat and projects like Shibdentity and Shibacal NFT.

As Shibarium approaches its first anniversary of six million blocks, continued growth is expected. The figures suggest there could be a rebound in August, despite lower whale activity. SHIB's current descending wedge pattern could lead to a spike in volatility, potentially towards previous highs.