Shiba Inu is undoubtedly a shining star in the cryptocurrency world! This meme token, launched in 2020, quickly swept the internet and became the 'darling' of investors. In 2021, SHIB's price skyrocketed, creating countless legendary stories and attracting countless eyes, making many people addicted and unable to extricate themselves.
So, will SHIB spark such a frenzy again? Let's uncover the mystery together! In this ever-changing market, SHIB is not just a token but a symbol of culture. Behind it is the power and enthusiasm of the community, which gives SHIB a different charm compared to other currencies.
Shiba Inu: Core Programs and Ongoing Developments
The current price of Shiba Inu is $0.00002187, having risen 4% in the past 24 hours. The token has recently shown slow momentum, decreasing by 20% and 19% over the past week and month, respectively.
Moreover, the low price momentum of Bitcoin has put more pressure on the altcoin market, and tokens like SHIB have seen slow growth.
The year 2024 will be an important year for SHIB to shine! SHIB's marketing director, Lucie, elaborated on the significant impacts of this year on X. For SHIB, the upcoming opportunities are undoubtedly exciting.
Among them, the mainnet upgrade of the Shibarium platform is particularly noteworthy! Since the upgrade, the platform has successfully processed over 680 million transactions, demonstrating strong market activity. More importantly, these transactions not only promote the development of the ecosystem but also effectively maintain the stability and consistency of its price through the burning of SHIB.
Cross-chain expansion - Shibarium recently announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Cross-Chain Token Standard (CCT), allowing our SHIB, BONE, and LEASH to run seamlessly across 12 blockchains. This powerful collaboration not only enhances cross-chain functionality but also promotes the vigorous development of on-chain activities, even accelerating the frequency of SHIB burnings, which is great news!
For enthusiasts of the Shiba Inu ecosystem, this is undoubtedly a moment worth celebrating. In the future, we can look forward to Shibarium shining on more platforms, allowing every holder to enjoy the convenience and opportunities brought by cross-chain technology.
"Chainlink Integration:"
Real-time price trends of the token
According to data from CoinCodex, the current price of Shiba Inu is $0.00002187, and it could soar to $0.00004411 in five days.
"According to our current price prediction for Shiba Inu, by December 28, 2024, the price of Shiba Inu is expected to rise by 105.06%, reaching $0.00004411. Based on our technical indicators, the current sentiment is bearish, while the Fear and Greed Index shows 73 (greed). Shiba Inu recorded 14 out of 30 (47%) green days in the past 30 days, with a price volatility of 10.34%. According to Shiba Inu predictions, now is not a good time to buy Shiba Inu."
