Shiba Inu $SHIB has regained its position in the top 15 cryptocurrencies by market cap after experiencing a decline in recent months. In the past 24 hours, the price of Shiba Inu has increased by over 5%, allowing it to surpass Wrapped Bitcoin $WBTC and Bitcoin Cash $BCH and reach the 14th spot with a market cap of $4.8 billion. The rise in price may be attributed to the announcement of a testnet bridge between Shibarium and Ethereum, which has sparked the interest of SHIB investors. The success of the upcoming Shibarium Layer-2 upgrade will be crucial in determining whether Shiba Inu can continue to build momentum and retest previous highs.
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