To boost Shiba Inu‘s market confidence, its marketing head, Lucie, highlighted a popular trend for the dog-themed meme cryptocurrency in India through a post on X, on April 20. The post she shared brought focus on Shibarium bridging, which gained prominence in India’s top trends on X.
The marketing lead’s post about Shiba Inu caused great excitement among Indian crypto traders and investors, highlighting the growing interest in this meme token within the Indian crypto community. Let’s delve deeper into what specifically ignited such enthusiasm.
‘#BridgeToSibarium,’ LUCIE Highlights On X
Based on the marketing lead’s post that was shared today, #BridgeToShibarium has become a popular topic on X in India. This trend can be attributed to Shiba Inu’s recent developments with their PIKA and DAMN tokens. The new tokens have significantly enhanced Shibarium’s cryptographic features, generating excitement for Shiba Inu’s project.
PIKA is a new token designed specifically for managing presales on the Shibarium network. On the other hand, DAMN is a token developed to regulate liquidity and token supply through intentional burns on the same network. Both tokens have gained notable traction within Shiba Inu’s Layer 2 solution, Shibarium, as highlighted by CoinGape Media in recent reports.
During the halving craze, Shiba Inu’s token, SHIB, drew notable interest due to its price fluctuations. This renewed interest boosted confidence in SHIB’s ecosystem as a whole. After experiencing corrections before the halving event, SHIB displayed indications of recovery, generating enthusiasm for Shiba Inu that aligns with Lucie’s recent post on X.
Despite this, the token showed significant price instability at the current moment, sparking uncertainty and potential for speculation among crypto market investors.
Shiba Inu Price Tumbles
At present, the price of Shiba Inu token has decreased by 2% over the last 24 hours and is now at $0.00002281. The token’s lowest and highest points in the past day were $0.00002242 and $0.00002353 respectively, indicating a stable trend with minimal price fluctuations today.
Significantly, the price of SHIB fluctuated between increases (green) and decreases (red) on its charts. This volatility sparked much debate among investors about what direction Shiba Inu’s price might take next.
Read More
- BTC PREDICTION. BTC cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- MNT PREDICTION. MNT cryptocurrency
- USD PHP PREDICTION
- GLM PREDICTION. GLM cryptocurrency
- SOL PREDICTION. SOL cryptocurrency
- BCH PREDICTION. BCH cryptocurrency
- USD MYR PREDICTION
- USD COP PREDICTION
- EUR PLN PREDICTION
2024-04-20 15:05