• Shiba Inu has recently climbed in price and become a popular starter coin for newly funded wallets.
• Shibarium, an ecosystem’s L2 solution, is nearing its launch and will give the token more utility.
• Shiba Eternity, a blockchain version of the game, has been launched in October 2022 and is still awaiting the blockchain version.
In recent days, Shiba Inu has made headlines as the token has seen a surge in its price, joining the other altcoins in the rise. This success has been recognized by Nansen, a crypto market research firm, who recently named Shiba Inu the most popular starter crypto for newly funded wallets. According to the report, an estimated $56 million was tracked by Nansen, flow into 12,000 newly made wallets. This success can be attributed to the buzz surrounding Shibarium, an ecosystem’s L2 solution which is expected to give the token more utility.
The Shiba Inu token has seen a lot of development in the recent months, with the launch of Shiba Eternity. The game was launched in October of 2022 and is currently in its beta phase, introducing the community to the features of the upgrade. While the game is still awaiting the blockchain version, the team is working on the launch of Shibarium, which is expected to be released soon.
In addition to the developments and the rising popularity of the token, the Shiba Inu team has also set up a number of initiatives to help the community. These initiatives include the Shiba Inu Foundation, which provides financial assistance to those in need and the Shiba Inu Marketplace, which is a platform for buying and selling goods and services using the token.
Overall, the Shiba Inu token has been making waves in the crypto sphere with its surge in price and the various initiatives it has implemented. With the launch of Shibarium coming soon and the blockchain version of Shiba Eternity in the works, the token is expected to only grow in popularity, further cementing its position in the crypto market.