Shibarium, Shiba Inu’s layer-2 blockchain solution, is set to receive a new upgrade that promises exclusive events, rewards, and enhanced utility for future expansion. This development has contributed to SHIB’s recent 9.5% daily rally, aligning with the overall bullish trend in the meme coin sector.
Key points:
1. Shibarium’s upcoming upgrade aims to bring new opportunities for users and enhance the utility of the L2 network.
2. The upgrade will allow for future expansion and unique interactions within the Shib ecosystem.
3. Previous upgrades include a new user interface, a hard fork, and a designated “Burn Portal” to decrease SHIB’s circulating supply.
4. SHIB’s price rally aligns with the bullish environment in the crypto sector, particularly among meme coins like DOGE, WIF, and PEPE.
The renewed interest in meme coins and the development of Shibarium have contributed to SHIB’s recent price surge, with its market capitalization surpassing $11 billion once again.