Ethereum

Dogecoin

Shiba Inu

Coin

<ul class="news-points"> 
 <li>Shiba Inu’s L2 could soon go live on Mainnet amid several collaborations.</li> 
 <li>SHIB’s near-term price could consolidate around $0.00000773 and $0.00000793</li> 
 <li>The short-term EMAs closed in on each other but the market structure favored the bulls.</li> 
</ul> 
<a href="https://coinedition.com/tag/Shiba-Inu-SHIB/" rel="noopener noreferrer nofollow">Shiba Inu’s (SHIB)</a> price has not neared the highs of 2021, sparking doubts about the long-term relevance of the token. However, the project has been doing all its can to improve in terms of utility. Previously, Shiba Inu was only known as a memecoin like Dogecoin (DOGE). However, since the bull market subsided, the project’s team has shifted its focus mainly from the price action. 
<h2 class="wp-block-heading" id="h-shib-the-center-of-utility"><a></a>SHIB: The Center of Utility</h2> 
One development that has garnered attention in the Shiba Inu ecosystem is Shibarium. For context, Shibarium is the upcoming Layer Two (L2) network built on the <a href="https://coinedition.com/ethereum-eth-price-prediction/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> blockchain. 
While Shibarium development has passed the Testnet stage, NOWNodes, one of its development arms, announced on July 20 that the project’s Mainnet could soon be live. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://t.co/t4e5ljpvCQ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/t4e5ljpvCQ</a> x <a href="https://twitter.com/ShibariumNet?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@ShibariumNet</a> Final Updates before Mainnet launch <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6e0.png" alt="🛠" class="wp-smiley" style="height: 1em; max-height: 1em;"> It's closer than you think <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4e3.png" alt="📣" class="wp-smiley" style="height: 1em; max-height: 1em;"> As we stated a couple of weeks ago, our team entere… 
 </blockquote> 
 </div> 
</figure> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/will-partnerships-and-shibarium-skew-shiba-inu-from-0-000008/">Will Partnerships and Shibarium Skew Shiba Inu from $0.000008?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Will Partnerships and Shibarium Skew Shiba Inu from $0.000008?

Table of Contents

Coin Edition

Other articles published on Jul 24, 2023

Solana (SOL) Price Prediction - Tradecurve Outruns Polygon (MATIC) In User Base

Terra Community Member Hopes Tron Founder’s $10M Pledge Not a PR Stunt

MetaIguana Status

Top 5 Holdings of GBTC That Investors Should Look Out For

Attention Traders; Bitcoin is All Set to Undergo a Pre-FOMC Drop; Are We Heading Down?

Worldcoin Searches Exceed Ethereum on Google! What Rank Is ABD?

Join our free newsletter for daily crypto updates!