Ethereum

Shiba Inu

Coin

<ul class="news-points"> 
 <li><strong>The hype surrounding Shibarium was supposed to boost SHIB’s price, but the opposite happened.</strong></li> 
 <li><strong>Over the past 24 hours alone, SHIB’s price decreased by more than 6%, which left it trading at $0.000009225.</strong></li> 
 <li><strong>From a technical standpoint, SHIB was resting on the key support level at $0.00000915 at press time.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/shiba-Inu-SHIB/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> was able to claim a spot on CoinMarketCap’s trending list, but not for the reason most traders were hoping for. Despite the launch of SHIB’s highly-anticipated Shibarium network, the meme coin suffered a substantial loss during the past day of trading.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#PeckShieldAlert</a> <a href="https://twitter.com/hashtag/Shibarium?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Shibarium</a> <a href="https://twitter.com/hashtag/ShibaInu?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ShibaInu</a> <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> has dropped -7% <a href="https://t.co/rHUTBj6E8q" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/rHUTBj6E8q</a></p>— PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1692068068309242094?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 17, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>Shibarium is the project’s most anticipated effort to broaden the meme coin’s influence by integrating with an Ethereum Layer 2 solution. This is predicted to enable the attraction of a larger user base and increased investment within the ecosystem.</p> 
<p>Shifting from Shiba Inu’s current L1 chain to Shibarium has the potential to attract a larger user base. Additionally, the mainnet launch of Shibarium will encourage the utilization of dog-themed …</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/shibarium-fails-to-boost-shibs-price-meme-coin-down-6/">Shibarium Fails To Boost SHIB’s Price, Meme Coin Down 6+%</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Shibarium Fails To Boost SHIB’s Price, Meme Coin Down 6+%

Coin Edition

Other articles published on Aug 17, 2023

Rocket Pool Price Prediction: Will RPL Fall To the $25 Level?

EOS Labs: Connect. Engage. Evolve.

D3 Bahamas Web3 & FinTech Conference

Ethereum Classic Price Prediction: Will ETC Escape This Pattern?

Millions of SHIB Giveaway Announced by Major Crypto Exchange

Kraken NFT marketplace debuts, hosting 250 unique collections.

Join our free newsletter for daily crypto updates!