Despite a promising start to the much-anticipated "Summer of Shibarium," Shiba Inu's native cryptocurrency, SHIB, has experienced a dramatic 36% price drop. Despite a promising start to the much-anticipated "Summer of Shibarium," Shiba Inu's native cryptocurrency, SHIB, has experienced a dramatic 36% price drop. The summer was expected to be a pivotal season for Shiba Inu, featuring the launch of Shibarium, a Layer 2 blockchain solution. Although it experienced a slight correction to $0.00000756 two days later, the token soon embarked on an upward trajectory, peaking at $0.00001136 on August 12, a 50% increase. This Layer 2 solution aims to enhance the Shiba Inu ecosystem.
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