The crypto market is yet again plunging as the star crypto, Bitcoin, fails to retain its levels above $22,000. The majority of altcoins have followed Bitcoin and have begun to undergo a massive price slash, including a popular meme-coin, Shiba INU. The SHIB price has dropped by nearly 30% since the yearly highs and is heading to test the lower support level close to $0.00001.
In a major update, the much-awaited, layer -2 blockchain scaling solution within the SJINb Ecosystem, Shiabrium, is all set to go live anytime before the weekend.
Source: https://coinpedia.org/price-analysis/shibarium-beta-launch-date-approaches-will-shib-price-receive-a-bullish-push/