Coinspeaker Shiba Inu Price Pumps Over 8% after ShibaSwap Launched on Shibarium Shiba Inu (SHIB), the largest meme coin ecosystem on the Ethereum (ETH) network, rallied more than 5 percent in the last 24 hours to trade around $0.000025 on Thursday during the London session. The large-cap altcoin, with a fully diluted valuation of about $25 billion and daily average traded volume of around $945 million, has significantly benefited from the heightened meme coin demand. Moreover, the recent spike in GameStop Corp-inspired crypto projects has triggered a notable rise in the meme coin industry. As Coinspeaker previously reported, the Shiba Inu project has gradually shifted from a speculative-oriented meme coin to a utility-based cryptocurrency through its Shaibarium layer two scaling solution. As of this writing, the Shibarium network had a total value locked (TVL) of about $2.3 million, with most of the decentralized f...

#Ethereum #Shibarium