Shiba Inu's Price Surges Above Bitcoin and Ethereum Amid Shibarium's Success
Sunday, 17 March 2024, 20:36
Shiba Inu Outperforms Bitcoin and Ethereum
Despite receiving less attention, Shiba Inu has silently surpassed Bitcoin and Ethereum price performance this year.
Bitcoin and Ethereum Performance
- Bitcoin surged by 64% to over $73,000 due to spot Bitcoin ETF demand.
- Ethereum rose by 73% approaching $4,000 driven by speculation and Denku upgrade.
Shiba Inu's SHIB token skyrocketed by 246% to $0.00003599, reflecting mainstream interest.
Shibarium's Success
- Shibarium boasted 412 million transactions, rivaling other Layer 2 networks.
- Total locked assets peaked at $2M on Shibarium despite market corrections.
Shibarium growth relies on new projects and network support for more adoption.
Shiba Inu's achievement in the crypto market is highlighted by its recent price surge and Shibarium's success, making it a standout performer amidst digital assets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.