Shiba Inu's Shibarium Sees Super Bullish Momentum, But Can It Trigger SHIB Price to Astronomical Highs?

Lucie, the Chief Marketing Strategist for Shiba Inu, has taken to Twitter to provide crucial insights into the upcoming launch of Shibarium's Layer 2 solution, igniting a wave of excitement within the Shiba Inu community.

Timeline of Shiba-inu

After consolidating just below $0.000010, Shiba Inu (SHIB) closed the week strongly, extending its 30-day price gains to 42%. On-chain data analysis examines how SHIB price could react as investors begin to position for upcoming projects.

Shiba Inu (SHIB) has been on everyone's radar today as there has been a confluence of impressive performance across its fast-growing ecosystem. SHIB Token Burn Reflects Shibarium Anticipation Whales within the Shiba Inu ecosystem are doing a lot to help bolster the overall outlook of the protocol ahead of the full launch of the Shibarium

In an unexpected move, Bitget, a prominent player in the crypto exchange arena, has unveiled its latest move, the listing of Bad Idea AI (BAD), the much-anticipated Shibarium token. This announcement has sent ripples of excitement throughout the Shiba Inu community, as BAD gains entry into Bitget's esteemed Innovation Zone, Meme Zone and AI Zone.

Shiba Inu, the meme coin that has gained one of the strongest communities in the cryptocurrency industry, has recently thrown a peculiar signal into the ring, and it is worth every trader's attention.

In an astonishing turn of events, an astronomical sum of Shiba Inu tokens, totaling a staggering 750 billion, has been observed on the move within the last 24 hours. The trail leads back to the bankrupt American crypto broker, Voyager, which appears to be orchestrating a complex series of transfers.

Shiba Inu upholds a bullish outlook that stemmed from trading June's low at $0.00000597. The second most prominent meme coin has since then seen its value grow by at least 75% to exchange hands at $0.00001046 on Monday.

Shiba Inu's partner, Bad Idea AI (BAD), has experienced significant gains over the past 30 days. On-chain analytics provider Lookonchain draws attention to BAD's 500% surge over the past month.

With a 62.92% gain in the last 60 days, the Shiba Inu coin price remains one of the most successful coins in the crypto industry. Currently, the Shiba Innu coin price trades slightly above the psychological mark of $0.000010 with an intraday gain of 3.52%.

The official X account of the leading meme coin Shiba Inu has announced that the SHIB community should not expect to have a "quiet week ahead" since the word "quiet" is not on their vocabulary.

According to the latest insights from the IntoTheBlock Indicator, a staggering 100 trillion SHIB are circulating around the present price range. Such a colossal volume, transacting at this narrow price bracket, suggests the possibility of a significant resistance level forming for Shiba Inu.