Shiba Inu on rampage as ShibaSwap now hosted on Shibarium
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ShibaSwap and its thriving marketplace might also boost the total transaction count on Shibarium. The daily transaction count on the L2 platform has flattened out since at least April 20. With more swaps on Shibarium, this metric can revive and possibly contribute to the growth in the total number of SHIB tokens sent to
The Shiba Inu price revival also stems from the realization of the impact of the DEX as concerns staking on Shibarium. This can largely help control the circulating supply of SHIB and, hence, price valuation over time.The current price trend pegs the price of Shiba Inu at $0.00002549, beating the $0.000023 point that has formed a crucial barrier for over a month. With the token breaching this resistance point, it might further stretch to reclaim the $0.00003 mark.
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