Shiba Inu swallowed the bones of Bitcoin and Ethereum with a 6% increase
Meme Cryptocurrency Shiba Inu
SHIB/USD
+9.90%
5.98% increase in the past 24 hours exceeded Bitcoin
Bitcoin/USD
+12.0%
And Ethereum
ETH/USD
+9.69%
profit.
SHIB, known as "dog money"
Governor/USD
+7.76%
Killer ", after the large cryptocurrency investors transferred millions of dollars of cryptocurrency, the value of cryptocurrency has soared unprecedentedly. The whale transferred US $28.7 million of SHIB, triggering a massive buying frenzy and leading to a sharp increase in the value of the token
With the long-awaited upgrade of Shibarium getting closer, there are more and more speculation about when it will come. Although the official date has not yet been released, the upgrade is expected to be scheduled for early 2023.
Shibarium upgrade is a Tier 2 platform, which is a major improvement on the existing SHIB blockchain. It was first proposed by Ryoshi, its anonymous founder, in May 2021.
Since SHIB is built on the ETH blockchain, projects in the SHIB ecosystem have been struggling to cope with scalability and high gas costs. Shibarium upgrade promises to provide enhanced scalability and significantly reduce high transaction costs.
Price action: The BTC transaction price was $17463, up 1.49%. According to the data of Benzinga Pro, the price of DOGE was US $0.07662, up 2.05% in the past 24 hours.