Shiba Inu's Marketing Chief Spotlights Hot Trend For SHIB In India

Cryptocurrency

Shiba Inu’s Marketing Chief Spotlights Hot Trend For SHIB In India – Crypto News

Published

1 year ago

April 20, 2024

Dripp

In a bid to inject a dose of market optimism into Shiba Inu, its marketing lead, Lucie, recently took to a post on X, spotlighting a hot trend for the dog-based meme cryptocurrency in India. The post shared by the marketing lead today, April 20, drew keen attention to Shibarium bridging, as the term emerged in India’s top-trending section on X.

This sparked immense curiosity among Indian crypto market traders and investors, as the trend further underscored the rising popularity of the dog-based meme token within the Indian crypto landscape. So, let’s take a closer look at the post Shiba Inu’s marketing lead shared that sparked a sense of frenzy.

‘#BridgeToSibarium,’ LUCIE Highlights On X

According to the marketing lead’s post shared today, #BridgeToShibarium emerged as one of the top trending topics on X in India. This appears to be primarily falling in line with Shiba Inu’s recent PIKA and DAMN token functionality chronicles. The recently launched DAMN and PIKA tokens further revolutionize Shibarium’s cryptographic capabilities, in turn, fueling optimism for Shiba Inu’s venture.

PIKA, the Pre-sale killer, is a token tailored to automate presales on the Shibarium network, whereas DAMN, the Sol-Killer, is fostered for handling liquidity and token supply through deliberate burns. These recently launched tokens appear to be making significant strides within Shiba Inu’s L2 Shibarium, as also spotlighted by CoinGape Media earlier.

Meanwhile, SHIB, Shiba Inu’s native token, garnered significant attention with its price movements amidst the halving frenzy, fueling optimism on the meme coin’s ecosystem as a whole. Following the recent pre-halving corrections witnessed by SHIB, the token illustrated signs of a recovery, propelling optimism on Shiba Inu that aligns with Lucie’s latest post on X.

However, the token illustrated a highly volatile movement at press time, painting a speculative picture among crypto market investors.

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Shiba Inu Price Tumbles

As of writing, the Shiba Inu token’s price has fallen 2% in the past 24 hours and is currently trading at $0.00002281. The token’s 24-hour lows and highs are $0.00002242 and $0.00002353, respectively, mirroring a strong consolidation for the token with sideways trading today.

Notably, SHIB’s charts illustrated a price movement in both red and green territories. This appears to have stirred a whirlpool of speculations surrounding Shiba Inu’s price action ahead.

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