Shiba Inu Might Soon Get a Utility Boost and Escape the Memecoin Arena
Shiba Inu grabbed headlines after surging by over 13,000 within weeks to break into the top-10 cryptocurrencies by market capitalization in 2021. Six months down the line, the development team wants to give it real-world utility instead of the memecoin tag that it rode to fame.
Shiba Inu’s community is rippling with excitement following reports that Shiberium, a layer-2 blockchain around the network, is nearing completion. Several reports have suggested that the Shibarium testnet will be launched in June with the strongest indicator being the $XFUND Mainnet upgrade expected in May. While the community tried rationalizing the founder’s disappearance, a worrying trend reared its head causing further panic.
Source
@Doge_ShibaInu
