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Shiba Inu’s Shibarium Marks 1 Billion Transactions Milestone, But Why Is SHIB Price Still Struggling?

  • Shiba Inu's layer-2 network, Shibarium, has surpassed one billion total transactions, showcasing its steady growth and adoption within the Shiba Inu ecosystem.
  • Despite the milestone, the price of SHIB has struggled to gain positive momentum and remains under bearish pressure along with the rest of the crypto market.
  • The detachment between Shibarium milestones and SHIB's price is due to the fading hype and the general bearishness of the crypto market.
  • Currently, SHIB's price is holding flat near $0.000012, with a risk of falling below this level in the near future.

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