BlocksInform
The crypto asset on the theme of the shiba inu dog () is booming in the midst of a constant stream of media hype on the plans of the project aimed at creating its own ecosystem.
Shib is up 21 percent in the last 24 hours and 55 percent in the last two weeks while developers tease the shibarium protocol.
The protocol will be an ethereum-based layer 2 network, similar to polygon, arbitrum and optimism.
The developers were very discreet about the start date of the project.
Earlier this month, developers announced the Shibarium blockchain will utilize Bone ShibaSwap () as the sole token for paying gas fees, triggering a rally in the utility token’s price.
Earlier this month, the developers announced the shibarium blockchain will use os shibaswap () as the only token to pay the gas charges, triggering a rally in the token price of the utility.
WhaleStats says the 16th-largest digital asset by market cap is now the most popular crypto among the top 1,000 Ethereum whales behind ETH and stablecoins Tether () and USD Coin (
According to WhaleStats, the top 1,000 Ethereum whales currently over $161.8 million worth of SHIB.
