Here is the latest update of Shiba:-
Shiba Inu's current price is $0.0000127, with a 0.92% increase in the last 24 hours. Its market capitalization stands at $7.74 billion, with a circulating supply of 589.55 trillion SHIB tokens.
*Recent Developments:*
- *Shibarium Milestone*: Shibarium, Shiba Inu's Layer-2 scaling solution, has processed over 600 million transactions, achieved a total value locked (TVL) of $6 million, and reached around 2 million wallet addresses.
- *Token Burn*: The Shiba Inu community has actively participated in token burn events, such as the recent 250 million SHIB token burn, aimed at reducing supply and potentially increasing value.
- *New Projects*: Emerging projects like Lightchain AI Tokens (LCAI) are making waves, with the Lightchain AI Presale offering a unique opportunity for early investors to get involved in the next phase of blockchain innovation.
- *Price Predictions*: Analysts predict potential price surges, with some speculating SHIB could reach new highs driven by community engagement and network upgrades ¹ ².
*Community Updates:*
- *Shiba Inu Team Warning*: The Shiba Inu team has issued a warning to investors and users about potential scams and security risks.
- *Interim President Election*: The Shiba Inu community is set to elect an interim president and DAO councils, marking a significant step in the project's governance ³.
