Shiba Inu Team Announces New Developments
This initiative follows the report that Shiba Inu received a $12 million investment in April specifically for this new Layer-3 platform. Various reports indicate that fundraising rounds have reached valuations of up to $200 million.
Lucie’s announcements come at a critical time when Shiba Inu is still about 80% below its all-time highs. Since the beginning of the year, Shiba Inu has increased by 65%. However, new memecoin projects like Pepe (PEPE), Dogwifhat (WIF), and Bonk (BONK) continue to outperform SHIB.
