Shib’s Unstoppable Rally: 7 Days of Unprecedented Gains, Are You Ready for Shibarium Boost?

• Shiba Inu closes Shibarium intake forms, signaling a major step toward its launch.
• SHIB price shows a clear uptrend with a 10% rise in the last 7 days.
• Shibarium’s launch at the ETH Toronto Conference 2023 could serve as a catalyst for SHIB.

Shiba Inu, the popular cryptocurrency, has officially closed the intake form submissions for its much-anticipated Shibarium, a Layer-2 solution. This move signals a significant step towards the launch of Shibarium, stirring excitement within the crypto community.

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In recent updates, the Shiba Inu team unveiled a fresh look for their official websites, Shib.io and Shibarium Tech, featuring several new updates within the Shiba Inu ecosystem. 

The Shibarium intake form, introduced in February 2023, aimed to identify promising projects and offer support to those interested in contributing to SHIB. The form saw over 7000 applications, reflecting the immense interest within the crypto community.

Meanwhile, the SHIB price has shown a clear uptrend, rising over 10% in the last 7 days amid the market-wide hype. While the price shows a promising trend, investors are cautioned as a complete confirmation of a trend reversal is still pending.

Source: CoinGecko

The upcoming launch of the Shibarium Mainnet is highly anticipated, with speculations that it may take place during the ETH Toronto Conference 2023 in August. As the market turns bullish, the SHIB team may aim to launch Shibarium before August, adding to the excitement within the crypto space.

Looking ahead, the future of the Shiba Inu Network in the crypto space seems promising. With the launch of Shibarium and the positive trend in SHIB’s trading price, Shiba Inu is set to make significant strides in the crypto world.

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