Shiba Inu Chart Appears On Twitter, While Developers Tease Shibarium

Paigambar Mohan Raj
Source: U.Today

Twitter has added the “cashtag” support for Shiba Inu (SHIB) charts in its search option. Users only need to search for “$SHIB” on Twitter, and they will be presented with the latest price chart with the choice of opening the chart on Robinhood.

Source: Twitter

Moreover, Shiba Inu (SHIB) is not the only token to get featured on Twitter. Dogecoin (DOGE) also made the cut, which is not surprising given that Twitter owner Elon Musk is a massive DOGE proponent. Many DOGE fans and users were worried when DOGE was not included during the initial launch. However, they can now breathe a sigh of relief.

Source: Twitter

Along with the positive news from Twitter, Shiba Inu (SHIB) prices also began to rally. At press time, SHIB was trading at $0.00000953, up by 4.3% in the last 24 hours. Moreover, the token has rallied by 13.4% over the past week. The surge in value follows a positive sentiment over the larger crypto market. With lower-than-expected inflation numbers for December, investors began the new year on a positive note.

Updates on Shiba Inu’s Shabarium layer 2

Apart from the positive market outlook, SHIB has other reasons for a rally as well. A developer from the project shared a glimpse into the upcoming layer 2, Shibarium.

The developer team of Shibarium announced the critical upgrade is in the Beta Phase last week, at which point an unexpected portion of the code was posted on GitHub. The Shibarium bridge is now being tested by beta testers. Every transaction will utilize the gas fee token Bone ShibaSwap (BONE).

The Shibarium updates have sent BONE flying. At press time, BONE was trading at $1.18, up by 8% in the last seven days, and by 44.9% in the last 14 days. BONE has also rallied by 44.3% over the last month and the past year.