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Co-Founder of Shiba Inu Alludes to Significant Partnerships and Shibarium as a Possible Price Growth Catalyst
A co-founder of Shiba Inu alludes to significant alliances that may increase the value of SHIB, while Shibarium, the network's layer-2 solution, obtains traction in the cryptocurrency space.
Shytoshi Kusama, co-founder of Shiba Inu and a pseudonym, has reportedly hinted at significant partnerships during his recent social media absence, as reported by CryptoPotato. Kusama disclosed that he has been in discussions with a number of significant platforms and individuals regarding a matter that could potentially advance the Shiba Inu community and usher in a new era for the network. Consequently, SHIB experienced a 2% growth within twenty-four hours and a 1% weekly expansion, with possible future expansion stemming from significant partnerships.
Experts contend that future SHIB price increases may be influenced not only by potential partnerships but also by the widespread adoption of Shiba Inu's layer-2 blockchain solution, Shibarium, and its continued development. Upon its successful launch at the end of August, the layer-2 network swiftly garnered interest within the cryptocurrency community, attaining significant benchmarks in transaction volume, wallet count, and overall activity. The price increase of SHIB is considered to be accelerated by the success of Shibarium.
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