SHIB’s price is on the rise monthly, buoyed by a dramatic increase in its burning mechanism and the development of Shibarium, which aims to enhance the ecosystem’s efficiency and reduce transaction costs.
The early Bitcoin adopter, using the X handle Davinci Jeremie, seems to be bullish on other cryptocurrencies, too. Most recently, heDavinci Jeremie is a famous individual across the crypto community, often praising the merits of Bitcoin . More than a decade ago, he“It’s just a dollar, get some bitcoins. Put it away, it goes to nothing; who cares, right? You only spent a dollar.
BTC’s value has experienced an astronomical surge since then, making Jeremie’s advice more than useful.by 2,300% in March, and the development of the layer-2 scaling solution Shibarium could boost the price of the meme coin. The latter is designed to foster the growth of the Shiba Inu ecosystem by improving speed and reducing transaction fees. Those curious to learn more about it, feel free to check our dedicated video below:The Best Shiba Inu Alternatives in 2024: Meme Coin Deep DiveSign-up FREE to receive our extended weekly market update and coin analysis report
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