Shiba Inu (SHIB) Value Surges By 50% as Bitcoin and Ethereum Recover

The price of Shiba Inu crypto-asset SHIB surged by 12%, putting SHIB’s weekly gains at 52%.

Shib is trading at $0.00003277 per coin, making the meme coin the 13th most valuable cryptocurrency globally with a market valuation of $17.9 billion.

SHIB holders point out that the crypto asset is in for a string of new projects, and this is also one of the reasons for the crypto asset surging in value.

A Singapore-based blockchain solutions provider which has partnered with companies like Amazon and Google, will be working with the Shiba Inu community to develop Shibarium.

What is Shibarium?