Shiba Inu （SHIB） is poised for significant developments this week, which could impact its price and ecosystem.
Points
- SHIB price recovery after recent drop
- Development of a layer-3 network
- Upcoming projects and services
- Potential for price increase based on historical trends
After dropping to $0.00001667 on Sunday, Shiba Inu （SHIB） has rebounded to the $0.000017 levels. Although still far from July’s high of $0.0000175, SHIB has shown resilience with a 2% surge this month.
One of the most anticipated developments is the introduction of Shiba Inu’s layer-3 network. This network will leverage Fully Homomorphic Encryption （FHE） to ensure security and privacy, allowing secure data use on untrusted domains without decryption.
In addition to this, the SHIB team has announced several new projects and services, including Shibacal NFTs and Shiba Eternity. These projects aim to expand the Shiba Inu ecosystem, potentially boosting user engagement and the token’s value.
Historical trends indicate that SHIB could see a bullish rally in August. Data from CryptoRank suggests an average profitability of 2.67% and a median of 3.36% for SHIB in August, providing a positive outlook for the token.
解説
- The upcoming layer-3 network and new projects can significantly enhance the Shiba Inu ecosystem, attracting more users and investors.
- Historical trends and recent price movements suggest a positive outlook for SHIB in the near term.
- Investors should monitor the development of new projects and overall market sentiment to predict potential price movements.