Shiba Inu Price Jumps 9% After Platform Announcement
Shiba Inu price jumps 9% after Shibarium DappStore launch, boosting investor confidence in the future of the asset. According to developers, the platform was created to help users and developers quickly find reliable decentralized applications (dApps) built on the Shibarium blockchain.
Shibarium DappStore Strengthens Ecosystem Growth
The Shibarium DappStore aims to eliminate the need for users to search through countless social media posts or click unreliable links. It also seeks to lower the risk of scams, offering a trusted hub for verified dApps.
Shiba Inu’s Blockchain Activity Expands
The launch comes just weeks after Shibarium Layer 2 surpassed one billion transactions — a major milestone. Analysts note that Shiba Inu’s price continues to grow alongside the expansion of blockchain user activity.
Burn Rate of Shiba Inu Tokens Skyrockets
According to Shibburn, Shiba Inu’s token burn rate spiked by 825% recently. Over 26.48 million SHIB tokens were removed from circulation, potentially affecting supply and supporting future price increases.
Community Response Positive as Adoption Grows
LucieSHIB described the DappStore as a “community hub” that will help Shibarium move beyond traditional blockchain use cases. The ongoing technical achievements continue to reinforce Shiba Inu’s ecosystem expansion.