To inject some market optimism into Shiba Inu, Lucy, the company's marketing lead, recently posted on X highlighting the hot trend of dog-based meme cryptocurrencies in India. A post shared by a marketing executive today, April 20, drew strong attention to Sybarium Bridging as the term appeared in his Top Trends section on X in India.
This trend further underlines the growing popularity of dog-based meme tokens in the Indian crypto market and has generated a great deal of curiosity among traders and investors in the Indian crypto market. . So, let's take a closer look at the post shared by Shiba Inu's head of marketing that sparked a frenzy.
“#BridgeToSibarium”, LUCIE highlights X
#BridgeToShibarium has emerged as one of the top trending topics on X in India, according to a marketing leader post shared today. This seems largely in line with Shiba Inu's recent record of her PIKA and DAMN token features. His recently launched DAMN and PIKA tokens further revolutionize Shibarium's crypto capabilities, further increasing optimism for Shiba Inu's adventures.
PIKA, a presale killer, is a token tailored to automate presales on the Shibarium network, while DAMN, a solkiller, was developed to handle liquidity and token supply through intentional burns. Ta. These recently launched tokens appear to be making great strides within Shiba Inu's L2 Shibarium, as previously noted on CoinGape Media.
Meanwhile, Shiba Inu's native token, SHIB, received a lot of attention for its price movement amidst the halving frenzy, reinforcing optimism for the meme coin ecosystem as a whole. Following the recent pre-halving correction witnessed by SHIB, the token showed signs of recovery, driving optimism for Shiba Inu that is in line with Lucy’s latest post on X.
However, this token was exhibiting highly volatile movements at the time of writing, painting a speculative picture among investors in the cryptocurrency market.
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Shiba Inu prices plummet
At the time of writing, the price of the Shiba Inu token has fallen 2% in the past 24 hours and is currently trading at $0.00002281. The token’s 24-hour low and high were $0.00002242 and $0.00002353, respectively, reflecting the token’s strength with today’s sideways trading.
In particular, the chart of SHIB shows price movement in both the red and green areas. This seems to have sparked a whirlwind of speculation regarding the Shiba Inu's future price movements.
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