One of the biggest success stories this year has been the wonder memecoin Shiba Inu‘s meteoric rise. The crypto, which has gained by over 44,622,335% over the year, has often been touted as a rival to the OG Dogecoin. Needless to say, in keeping with the theme of dog coins and shitcoins, many consider it to be useless.
In fact, the usual points of argument such as the apparent lack of use cases, development activity, and low public opinion are often thrown at SHIB supporters.
In an effort to counter this negative perception and not become obsolete, the team behind Shiba Inu has been constantly evolving its ecosystem. In fact, ShibaSwap developer Eric M even gave an update on Shib’s layer 2 solution Shibarium’s progress on Discord recently,
Read more on ambcrypto.com