Lucie, Shiba Inu’s marketing chief, recently sparked a surge in interest for the SHIB cryptocurrency in India with a strategic post on X, promoting the #BridgeToShibarium trend. This movement highlights Shiba Inu’s expanding influence in India’s bustling crypto market.
Shibarium Trend Captivates Indian Market, Shiba Inu’s Marketing Efforts Gain Momentum
To instill market optimism in Shiba Inu, its marketing head, Lucie, recently posted on X, highlighting a strong trend for the dog-based meme cryptocurrency in India. The marketing lead’s post on April 20 brought attention to Shibarium bridging, which has surfaced in India’s top-trending section on X.
This piqued the interest of Indian crypto market traders and investors, as the trend demonstrated the growing popularity of the dog-based meme currency in the Indian crypto environment. So, let’s take a closer look at the post-Shiba Inu’s marketing lead shared, which generated a frenzy.
Shiba Inu Enhances Shibarium with New Tokens, Bolstering Market Confidence Amidst Volatility
According to the marketing lead’s post on April 20, #BridgeToShibarium has emerged as one of the top trending topics on X in India. This looks to be mostly consistent with Shiba Inu’s recent PIKA and DAMN token functionality chronicles. The freshly announced DAMN and PIKA coins further redefine Shibarium’s cryptographic capabilities, boosting hopes for Shiba Inu’s business.
PIKA, the Pre-sale Killer, is a token designed to automate presales on the Shibarium network. In contrast, DAMN, the Sol-Killer, is intended to manage liquidity and token supply through deliberate burns. These recently created currencies appear to be making substantial progress in Shiba Inu’s L2 Shibarium.
Meanwhile, SHIB, Shiba Inu’s native token, drew substantial attention with its price swings during the halving frenzy, boosting confidence in the meme coin’s ecosystem as a whole. Following the recent pre-halving corrections observed by SHIB, the token showed indications of recovery, fueling confidence in Shiba Inu, which matches Lucie’s newest post on X.
However, at press time, the coin fluctuated, portraying a speculative picture for crypto market investors.
Shiba Inu’s Price Fluctuates Amid Speculation, Showing Signs of Market Consolidation
The Shiba Inu token’s price has declined 2% in the last 24 hours and is now trading at $0.00002281. The token’s 24-hour lows and highs are $0.000025 and $0.000027, respectively, reflecting a significant consolidation for the token, which traded sideways on April 22.
Notably, SHIB’s charts showed price movement in red and green regions. This appears to have sparked speculation about Shiba Inu’s future price movement.