Shiba Inu Price Prediction as Shibarium Public Beta Launch Approaches – Is a SHIB Pump Coming?

The Shiba Inu price has fallen by 1.5% in the past 24 hours, dragged down by a cryptocurrency market that has reacted negatively to the expectation of another Fed rate hike.

This is due to the announcement that Shibarium, the layer-two network for Shiba Inu, is to launch its public beta this week, helping to inaugurate an era in which the meme token begins to offer some genuine utility.

SHIB's indicators continue to suggest that the meme token isn't too far from reaching a bottom, at which point it may enjoy a healthy rebound.

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