SHIB News: Potential Boost for Shiba Inu from Ethereum’s ’Pectra’ Upgrade on Shibarium

Amidst a turbulent week for the cryptocurrency market, Shiba Inu (SHIB) holders are looking ahead to a potential bright spot. Ethereum’s (ETH) upcoming ’Pectra’ upgrade on Shibarium, scheduled for April 2025, could provide the necessary impetus for SHIB to reverse its recent 12% decline.

Shiba Inu to Get Boost From ETH Upgrade: Can SHIB Reverse 12% Fall?

The cryptocurrency market has experienced a difficult week. However, Shiba Inu (SHIB) is expected to receive a boost from Ethereum’s (ETH) upcoming ’Pectra’ upgrade on Shibarium, scheduled for April 2025. This upgrade aims to improve scalability, staking, and user experience, potentially reversing SHIB’s ongoing 12% fall. The project’s marketing lead Lucie noted on X (formerly Twitter) that the upgrade will merge two notable improvements into one single evolution. Additionally, Ethereum’s Pectra upgrade will enhance Layer 2 solutions, making them faster, cheaper, and easier to use. Users won’t need ETH for gas fees when moving assets, reducing costs.

Shiba Inu (SHIB) Plummets 80%; Investors Consider Alternatives

Shiba Inu (SHIB), once a viral crypto phenomenon, has dropped 80% from its 2021 peak and another 10% in the last week to critical support at $0.000012. Analysts caution a potential decline to $0.0000094 if selling pressure persists. With broader market volatility and 58% of SHIB investors underwater, giant investors control 74% of supply. Against this backdrop, Mutuum Finance (MUTM) emerges as a safe haven for investors seeking real utility and growth.

Crypto Explosion: Arctic Pablo Coin, Shiba Inu, & TRUMP Ignite the Market!

In the ever-evolving world of cryptocurrencies, meme coins have captured the imagination of investors. This week, Arctic Pablo Coin, Shiba Inu, and the TRUMP meme coin are making significant waves. Arctic Pablo Coin offers a frosty adventure theme, while Shiba Inu and TRUMP have their own unique appeal. Each coin presents distinct opportunities and potential returns.

Shiba Inu (SHIB) Price Prediction for March 2

The current performance of Shiba Inu (SHIB) is a mix of short-term bullish momentum and longer-term bearish pressure. The token is trading at $0.00001497 after a 10.49% increase over the past 24 hours, indicating renewed buying interest. However, a 22.10% decline over the last 30 days suggests overall market sentiment has been bearish. Technical analysis shows SHIB has established key support around the $0.00001400 level, which is critical for a sustained rebound. Resistance is observed between $0.00001500 and $0.