1200 DApps on Shibarium: The Rocket Fuel Shiba Inu Needs to Hit $0.0001?

Shiba Inu's layer-2 solution just hit a major milestone—but can 1,200 decentralized apps actually propel SHIB to that elusive penny mark?

The meme coin's ecosystem is growing faster than a Doge-themed NFT in a bull market. Shibarium now hosts over 1,200 DApps, from DeFi protocols to metaverse playgrounds. That's serious infrastructure for an asset that started as a joke.

Price predictors are foaming at the mouth. Some charts suggest $0.0001 is possible if network activity keeps climbing. Others warn the 'Wen Lambo' crowd might be overleveraged (again).

Here's the kicker: Shibarium's success doesn't guarantee SHIB's rise. Tokenomics still matter—and burning zeros requires more than just developer hype. Just ask any bagholder from the last 'sure thing' altcoin season.

One thing's certain: Wall Street still won't take it seriously... until they quietly accumulate positions and start calling it 'Web3 innovation.'

Can the 1200 Applications on Shibarium Take Shiba Inu to $0.0001?

A rise in utility could lead to a surge in adoption for SHIB. Adoption is key for an asset to rally. While the number of applications on Shibarium has increased, the same cannot be said about the SHIB coin. SHIB’s price continues to struggle. The launch of the Shibarium network unlocked a lot of potential for the shiba inu ecosystem. But demand has still not risen as many fans anticipated.

SHIB’s lackluster performance over the last few years is likely because of the bearish sentiment looming over the crypto market. Bitcoin (BTC) and a few other cryptocurrencies have hit new highs over the last year. But the same cannot be said for a majority of the crypto assets.

The SHIB team is also reportedly working on a new burn mechanism on the Shibarium network. The new burn mechanism could potentially burn trillions of tokens yearly. This could lead to a sharp dip in supply over the years. If demand remains high and the supply drops, the asset could experience a massive price surge.

More applications on Shibarium could bring more users to the SHIB ecosystem. Such a scenario could lead to more adoption for SHIB and, consequently, a surge in the asset’s price. However, hitting $0.0001 anytime soon may be out of the picture.