Shibarium's Record-Breaking Growth Boosts SHIB and Dogen

Shibarium has reached a new milestone with its Total Value Locked (TVL) nearing $5 million, reflecting increased investor confidence and network activity within the Shiba Inu ecosystem. This surge in TVL, alongside a significant increase in active accounts, suggests enhanced network adoption. Despite a notable rise in Shiba Inu's burn rate, which aims to reduce token supply, its impact on SHIB's price remains limited without stronger demand-side catalysts. SHIB's price has shown resilience, climbing over 7% recently, but still faces resistance at $0.00003500.