Bullish
Shiba Inu (SHIB) gains 3.89% after launching on Solana network
In the past 24 hours, Shiba Inu (SHIB) has experienced a 3.89% price increase following its integration into the Solana network via the Sunrise gateway. This strategic move aims to expand SHIB's reach within the Solana ecosystem, known for its active meme coin trading community. The listing was facilitated through Sunrise, a token gateway backed by Wormhole Labs.
Key points
- SHIB's integration into Solana via Sunrise gateway enhances its market presence.
- The listing on Solana does not affect SHIB's original ERC-20 token status on Ethereum.
- Solana's announcement of SHIB's listing led to a 3.89% price increase over 24 hours.
Sources
AI-generated from public news sources. Not financial advice.
