Shiba Inu (SHIB) is once again capturing market attention. The Ethereum-based meme token surged nearly 9% after the official launch of the Shibarium DappStore, a platform designed to simplify access to decentralized apps (dApps) within the Shiba Inu ecosystem.
Shibarium DappStore Goes Live
On April 25, Shiba Inu ecosystem contributor LucieSHIB announced via X (formerly Twitter) that the Shibarium DappStore is now live. The new platform allows users and developers to discover and access verified dApps built on Shibarium, the project’s Layer 2 network.
For users, the DappStore reduces the risk of scams by curating and listing trustworthy dApps. No more scrolling through random social media posts or unverified links—this new platform makes it easier to find reliable tools and apps.
Boost for Developers and Ecosystem Growth
Developers also benefit from this streamlined visibility. In a crowded crypto space, getting noticed can be tough. The DappStore solves this by giving projects a place where users are actively looking for new tools.
This increased exposure can create a positive cycle—more visibility leads to more users, which encourages developers to build more, further expanding the ecosystem.
LucieSHIB described the DappStore as more than a tool—it’s a hub designed to help Shibarium evolve from a blockchain into a fully connected community platform.
A Milestone for Shibarium
This launch comes on the heels of another big achievement for Shibarium. The Layer 2 protocol recently crossed one billion transactions, a milestone that further validates the project’s strength and potential.
Shiba Inu Price and Market Reaction
The excitement surrounding the DappStore launch has clearly impacted SHIB’s price. According to CoinMarketCap, SHIB is trading at $0.00001418, up 8.84% in 24 hours. Its market cap now sits at $8.32 billion, reflecting renewed investor interest.
In addition, the SHIB community is celebrating a sharp increase in the token’s burn rate. Data from Shibburn shows an 825% spike, with over 26 million SHIB tokens burned recently. Since its inception, the project has removed over 410 trillion tokens from circulation—an effort that could positively impact long-term price action.
Outlook: Can SHIB Sustain the Momentum?
With rising adoption of Shibarium, a new platform to promote dApps, and continued token burns, the SHIB ecosystem is showing signs of strength. If momentum continues, Shiba Inu may be poised for further growth—not just as a meme coin, but as a utility-driven blockchain project.
