The Shiba Inu crypto project team announced a new collaboration with the ChainLink Crypto team to unlock new possibilities in the crypto space.
shiba inu ($SHIB) is a popular meme cryptocurrency. In 2021, this crypto meme token gained widespread popularity among cryptocurrency traders following a statement by Tesla CEO Elon Musk about his love for Shiba Inu dogs. At that time, the Shib token emerged as a popular meme token, but within two to three years, the leaders of this project introduced multiple major developments and created a native blockchain network, Shibarium.
The current trading price of $SHIB cryptocurrency is $0.000022 and this price level is 7.4% higher in the last 24 hours. The notable increase in the trading price of this cryptocurrency is visible on the price chart.
On December 20, 2024, the Shiba inu project team informed us that they collaborated with the ChainLink ($LINK) crypto project.
With this new partnership, the leaders aimed to unlock the new utility and accessibility of the Shiba Inu token, along with its associated tokens BONE and LEASH, by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
With this latest integration, the Shib token is now available on all 12 major networks, including flagship blockchain networks such as Arbitrum, Avalanche, Coinbase’s Base, Polygon, and Optimism.
According to some crypto experts, $Shib is likely to set a price target above $0.000046 in the next 7 days. If Shiba Inu maintains its bullish momentum, there is a strong chance that it could set a price target at $0.00005297 by January 2025.
It is worth noting that the trading price of $LINK, the native cryptocurrency of the ChainLink Blockchain network, is down 25% in the last 7 days.
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