Benzinga – Shiba Inu (CRYPTO: SHIB) is up 7.6% amid significant whale transactions and a the movement of around 1.75 trillion SHIB.
What Happened:Shiba Inu’s ecosystem is undergoing significant upgrades, with the recent Bor hard fork on Shibarium targeting critical bug fixes to enhance transaction processing and network performance.
The upcoming Heimdall hard fork, scheduled for May 3, is expected to further boost transaction confirmation reliability. These developments aim to optimize the blockchain infrastructure for future growth and adoption.
At the Token 2049 conference, Tron founder Justin Sun expressed support for meme coin projects, acknowledging their success with market valuations exceeding $10 billion.
Sun attributed this success to principles like fair launch and community participation, although he noted that traditional finance leaders might not agree with such valuations.
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