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Shiba Inu(SHIB) sentiments surge after Shibarium bridge update; Here’s why?

Shiba Inu(SHIB) sentiments surge after Shibarium bridge update; Here’s why?

2025-10-04

Shiba Inu

  • Shiba Inu is in a consolidation, trading at $0.00001258, with MA and RSI pointing to a slightly bullish momentum.
  • The Layer-2 network, known as Shibarium, carried out an update to prevent attackers.
  • The community remains undoubtedly bullish for SHIB as the developers reassure their credibility in its functions.

Shiba Inu’s Layer-2 network, known as Shibarium, is now facing the problem of attackers who tried to exploit its system. In response, the authorities worked their best effort to regain and prevent it from the attackers. The update pumped the community sentiments to great heights, giving a double security to its community. At press time, the coin is trading at $0.00001258 with an increase of 0.31% in the last 24 hours.

The Shibarium bridge update

The developers’ dedication resulted in successfully restoring the system from hackers. It regained stability and more security in its functioning. Attackers and hackers are increasing in da by the day. As the coin trades with its large market cap attracts them.

They rotated the validator keys and secured the contracts, working together with security partners. It also introduced blacklist functions, which can prevent any sort of upcoming risks. These security measures were immediately taken by the people, reassured that their money was in safe hands.

The tweet below will provide a better understanding of the update. It is a repost on X by the user named LUCIE, a core member of the coin Army, posted directly from the account called Shibarium.

The community Still Remains Bullish

The developer’s reply which gives reassurance to the users the community remains overwhelmingly bullish for the coin. All social media channels shared the renewed optimism . A lot of investors were praising the long-term vision of the project.

According to the tweet from the official account, they reassure their responsibility towards protecting the system.

According to the data curated from CoinMarketCap, out of 1 million votes 87% of people are still optimistic about the coin. Only 13% of people are expecting a drop. It reflects people’s blind trust in the coin and in its ecosystem.

Also Read: Shiba Inu Starts October Bullish, $4 Buy Signals Community Strength

Technical Outlook

According to the data curated from TradingView, the coin is in a consolidation phase after its recovery from the drops. At press time, it’s trading around $0.00001258, just below the 50 and 200 moving averages. RSI is near 51, pointing to a neutral yet slightly bullish momentum.

The support is at $0.00001179, and the resistance is nearly at $0.00001374; these are the key levels to watch. If a breakout happens above this range with strong volume might create a beginning for a broader uptrend. Failure can also happen, which can lead to a retest at lower support levels.

shib
Source: TradingView

In other words, we can make sure that it will survive in any such situations, including hacking and attacks. As the developers are so responsible and dedicated, this backs the community to invest more in the coin. The technical indicators also show a positive uptrend. All these factors add to its strength, making it capable of surviving in this volatile digital market.

Also Read: Can(SHIB) Continue to Rise? Analysts Predict a Strong Move Ahead

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