"Uptober" Signals Bullish Trend for Shibarium and Shiba Inu - Lucie's Tweet Sparks Excitement
In a recent tweet, marketing expert Lucie hinted at the beginning of "Uptober" and the readiness of Shibarium and its DeFi system. This comes after the total value locked (TVL) on Shibarium surpassed $7 million, with K9 Finance's K9BONE leading the way with $3,120,000 locked in.
The crypto market historically sees bullish trends in October, with five bull markets starting in that month in the past. Shiba Inu saw a 5% increase to kickstart "Uptober," following a 42% surge recently. Bitcoin also saw a short-lived increase above $64,000 before dropping back down.
Grayscale highlighted SHIB as the leading weekly gainer, with a 32.1% increase. This outperformed other top cryptocurrencies like ADA, DOGE, Bitcoin, and Ethereum.
In conclusion, the beginning of "Uptober" signals a potential bullish trend in the crypto market, with Shibarium and Shiba Inu leading the way. Investors should keep an eye on these developments as they could impact their investment portfolios.