As reported by FinBold, Shiba Inu (SHIB) recorded a 5.74% price increase over the past 24 hours, outperforming the broader crypto market. The weekly performance stands at +17%, driven by a privacy upgrade on Shibarium and a partnership with TokenPlay AI. The upgrade, involving Zama’s Fully Homomorphic Encryption (FHE), aims to enable private smart contracts and encrypted transactions on Shibarium by Q2 2026. Additionally, the collaboration with TokenPlay AI introduces SHIB-branded incentive mechanisms for gaming creators. Technically, SHIB has broken above short-term resistance and is trading above its 7-day SMA, though it remains below its 200-day SMA.
SHIB Price Rises 5.74% Amid Shibarium Privacy Upgrade and AI Gaming Partnership
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