🌟 Uptober Begins with SHIB DeFi Milestone on Shibarium - Lucie's Tweet Sparks Bullish Crypto Market Trend 🚀
The renowned marketing expert Lucie has set the tone for "Uptober" with her tweet celebrating the milestone achieved by Shibarium's decentralized finance ecosystem. The total value locked (TVL) on Shibarium has surpassed $7 million, with K9BONE leading the way with $3,120,000 in locked value.
ShibaSwap and WoofSwap DEXes are also contributing significantly, holding $2,460,000 and $848,546 in locked funds, respectively. This achievement comes shortly after K9 Finance integrated liquid staking on Shibarium, showcasing the platform's growth potential.
Historically, October has been a bullish month for the cryptocurrency market, earning the nickname "Uptober." With five previous bull markets starting in October, traders are optimistic about the current market trend. Shiba Inu has shown a 5% increase in the past 24 hours, marking the beginning of a potentially lucrative month.
Bitcoin, the flagship cryptocurrency, briefly surpassed $64,000 before retracing to $63,880. Despite a 4% drop from Sunday to Monday, BTC remains a key player in the market. Grayscale's report highlighted SHIB as the leading weekly gainer with a 32.1% increase, outperforming other major cryptocurrencies like ADA, DOGE, Bitcoin, and Ethereum.
In conclusion, the cryptocurrency market is gearing up for a bullish October, with SHIB leading the way in terms of weekly gains. Investors should keep an eye on Shibarium and the overall market trend to make informed decisions about their finances. Stay tuned for more updates and opportunities in the exciting world of cryptocurrency investment. 💰📈
