Shiba Inu (SHIB) maintained its position near $0.057 following a $2.4 million flash loan attack on its layer-2 network, Shibarium. The cryptocurrency experienced a slight 0.2% decline, trading within a narrow range of $0.056835 to $0.057073. Despite the security breach, SHIB's price action remained stable, reflecting broader market conditions and technical levels.
The attack on Shibarium, which resulted in the loss of approximately $2.4 million in ether, has drawn significant attention. However, SHIB's trading volumes and price movements have shown resilience, with minimal impact on its performance against Bitcoin and Ethereum. The market continues to focus on technical thresholds, with SHIB trading at 0.0108051 BTC and 0.082375 ETH, marking slight gains against these major cryptocurrencies.
Shiba Inu Holds Steady Amid $2.4M Shibarium Flash Loan Attack
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