The post Latest Shiba Inu News: New Meme Coin Presale Goes Viral Set To Rival SHIB appeared com. Shiba Inu news just got a serious twist as Layer Brett bursts onto the scene with a viral pre-launch and its own Ethereum Layer 2 plans. While SHIB trades like a giant, LBRETT is setting up as the quicker rival, with faster transactions, big staking yields and a public testnet coming for holders hunting fresh upside in this high-volatility meme market cycle. Shiba inu cools off as price dips and trading interest fades Based on the most recent statistics, Shiba Inu (SHIB) is trading at 0. 000059127, which implies that it has gone down by 1. 07 in the past 24 hours. Nevertheless, SHIB has a large market cap of 5. 37 billion and a strong base of holders amounting to 2. 88 million holders. Moreover, the volume of trading has dropped by more than 32%, which is an indicator of less market activity and possibly a lack of conviction by investors. 00005912 and $0. 00005982. The short-run sentiment of SHIB is bearish as evidenced by the steady downwards highs that are signs of selling pressure. In this uncertain situation, many investors are looking for better options in the meme coin industry and Layer Brett keeps coming up as a strong rival for Shiba Inu for its current market standing. How Layer Brett’s is giving competition to Shiba Inu SHIB has a high overall reach into the meme coin market, but LBRETT is rapidly gaining momentum through a private funding event that has raised more than 4. 4 million USDT already. The Private funding price is fixed at $0. 0058 and it will be raised to $0. 0061 and this will be done under a tiered pricing strategy that will benefit early investors. Layer Brett is built on Ethereum Layer 2 blockchain technology,.