The Shiba Inu (SHIB) community has been eagerly awaiting the launch of Shibarium, a layer 2 network that hopes to become a leading name in the decentralized finance, or DeFi, ecosystem. The launch of Shibarium has caused the price of Shiba Inu to tumble by 9.2% in the last 24 hours. Despite this, the price of SHIB has been on an ascending trendline for the last seven weeks and could break above the $0.00001000 resistance and rally as high as $0.00001500 in the next upswing.Meanwhile, Watchvestor has been gaining traction with its unique marketplace. Watchvestor is building the world’s first blockchain marketplace for luxury watches, allowing investors to buy rare collectible watches from brands like Rolex, Patek Phillippe, Richard Mille, and Audemars Piguet starting at $10. The ownership details of these luxury watches will be minted as NFTs while the physical assets will be stored in secure vaults. The utility token of the marketplace, WVTR, trades at $0.03 per token and could rally to $0.5 before the end of the year.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	8
People	None
Companies	Richard Mille, Watchvestor, Shiba Inu (SHIB), Rolex, AP, Patek Phillippe
Currencies	Shiba Inu, NFT Stars, Ethereum, watchvestor (wvtr), Bitcoin
Securities	None