Shiba Inu (SHIB) is expected to experience another surge in value as new updates and use cases are anticipated on the mainnet. Despite the delayed launch of Shibarium, developers remain confident that the layer 2 network will eventually be introduced, opening up new possibilities for users.

The SHIB community has been pushing for token burns, which have yielded positive results so far, and the developers are also working on partnerships and a metaverse project set to launch in December 2023. With these developments, SHIB is gaining traction once again among users looking for meme coins.