Shiba Inu SHIB/USD continues to struggle. Here is what could happen next

• Shiba Inu is consolidating amid bearish pressure

• A delay in important network updates is holding back SHIB

• The token is at a level of indecision and could trade either way

Shiba Inu SHIB/USD is locked in a consolidation, currently exchanging for $0.00001122. The price represents a dismal 1.4% increase in the past day. Significant fundamental developments are holding back the price of the canine-themed crypto.

Pressure is mounting over the official deployment of Shibarium. The developer, Unification, outlined the progress of the layer-2 platform last month without getting into the specifics. In the update, the developer said the advisory work was ongoing for the alpha and public testnets.

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