Shiba Inu’s Shibarium Sees Daily Transactions Surge To 4.68 Million, Will This Push SHIB’s Price Toward $0.00008?

Shiba Inu’s ecosystem has been expanding rapidly in the past year, thanks in part to Shibarium, its layer-2 platform. Interestingly, recent data shows Shibarium has seen an impressive uptick in activity, with daily transactions reaching 4.68 million in the past 24 hours.  At the time of writing, SHIB is trading at $0.00001677 and is back… Continue reading Shiba Inu’s Shibarium Sees Daily Transactions Surge To 4.68 Million, Will This Push SHIB’s Price Toward $0.00008?

End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts

The Shibarium network, an Ethereum Layer 2 network that was developed and launched by the Shiba Inu team, did well following its initial launch in August 2023. However, less than one year following its launch, the Layer 2 network has run into some hard times, losing market share to larger counterparts. This has led to… Continue reading End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts

Shiba Inu Enters Accumulation Zone Amid 493% In Shibarium Transaction Fees

The current Shiba Inu price action might be leaving some investors wanting, particularly as the crypto has now extended its 30-day losses by over 30%. However, recent on-chain data and technical analysis indicate that the patience is about to pay off. To be more specific, the current price downturn has seen Shiba Inu entering the… Continue reading Shiba Inu Enters Accumulation Zone Amid 493% In Shibarium Transaction Fees

Shiba Inu’s Shibarium Sees Triple-Digit Surge Across Major Metrics, What’s Going On?

Key Shibarium metrics suggest the Shiba Inu ecosystem might be gearing up for a push to the upside. Notably, Shibarium’s transaction data has seen triple-digit percentage jumps in transactions and fees paid in BONE over the past week. This suggests Shiba Inu might be receiving increased attention from traders, a scenario that may result in… Continue reading Shiba Inu’s Shibarium Sees Triple-Digit Surge Across Major Metrics, What’s Going On?