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Shibarium Reaches New Stage: What It Means for Shiba Inu

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by Giorgi Kostiuk

4 hours ago


Shibarium, Shiba Inu's layer-2 network solution, continues to increase activity. The protocol recently hit new heights, potentially impacting the ecosystem's future.

Shibarium's Achievement

In August 2023, Shibarium, Shiba Inu's layer-2 blockchain system, reached a significant milestone of 10 million total blocks. This activity is driven by multi-million daily transactions.

New Stage for Shiba Inu

The number of Shiba Inu token holders reached 1.5 million. This increase indicates growing popularity and trust in the project, potentially influencing future network activity.

I think Shiba Inu has a lot of utility now that they have Shibarium, basically, it's a network you can run various applications on.Davinci Jeremie

SHIB Growth Prospects

Recently, Shiba Inu increased in value by 5% over the past week, trading at $0.0000128. The market capitalization exceeds $7.5 billion, indicating potential for further growth.

Shibarium and Shiba Inu continue to evolve, achieving new heights in blockchain and attracting new participants, which could strengthen SHIB's market position.

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