Shiba

Shiba Inu

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 <p class="is-style-lead">Shibarium’s <a rel="noopener noreferrer nofollow" title="transaction" href="https://thebittimes.com/tag/transaction.html">transaction</a> volume skyrockets by 493% in a single day, marking key milestones for the Shiba Inu ecosystem.</p>
 <p>Shibarium, the blockchain associated with the popular meme token Shiba Inu (SHIB)—has recorded a massive uptick in <a rel="noopener noreferrer nofollow" title="transactions" href="https://thebittimes.com/tag/transactions.html">transactions</a>. Within a single day, the platform has seen its <a rel="noopener noreferrer nofollow" title="transaction" href="https://thebittimes.com/tag/transaction.html">transaction</a> count escalate by 493%, jumping from 12,690 to an overwhelming 62,570.&nbsp;</p>
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 <p>Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, indicated on Tuesday in a Telegram group that the blockchain will explode with activity in the coming days as the crypto market rallies. Transactions on Shibarium have been increasing throughout October, but today marked a record <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a> for the network.&nbsp;</p>
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    <p lang="en" dir="ltr">According to Shytoshi #Shibarium is about to explode with activity.. pic.twitter.com/hA4mmnGBmv</p>— ShibariumGem (@Shibariumgem) October 24, 2023
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 <p>This remarkable increase, the largest since its full operational status in August, has elevated the total <a rel="noopener noreferrer nofollow" title="transactions" href="https://thebittimes.com/tag/transactions.html">transactions</a> on the Shibarium blockchain to an incredible 3.653 million. This development marks a significant achievement for the broader Shiba Inu community.</p>
 <p>Corresponding with this influx, Shiba Inu’s native token, SHIB, also experienced a notable price rally, rising over 15 percent within the week.&nbsp;</p> <span class="google-news-banner__label">Follow Us on Google News</span>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shibarium-sees-surge-in-daily-transactions-as-shib-gains-15-in-a-week-tbt67997.html">https://thebittimes.com/shibarium-sees-surge-in-daily-transactions-as-shib-gains-15-in-a-week-tbt67997.html</a></p>

Shibarium sees surge in daily transactions as SHIB gains 15% in a week

TheBitTimes

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