Shiba

Shiba Inu

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 <p>Leading Node operator and blockchain API developer NowNodes took to X confirming that Shiba Inu’s Shubarium layer-2 solution is the “best performing” network in the blockchain technology’s ecosystem. The Shibarium layer-2 network has processed more than 66 million requests since its launch in August this year. The network remains brimming with activity as users regularly initiate transactions on Shibarium.</p>
 <p><strong>Also Read: Shiba Inu (SHIB) Price Prediction For This Week</strong></p>
 <p><strong>“<a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> Net was one of the best-performing networks in our ecosystem this month. Our team prepared a Milestone report dedicated to the success, most recent updates, and highlights of the network,”</strong> tweeted NowNodes. The Node operator was the first to show support for <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> before and after its launch.</p>
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    <p lang="en" dir="ltr">@<a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>Net was one of the best performing networks in our ecosystem this month 🥇<br><br>Our team prepared a Milestone report dedicated to the success, most recent updates and highlights of the network<br><br>Get into our new 🧵 https://t.co/t4e5ljoXNi pic.twitter.com/WHyZZCQAE0</p>— NOWNodes ⛓️ (@NOWNodes) November 3, 2023
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 <p><strong>Also Read:&nbsp;Shiba Inu: $500 in SHIB Becomes $3.8 Million in November 2023</strong></p>
 <h2 class="wp-block-heading" id="h-will-shibarium-s-robust-performance-make-shiba-inu-reach-0-01">Will Shibarium’s Robust Performance Make Shiba Inu Reach $0.01?</h2>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="768" src="https://cdn.thebittimes.com/images/2023/11/07/8edca20eae7cb4a1cb09f68dfc9882b0.webp" alt="Shiba Inu SHIB Shibarium" class="wp-image-107555" srcset="https://cdn.thebittimes.com/images/2023/11/07/8edca20eae7cb4a1cb09f68dfc9882b0.webp 1024w, https://cdn.thebittimes.com/images/2023/11/07/8edca20eae7cb4a1cb09f68dfc9882b0.webp 300w, https://cdn.thebittimes.com/images/2023/11/07/8edca20eae7cb4a1cb09f68dfc9882b0.webp 768w, https://cdn.thebittimes.com/images/2023/11/07/8edca20eae7cb4a1cb09f68dfc9882b0.webp 380w, https://cdn.thebittimes.com/images/2023/11/07/8edca20eae7cb4a1cb09f68dfc9882b0.webp 550w, https://cdn.thebittimes.com/images/2023/11/07/8edca20eae7cb4a1cb09f68dfc9882b0.webp 800w, https://cdn.thebittimes.com/images/2023/11/07/8edca20eae7cb4a1cb09f68dfc9882b0.webp 1160w, https://cdn.thebittimes.com/images/2023/11/07/8edca20eae7cb4a1cb09f68dfc9882b0.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: bitcoinmagazine.com
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 <p>Shiba Inu’s <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> solution is the most used layer-2 network as it provides seamless transactions to users. This puts the network on top of the table among competitors by outperforming the other L2 solutions. However, this might not help Shiba Inu to reach the $0.01 mark as ‘burns’ are yet to be initiated.</p>
 <p><strong>Also Read:&nbsp;Shiba Inu Might Easily Outperform Dogecoin in 2024, Explains ChatGPT</strong></p>
 <p>While <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> is collecting transaction fees and splitting them into operations and burns, the burning of SHIB tokens is yet to occur. The burn mechanism has not been put to work despite launching <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> three months ago. If <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> begins to burn trillions of SHIB tokens beginning next year, there might be chances of it hitting $0.01.</p>
 <p>Shiba Inu’s journey towards $0.01 now remains on the shoulders of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>. If the L2 network fails to burn trillions of tokens, then SHIB might find it difficult to hit 1-Cent. Read here for a realistic price prediction on when Shiba Inu could reach the $0.01 milestone.</p>
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 <p>At press time, Shiba Inu was trading at $0.00000820 and is down more than 1% in the 24-hours day trade. SHIB is also down close to 91% from its all-time high of $0.00008616, which it reached in October 2021.</p>
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  <li>shib</li>
  <li>shiba inu</li>
  <li>Shibarium</li>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shibarium-now-top-performing-network-will-it-push-shiba-inu-to-0-01-tbt69308.html">https://thebittimes.com/shibarium-now-top-performing-network-will-it-push-shiba-inu-to-0-01-tbt69308.html</a></p>

Shibarium Now Top Performing Network: Will It Push Shiba Inu To $0.01?

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