Shiba

Cryptocurrency

Kusama

Bitcoin ETF

Shiba Inu

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 <p class="paragraph">Since its inception on August 16, Shibarium, the layer 2 blockchain <a rel="noopener noreferrer nofollow" title="network" href="https://thebittimes.com/tag/network.html">network</a> developed by the creators of the Shiba Inu (SHIB) cryptocurrency ecosystem, has sparked significant interest. This is evident in the growing number of wallets and the recent achievement of a new record in <a rel="noopener noreferrer nofollow" title="transaction" href="https://thebittimes.com/tag/transaction.html">transaction</a> volume.</p>
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 <p class="paragraph">Indeed, Shibarium has reached a new all-time high (ATH) by surpassing the milestone of 4 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> <a rel="noopener noreferrer nofollow" title="transactions" href="https://thebittimes.com/tag/transactions.html">transactions</a> (4,007,358 as of the current publication). This data, sourced from the <em>Shibariumscanexplorer </em>on November 21, highlights the continual expansion of its user base.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="301" src="https://cdn.thebittimes.com/images/2023/11/21/d26228e4dd65b3bdd3aeb139dd52fee1.webp" alt="Shibarium total transactions.  Source: Shibariumscan explorer" class="wp-image-138539" srcset="https://cdn.thebittimes.com/images/2023/11/21/d26228e4dd65b3bdd3aeb139dd52fee1.webp 1024w, https://cdn.thebittimes.com/images/2023/11/21/d26228e4dd65b3bdd3aeb139dd52fee1.webp 300w, https://cdn.thebittimes.com/images/2023/11/21/d26228e4dd65b3bdd3aeb139dd52fee1.webp 768w, https://cdn.thebittimes.com/images/2023/11/21/d26228e4dd65b3bdd3aeb139dd52fee1.webp 1536w, https://cdn.thebittimes.com/images/2023/11/21/d26228e4dd65b3bdd3aeb139dd52fee1.webp 1599w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Shibarium total transactions. Source: Shibariumscan explorer
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 </figure>
 <p class="paragraph">Presently, the cumulative count of cryptocurrency wallets on Shibarium reaches 1,270,675, indicative of an approximate daily growth rate of 13,099 new addresses since its inception. This represents an addition of 20,611 wallets since the last report by Finbold on September 21.</p>
 <h2 class="wp-block-heading" id="h-bone-price-analysis">BONE price analysis</h2>
 <p class="paragraph">In the meantime, BONE, which is dubbed as “passport to Shibarium” by Shytoshi Kusama, the developer of the Shiba Inu crypto ecosystem and ShibaSwap decentralized exchange (DEX), is changing hands at the price of $0.64, recording a decrease of -3.17% on the day, down -5.11% in a week and down -10.21% across the previous 30 days, as per the latest data.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/11/21/768481f6c4b61cf234c909d3bd740919.webp" alt="BONE 7-day price chart.  Source: Finbold" class="wp-image-138540" srcset="https://cdn.thebittimes.com/images/2023/11/21/768481f6c4b61cf234c909d3bd740919.webp 1024w, https://cdn.thebittimes.com/images/2023/11/21/768481f6c4b61cf234c909d3bd740919.webp 300w, https://cdn.thebittimes.com/images/2023/11/21/768481f6c4b61cf234c909d3bd740919.webp 768w, https://cdn.thebittimes.com/images/2023/11/21/768481f6c4b61cf234c909d3bd740919.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   BONE 7-day price chart. Source: Finbold
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 </figure>
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 <p class="paragraph">It is noteworthy that, at the current juncture, the smart contract of BONE is still under the supervision of Kusama (KSM) and his development team, who are committed to transferring this control to the community at a designated time.</p>
 <h2 class="wp-block-heading" id="h-shib-price-analysis">SHIB price analysis</h2>
 <p class="paragraph">Simultaneously, SHIB, the cryptocurrency Shibarium stemmed from, is currently trading at $0.0000084. This reflects a -3.48% decline in the past 24 hours, a -2.71% loss over the preceding seven days, and an 18.71% gain on its monthly chart, as per data available on November 21.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/11/21/45c25bccc536ebac3215d0e47e39eee0.webp" alt="SHIB 7-day price chart.  Source: Finbold
" class="wp-image-138541" srcset="https://cdn.thebittimes.com/images/2023/11/21/45c25bccc536ebac3215d0e47e39eee0.webp 1024w, https://cdn.thebittimes.com/images/2023/11/21/45c25bccc536ebac3215d0e47e39eee0.webp 300w, https://cdn.thebittimes.com/images/2023/11/21/45c25bccc536ebac3215d0e47e39eee0.webp 768w, https://cdn.thebittimes.com/images/2023/11/21/45c25bccc536ebac3215d0e47e39eee0.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   SHIB 7-day price chart. Source: Finbold
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 </figure>
 <p class="paragraph">Recently, Shiba Inu has introduced a “Donate” feature to its blockchain solution, Shibarium. This feature enables users to provide financial support to non-profit validators who play a crucial role in enhancing the <a rel="noopener noreferrer nofollow" title="network" href="https://thebittimes.com/tag/network.html">network</a>’s security and efficiency.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shibarium-hits-4-million-transactions-on-the-network-tbt71080.html">https://thebittimes.com/shibarium-hits-4-million-transactions-on-the-network-tbt71080.html</a></p>

Shibarium hits 4 million transactions on the network

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