Shiba

Ethereum

Rally

Shiba Inu

Rise

<p>Shiba Inu takes center stage on Binance, experiencing a remarkable surge of over 10% in the last 24 hours and its trading at $0.00009398. With a 24-hour trading volume soaring by an impressive 330.38%, Shiba Inu is currently riding high with a staggering $559,400,295 in volume.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="636" src="https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-1024x636.png" alt="" class="wp-image-391047" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-1024x636.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-300x186.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-766x476.png 766w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-1536x954.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-2048x1272.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-242x150.png 242w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-564x350.png 564w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34-788x489.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-34.png 760w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Today’s crypto rally has been ignited by Bitcoin’s resurgence, retesting its highest price level for 2023 at $41,675. As Bitcoin asserts its dominance, numerous altcoin protocols are basking in the glow of this bullish market sentiment, experiencing substantial upticks in both prices and activity.</p>
<h2 class="wp-block-heading" id="shibarium-emerges-as-a-star-performer">Shibarium Emerges as a Star Performer</h2>
<p>Amid this crypto frenzy, Shibarium emerges as a key beneficiary of the bullish wave. Data from the <a href="https://www.shibariumscan.io/" target="_blank" rel="noopener noreferrer nofollow">Shibarium Scan</a> reveals an extraordinary surge in total transaction count, soaring above 28,000,000.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="218" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-1024x218.png" alt="" class="wp-image-391055" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-1024x218.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-300x64.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-765x163.png 765w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-1536x327.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-2048x436.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-704x150.png 704w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-100x21.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-1643x350.png 1643w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-85-788x167.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-85.png 1056w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Notably, the Shiba Inu-based Ethereum Layer-2 scaling solution has achieved a daily transaction count of 7.84 million, arguably the highest recorded in a single day.</p>
<p>Historically, Shibarium transactions maintained a steady pace until late November. However, a parabolic shift has been witnessed, with an unprecedented surge recording over 700,000 transactions in a single day this year.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/ethereum-eth-flexes-its-muscles-what-the-recent-rally-means-for-traders/" target="_blank" rel="noopener noreferrer nofollow">Ethereum (ETH) Flexes Its Muscles: What the Recent Rally Means for Traders</a></li>
 <li><a href="https://captainaltcoin.com/why-ripple-is-better-than-ethereum-for-investment-expert-urges-timely-xrp-accumulation/" target="_blank" rel="noopener noreferrer nofollow">Why Ripple Is Better than Ethereum for Investment: Expert Urges Timely XRP Accumulation</a></li>
 <li><a href="https://captainaltcoin.com/why-galaxy-fox-might-be-the-100x-star-in-play-to-earn-crypto-presales/" target="_blank" rel="noopener noreferrer nofollow">Why Galaxy Fox Might Be The 100x Star in Play-to-Earn Crypto Presales</a></li>
</ul>
<p>This spectacular increase underscores the growing popularity and utility of Shibarium as it cements its position as a significant player in the crypto ecosystem.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-shiba-inu-price-up-today-heres-the-key-shibarium-milestone-behind-shibs-rise/" rel="noopener noreferrer nofollow">Why is Shiba Inu Price Up Today? Here’s the Key Shibarium Milestone Behind SHIB’s Rise</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is Shiba Inu Price Up Today? Here’s the Key Shibarium Milestone Behind SHIB’s Rise

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