Shiba

2024

K9 Finance

Shiba Inu

Shibarium, the Layer-2 blockchain developed by the creative minds behind Shiba Inu (SHIB), has shattered expectations by reaching an extraordinary milestone in transaction throughput. Surpassing an impressive<a href="https://www.shibariumscan.io/" target="_blank" rel="noopener nofollow"> 411 million transactions,</a> &nbsp; Shibariumscan has revealed the platform’s resilience in the face of market volatility. 
The recent surge in user adoption and the influx of dApp builders have contributed to Shibarium’s exponential growth. Over the past few days alone, more than 3 million transfers have been added, solidifying Shibarium’s position as a force to be reckoned with in the blockchain space. 
This achievement is particularly impressive given the current daily transaction throughput of 1.03 million, which, although lower than its peak of 4.2 million transfers per day on February 20, reflects the platform’s stability and potential for further expansion. 
<img loading="lazy" decoding="async" class="aligncenter size-full wp-image-287675" src="https://bitcoinist.com/wp-content/uploads/2024/03/a_e0e426.png?resize=1024%2C222" alt="" width="1024" height="222" srcset="https://bitcoinist.com/wp-content/uploads/2024/03/a_e0e426.png?resize=1024%2C222?w=1598 1598w, https://bitcoinist.com/wp-content/uploads/2024/03/a_e0e426.png?resize=1024%2C222?w=640 640w, https://bitcoinist.com/wp-content/uploads/2024/03/a_e0e426.png?resize=1024%2C222?w=768 768w, https://bitcoinist.com/wp-content/uploads/2024/03/a_e0e426.png?resize=1024%2C222?w=980 980w, https://bitcoinist.com/wp-content/uploads/2024/03/a_e0e426.png?resize=1024%2C222?w=1536 1536w, https://bitcoinist.com/wp-content/uploads/2024/03/a_e0e426.png?resize=1024%2C222?w=750 750w, https://bitcoinist.com/wp-content/uploads/2024/03/a_e0e426.png?resize=1024%2C222?w=1140 1140w" sizes="(max-width: 1000px) 100vw, 1000px" data-recalc-dims="1"> 
<h2 id="strong-shibarium-forges-strategic-partnership-expanding-its-ecosystem-strong">Shibarium Forges Strategic Partnership, Expanding Its Ecosystem</h2> 
In a move to fortify its ecosystem and foster innovation, Shibarium has recently formed a strategic partnership with K9 Finance, a prominent player in the financial technology industry. 
This collaboration marks a significant milestone for both parties, as K9 Finance launches its native coin, KNINE, on the Shibarium platform. As a testament to their commitment, Shytoshi Kusama, the visionary leader behind SHIB, and Kaal Dhairya, the brilliant SHIB lead developer, have been appointed as official advisors to K9 Finance. 
<blockquote class="twitter-tweet"> 
 I remembered when <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$SHIB</a> was on the news first time. This is really amazing. The work of <a href="https://twitter.com/K9finance?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@K9finance</a> is amazing. The community and the team. Proud to be part of the advisors. LFG <a href="https://twitter.com/hashtag/K9Unit?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#K9Unit</a> <a href="https://t.co/i1FJXs5qY0" rel="nofollow" target="_blank">https://t.co/i1FJXs5qY0</a> <a href="https://t.co/QLCob54Owy" rel="nofollow" target="_blank">pic.twitter.com/QLCob54Owy</a> 
 — Xanders Shib<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fb-1f1ea.png" alt="🇻🇪" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@ShibaXanders) <a href="https://twitter.com/ShibaXanders/status/1768466657045869018?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">March 15, 2024</a>
</blockquote> 
The <a href="https://bitcoinist.com/shiba-inu-partner-token-featured-on-us-tv-station/" target="_blank" rel="noopener ">partnership between Shibarium and K9 Finance</a> showcases the platform’s dedication to fostering collaborations that drive growth and fuel its mission to revolutionize the blockchain landscape. This strategic alliance will undoubtedly open doors to new possibilities, leading to enhanced user experiences and the creation of innovative decentralized applications. 
<h2 id="strong-shib-navigates-challenging-waters-amidst-market-turbulence-strong">SHIB Navigates Challenging Waters Amidst Market Turbulence</h2> 
While Shibarium celebrates its record-breaking achievements, the price of<a href="https://bitcoinist.com/shiba-inu-active-addresses-soar-over-170/" target="_blank" rel="noopener "> Shiba Inu</a> (SHIB), the second-largest meme cryptocurrency by market capitalization, has experienced a turbulent ride in recent days. 
Exhibiting a correlation with the price movements of Bitcoin (BTC), SHIB has encountered a 28% decrease in value following Bitcoin’s correction from its all-time high of $73,750. 
<img loading="lazy" decoding="async" class="aligncenter size-full" src="https://www.tradingview.com/x/KHvF4SWB/" width="1835" height="883"> 
Investors may find these price fluctuations discouraging, but it is crucial to consider the broader context of SHIB’s ongoing development efforts. Notably, SHIB received recognition and was featured on Forbes’ prestigious top 10 list of cryptocurrencies to invest in. 
Additionally, the cryptocurrency garnered attention on the popular financial program “Eye on Your Money,” where it was mentioned alongside Bitcoin. While these accolades did not result in immediate price surges, they reinforce SHIB’s potential and the significance of its long-term growth prospects. 
Featured image from Pixabay, chart from TradingView

Shibarium Breaks The Internet (Again) With Over 400 Million Layer-2 Transactions

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