Shiba

Impact

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Shiba Inu

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<ul> 
 <li>There has been a decline in active accounts on Shibarium and Shiba Inu, and the recent hardfork has done nothing to change the trend.</li> 
 <li>New transactions have dropped on the Shibarium.</li> 
 <li>SHIB has declined by close to 3% in the last 48 hours.</li> 
</ul> 
<p><strong>Despite the recent hardfork, Shibarium and Shiba Inu have seen a decline in active accounts and transactions. SHIB also experienced a 3% drop in the last 48 hours.</strong></p> 
<h2 id="strong-shibarium-hardfork-and-its-impact-strong"><strong>Shibarium Hardfork and Its Impact</strong></h2> 
<p>The Shibarium hardfork occurred recently, with the aim of impacting transaction fees and speed. However, despite the successful completion of the hardfork, there has been a noticeable decline in new transactions and active accounts on the Shiba Inu Layer 2 network.</p> 
<h3 id="strong-key-metrics-on-the-shiba-inu-l2-strong"><strong>Key Metrics on the Shiba Inu L2</strong></h3> 
<p>A review of the transaction metrics on Shibarium revealed a slowdown in new transactions, except for a notable increase coinciding with the announcement of the hardfork. The number of new accounts has also flattened, with a relatively low count of active accounts reported.</p>

Shiba Inu (SHIB) Resilience: Unfazed by Shibarium Hardfork Impact

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