Shiba Inu

Activity on Shiba Inu’s special blockchain, called Shibarium, is really picking up speed! Every day, there are now 3 million transactions happening on it.<h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" />The official Shiba Inu account, known as the “X handle,” recently pointed out this big growth. They posted about it yesterday, showing a picture from the network’s explorer to prove it. It’s exciting to see Shibarium becoming so popular!<h3 id="shibarium-achieves-3-million-daily-transactions">Shibarium Achieves 3 Million Daily Transactions</h3><blockquote>Approaching 3 million transactions… and the day isn’t over yet! Wishing the ShibArmy an amazing week ahead. Check out the latest Shibarium activity at <a href="https://t.co/8ttFbBwkrF" rel="noopener noreferrer nofollow">https://t.co/8ttFbBwkrF</a> <a href="https://t.co/Hwe9pzpg9q" rel="noopener noreferrer nofollow">pic.twitter.com/Hwe9pzpg9q</a>— Shib (&#64;Shibtoken) <a href="https://twitter.com/Shibtoken/status/1759621512452034578?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">February 19, 2024</a></blockquote>At the time of the post, <a href="https://cryptosheadlines.com/shibarium-sets-new-record-with-20-million-transactions/" rel="noopener noreferrer nofollow">Shibarium had processed an impressive 2.44 million transactions</a>, with some hours remaining before the day’s end. However, the network later reached a significant milestone by <a href="https://cryptosheadlines.com/hedera-hbar-hits-record-164m-daily-transactions-2-9b-market-cap/" rel="noopener noreferrer nofollow">hitting the coveted target of 3 million daily transactions</a>, as reported at press time. This surge in activity comes after a period where daily transactions had dropped to around 1.07 million, highlighting a remarkable rebound in Shibarium’s activities.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/cryptosheadlines002-24.webp?resize&#61;640%2C335&amp;ssl&#61;1" />Source: Shibarium statThis increase in <a href="https://cryptosheadlines.com/popular-memecoin-surpasses-bitcoin-in-record-transaction-volume/" rel="noopener noreferrer nofollow">transactional volume</a> is reminiscent of previous instances where the network experienced surges, particularly toward the end of 2023, when daily transactions peaked at around 7.5 million. Since its <a href="https://cryptosheadlines.com/woo-x-exchange-to-list-sui-token-after-mainnet-launch/" rel="noopener noreferrer nofollow">mainnet launch</a>, Shibarium has come a long way from an average of 200,000 daily transactions to now consistently processing between 5 and 8 million transactions, particularly notable since December.Since its inception, Shibarium has demonstrated substantial growth, boasting over 1.35 <a href="https://cryptosheadlines.com/shibarium-hits-1-million-wallets-in-a-month-shib-price-rally-ahead/" rel="noopener noreferrer nofollow">million wallets</a> and more than 3.26 million blocks. Additionally, the total number of <a href="https://cryptosheadlines.com/bybits-product-expansion-draws-50-increase-in-users-reaching-15-million/" rel="noopener noreferrer nofollow">user accounts has reached</a> 64,305, highlighting the network’s growing adoption and user base.<h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /><h3 id="shibarium-activity-surge-sparks-hope-for-shib-price-growth">Shibarium Activity Surge Sparks Hope for SHIB Price Growth</h3>Community members are optimistic about the recent <a href="https://cryptosheadlines.com/shiba-inu-shib-burn-rate-surges-with-shibarium-network-milestones/" rel="noopener noreferrer nofollow">surge in activity on the Shibarium network</a>, anticipating a positive impact on the prices of tokens within the Shiba Inu ecosystem, particularly SHIB.<a href="https://cryptosheadlines.com/binance-futures-introducing-ordi-perpetual-contract/" rel="noopener noreferrer nofollow">Also Read: Binance Futures Introducing ORDI Perpetual Contract</a>In December, when <a href="https://cryptosheadlines.com/shiba-inus-shibarium-sparks-excitement-with-5-million-daily-transactions/" rel="noopener noreferrer nofollow">Shibarium’s daily transactions averaged 7 million</a>, the price of SHIB experienced a notable increase from $0.00000850 to a monthly high of around $0.00001115, representing a 31.17% rise.However, it remains uncertain whether SHIB can replicate its December performance in the coming days, despite the spike in Shibarium’s transactional activity.Currently, SHIB is trading below the coveted $0.00001 price point. Over the past two weeks, the token has seen a 10.2% increase, moving from $0.0000088 to $0.0000098. Additionally, <a href="https://cryptosheadlines.com/shibs-past-performance-indicates-potential-double-digit-growth/" rel="noopener noreferrer nofollow">SHIB has risen by 0.5% in the past</a> 24 hours.The question of whether SHIB will replicate its December performance and surge by over 30% in the <a href="https://cryptosheadlines.com/potential-for-dogecoin-doge-price-to-double-in-the-near-future/" rel="noopener noreferrer nofollow">near future</a> remains unanswered.Nevertheless, the significant surge in activity on the Shibarium network is expected to draw investors’ attention to the crypto project, <a href="https://cryptosheadlines.com/0-001-shib-price-remains-achievable-as-shiba-inus-potential-shines-amidst-shibariums-success/" rel="noopener noreferrer nofollow">potentially benefiting all tokens within the Shiba Inu</a> ecosystem, including SHIB.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Shiba Inu’s Shibarium Achieves 3000000 (3 million) Daily Transactions

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