Shiba Inu

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
 </figcaption> 
</figure> 
The Shiba Inu (SHIB) ecosystem has continued to print additional milestones with just a few days left for the launch of Shibarium on the mainnet. According to an update shared earlier by the official Twitter handle of the protocol, as <a href="https://app.intotheblock.com/coin/SHIB/deep-dive?group=network&amp;chart=all" rel="noopener noreferrer nofollow">backed by data</a> from crypto analytics platform IntoTheBlock (ITB), the total number of wallet addresses resident on the Shiba Inu network has hit a new all-time high (ATH). 
Per the data, there are now a total of 3.51 million addresses on Shiba Inu, a figure that has been on a constant uptrend since the protocol was introduced about three years ago. Per the data, there are a total of 2.27 million addresses with zero balances on the network, while addresses with domiciled funds in them are pegged at 1.24 million. 
<img alt="Shiba Inu Address Count" data-entity-type="file" data-entity-uuid="e6e7c4b1-5c60-482e-b338-0754f5861339" src="https://u.today/sites/default/files/inline-images/SHIB%20Addresses.jpg">SHIB Addresses. Source: <a href="https://app.intotheblock.com/coin/SHIB/deep-dive?group=network&amp;chart=all" rel="noopener noreferrer nofollow">IntoTheBlock</a> 
The growth in the number of wallet addresses did not come as a surprise in any way, seeing as the meme coin has been growing in popularity in recent times. The launch of Shibarium on testnet has undoubtedly solidified interest in the Shiba Inu ecosystem, as it introduces a whole <a href="https://u.today/shibarium-hits-new-utility-landmark-on-epic-eth-bridge-reveal" rel="noopener noreferrer nofollow">new utility</a> that users in the broader decentralized ecosystem can relate to. 
<h2 id="shibarium-boost">Shibarium boost</h2> 
As noted, Shibarium has served as a major catalyst to the growth of the total addresses on Shiba Inu&nbsp; as preceded by <a href="https://u.today/shiba-inu-shib-surpasses-4490-other-coins-while-shibarium-hits-new-milestone" rel="noopener noreferrer nofollow">momentous records</a> in the Puppynet testnet. After the broad success of Puppynet, the community is now gearing up for the mainnet launch, slated to go live at the forthcoming Blockchain Futurist Conference in a few days. 
Many people are backing Shiba Inu in a bid to be among the first beneficiaries of whatever perks might be reserved for early supporters of the Shibarium protocol. The <a href="https://u.today/shibarium-hits-new-milestone-as-builder-unification-shares-update" rel="noopener noreferrer nofollow">positive sentiment</a> around Shibarium has notably accounted for the record milestone being celebrated today.

Shiba Inu (SHIB) Hits Major Record Again, Shibarium Sentiment at Play?

Table of Contents

U_Today

Другие статьи, опубликованные 3 авг. 2023 г.

Curve Finance’s CRV Token Holders Worried Over Potential Massive Dump

Aave Chan founder proposes buying $2M CRV from Curve founder

US Department Of Justice Mulling Fraud Charges Against Binance

Sui Network 24H Transaction Volume Plummets 98% To Record Low

Ripple Strikes Back: SEC Lawsuit Labelled ‘Propaganda’, Stashes 800 Million XRP in Escrow

Four Altcoins Experience Volume Spike on South Korean Exchanges

Join our free newsletter for daily crypto updates!