Shiba Inu's Shibarium unleashes growth wave with 450% new user surge
As things stand, the number of new accounts per period under review reached the 27 mark, while the day before it was only 6. The surge in new users reflects growing interest in the network. Apart from this, the total number of active accounts also surged by 23% from 489 to 602.
Interestingly, this surge in new users coincided with an increase in the amount of tokens paid as fees using BONE, Shiba Inu's native token. Thus, transaction fees increased from 19.31 BONE to 40.14 BONE. This token is used as a gas fee for transactions in Shibarium, and a portion of each fee is converted to Amid the influx of new accounts and higher transaction amounts, the network experienced an increase in transaction activity.
New users may be joining to explore the platform or to hold BONE and SHIB tokens and, therefore, boost the network overall. The reason for renewed interest in Shibarium is probably because of the recent price action of Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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