Shiba Inu (SHIB) Hits a New Major Milestone: Details

Crypto Blog

Shiba Inu’s layer-2 scaling solution, Shibarium, keeps progressing with total transactions nearing 420 million and wallet addresses exceeding 1.8 million, while daily transactions rose to over 14,000.

The SHIB burn rate surged by more than 4,000% in the past 24 hours, removing around 300 million tokens from circulation.total market capitalization – Shiba Inu – made waves today thanks to the further development of its layer-2 scaling solution – Shibarium.Shibarium is an L2 blockchain solution developed by the Shiba Inu team, aimed at fostering the development of the meme coin project. It officiallypurposes include lowering transaction costs, improving speed, and enhancing scalability.

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