Shibarium's BONE Token Attracts Massive 145% Spike in New Addresses

Shiba Inu: Shibarium token BONE sees 145% increase in new joiners $BONE BoneArmy

Santiment revealed last Wednesday that SHIB was one of the coins with the highest transaction fees, indicating a spike in activity.

A closer examination of the underlying trends indicates that this development for Shiba Inu may have a positive spin, with network growth possibly acting as a catalyst. Notably, as the release of Shibarium Layer 2 draws closer, new addresses are joining the Shiba Inu ecosystem. Shibarium, a much-anticipated Layer 2 blockchain, is expected to launch following a conference in Toronto in August, according to Shiba Inu lead Shytoshi Kusama."The completed Worldpaper will be exhibited, all Shib-branded projects will be published, and Treat will be published in detail for the first time," Kusama stated.

This remains significant as, generally, crypto addresses have been used to fairly track the network's growth and monitor the activities of participants.

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