Shiba Inu Sets New Record with Growing Ecosystem: Latest Updates and Price Rise

Discover the latest updates and price fluctuations in the Shiba Inu ecosystem. Learn about the growing popularity and milestones reached by Shiba Inu, including ShibaSwap 2.0 and Shibarium. Stay informed about the surge in large transactions and the mild price rise of SHIB tokens.

Posted 8 months ago in Altcoins


A colorful illustration depicting the rise of Shiba Inu's ecosystem and its recent record-breaking achievements.

Shiba Inu has reached new milestones, attracting a surge of new joiners to its ecosystem. With a total of 3.58 million addresses, Shiba Inu continues to demonstrate its popularity. The recent developments, including ShibaSwap 2.0, TREAT reward token, Shiba Hub, and Metaverse, have sparked even more interest among investors.

Shiba Inu's Layer 2 Shibarium has also achieved remarkable milestones, with 2,113,660 total transactions, 1,125,979 wallet addresses, and 589,704 blocks processed. The ecosystem's growth is evident through the sharp increase in large transactions, indicating active buying and selling by whales. In the past 24 hours alone, $36.26 million worth of SHIB tokens has been transacted in large volumes, representing a 299% surge.

Despite fluctuations, SHIB is currently experiencing a mild price rise of 2.16% in the last 24 hours, reaching $0.0000727. BONE, the central token of Shibarium, has also seen a price increase of 3.06% to $0.848. Additionally, the burning of 69,586,434 SHIB tokens in 19 transactions highlights the ongoing dynamics within the ecosystem.

Last updated 9/13/2023, 3:02:58 AM

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