Shibarium is back in the fast lane after a bit of a snooze last month! Buckle up, because this Layer 2 blockchain solution just zoomed past a major milestone, with the total number of blocks cruising past the 10 million mark. It's like hitting the jackpot for the Shiba Inu ecosystem, which just keeps expanding and gaining confidence among its fans.
Once just a humble meme coin, Shiba Inu has transformed into a bustling ecosystem. Since Shibarium launched in August 2023, it's been making waves with its mission to lower transaction costs, speed things up, and make everything more scalable. With daily transactions back in the millions, Shibarium is definitely revving its engines, and some folks even think it could drive SHIB prices up.
Crypto guru Davinci Jeremie is one of those optimistic voices, predicting the coin might just shoot for the stars if Shibarium continues to advance. He believes in the utility Shiba Inu brings to the table, thanks to Shibarium, but notes that for it to really take off, more applications need to hop on board.
SHIB recently got a nice boost, with its value rising by 5% over the past week. It's currently trading around $0.0000128, with a market cap that's cruising above $7.5 billion.
But wait, there's more! Shiba Inu is making headlines not just for Shibarium's achievements but also because it's racking up on-chain holders like never before. According to LUCIE, the mastermind marketing strategist behind Shibarium, the number of holders has jumped to a whopping 1.5 million. This signals growing adoption, increased confidence in the project, and more network activity. All of which could fuel demand for SHIB and possibly spark a future price rally.
So, keep your eyes peeled and your engines running, because Shibarium and Shiba Inu are on the move!
