Shibarium Soars Past 411M Transactions, Forges Key K9 Finance Partnership
SHIB's surges past 411M txs while linking with K9 Finance amid token volatility.
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SHIB's surges past 411M txs while linking with K9 Finance amid token volatility.
Bearish pressure continued to put downward pressure on SHIB’s value.
Shibarium, Shiba Inu's layer-2 solution, achieves a milestone with 300 million transactions, reducing fees. Rapid growth, wallet increases, and burning initiatives showcase its impact. Lucie's optimism and ongoing projects hint at a promising future for the Shiba Inu community.
Shibarium, the Layer-2 solution for Shiba Inu, witnessed a remarkable 200% surge in daily transactions, marking a turnaround from a recent lull. Gate.io's integration played a pivotal role. With 2 million daily transactions and BONE token surging, Shibarium's future looks promising, though sustainability remains uncertain.
Bitcoin's recent spike in transaction fees to $40 has intensified discussions about network efficiency and the need for Layer 2 solutions.
Shibarium seems to be on a roller coaster ride of highs and lows since its launch. A wallet address embarked on a dubious minting spree, generating an alarming surplus of Shibarium tokens that far exceeded the established total supply.
Shibarium launched recently but soon met with bridging issues causing SHIB token to take a dip. Amidst much FUD, its lead developer stepped forward to address the situation and was met with much support (and memes).
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