According to data from on-chain analytics firm IntoTheBlock, shiba inu new addresses on its network have more than doubled in the past few days. According to the data, the increase in new addresses was 115%.
New addresses on an asset are often an important sign of “new investments” coming into the crypto asset.
As Koinfinans.com reported, the Shiba Inu network is preparing for some important developments, especially Shibarium, in the near future. The increase in the number of new addresses is an important sign of the optimism in the asset.
Lucie, one of the popular officials of the ecosystem, in a recent tweet shibarium highlights an exciting setup for the community. BONE serves as the gas fee token, while SHIB remains the primary foundation for Shibarium’s development. However, LEASH is intended to be exclusive and add a unique “extra” component to the ecosystem.
According to Puppyscan, the total number of transactions on the Shibarium testnet has exceeded 31 million, a step that shows its use has grown tremendously.
Shiba Inu leader Shytoshi Kusama highlighted the next direction of the network as it moves towards complete and permanent decentralization in an earlier blog post. The core tokens of its ecosystem, SHIB, BONE, LEASH, and TREAT, will each have their own governance.
This means that these token holders will have a say in determining the choices and future of the ecosystem. This may have partially contributed to the increase in new addresses joining the ecosystem.
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