After surpassing the two million transaction milestone this week, according to Shibariumscan, Shibarium Layer-2 blockchain has reached a new high in daily transfers. It was also observed that approximately one hundred thousand more wallet addresses were connected.
Shibarium Measurements Continue to Grow Rapidly
The total number of transactions so far has reached 2,347,532. A daily peak of 202,900 transactions was reached on Shibarium earlier this week. The number of linked wallet addresses has also increased significantly, reaching a total of 1,211,432 as of today.
The token required to trade on Shibarium is Bone ShibaSwap (BONE). It is the governance token on Shibaswap DEX. It also acts as a gas token in SHIB’s Layer-2 solution. Users and whales have been stockpiling this utility token lately.
BONNET The number of millionaire addresses has increased by 50% in the last 30 days. These wallets contain 10,000 to 100,000 BONE. Last week, along with BONE, another Shibarium token, LEASH, was added by Australian cryptocurrency exchange GroveX.
LEASH gives SHIB holders the opportunity to earn rewards for staking on the aforementioned DEX, ShibaSwap. As for the TREAT token, Shiba Inu marketing expert Lucie published an X post today, warning the SHIB army once again not to fall for the scammers’ tricks. TREAT has not been released yet. This token is included in the list of updates that SHIB developers, led by the pseudonymous Shytoshi Kusama, are currently working on.
Meanwhile, the Shibburn website of the burn monitoring project of the same name has been updated in the last 24 hours. Shiba Inu It shows that the burn rate of their coins is not at its highest. A total of 40,467,566 SHIBs were burned, reducing the burning rate by only 5%. This basically means they are sent to unspendable wallets and locked there forever.
Koinfinans.com As we reported, a total of 410,658,899,531,869 SHIB tokens have been destroyed so far.
Still, according to Shibburn’s earlier tweet, this massive burn two years ago did not impact the SHIB price. Huge demand from investors at that time took SHIB to a tremendous peak. Overall, between then and now, the Shiba Inu has increased by a mind-boggling 46,000,000%.