Popular meme coin Shiba Inu has reached a new milestone as its adoption rate metric rises.
Shiba Inu seems to have achieved great success, despite its recently falling prices. According to data from IntoTheBlock, the total number of Shiba Inu addresses has been constantly increasing and as of now, the number has reached 3.59 million. In terms of total addresses, Shiba Inu managed to create a flatly increasing chart. This shows that Shiba Inu has a large community and this community continues to actively use the crypto asset.
Additionally, the Shiba Inu’s new adoption rate is quite impressive. As of September 18, meme coin adoption rate increased by 39.14%. This shows that the Shiba Inu is still growing and gaining traction among investors.
All this data is an indication that Shiba Inu remains an important asset in the crypto world and is supported by the community. Additionally, the Shibarium innovation undoubtedly attracts more participants into the Shiba Inu ecosystem.
Shibarium has achieved significant milestones since its launch. Reflecting its utility and demand, Shibarium is already approaching three million in total transactions: currently the number of transactions has reached 2,910.76.
Shiba Inu price turns green
Shiba Inu (SHIB) prices rose as bulls struggled to take back control of the cryptocurrency market. The price increase comes as Bitcoin made an unexpected start to the week, breaking the $27,000 mark. Meme coin is still trading in the green at the time of writing.
BONE, which serves as Shibarium’s gas token, also increased slightly in the last 24 hours, rising to $0.812 as developers continued the process of abandoning the BONE contract. LEASH, another SHIB ecosystem token, rose marginally to $309 in the last few hours.
You can follow the current price movement here.