Shiba Inu News: Shibarium Nears $400M in Transactions

Shiba Inu Struggles To Get Consistent Gains Resulting In Investors Switching To Mpeppe (MPEPE)

30 July 2024

Key Shiba Inu Metrics Skyrocket Today: SHIB Price Rally Incoming?

30 July 2024

In this article, we will talk about Shibarium network and its recent achievements. Shibarium is part of the Shiba Inu team’s efforts, and it’s making headlines for nearing a huge number of transactions. Let’s dive into what’s happening and why it’s exciting for many people.

Shibarium’s Total Transactions Near 400 Million

Shibarium, a network designed to handle transactions for Shiba Inu, is on the verge of reaching 400 million transactions. This is a big deal because it shows a lot of people are using Shibarium. The network has also almost got $1 million locked in it, meaning people have that much money in the system.

The Buzz Around Shibarium

DeFiLlama, says Shibarium is getting close to this $1 million mark. This is happening at the same time as the Shiba Inu community is working on making Shibarium even better. They’re planning to introduce new things like SHEboshi, Shiboshi utility, and KNINE to make the network more useful and fun.

CoinW said it would start trading SHEboshi, making it the first place to do so. Right now, Shibarium has about $970,463 in it and has handled nearly 374.03 million transactions. In one day alone, it handled transactions worth $2.78 million.

Excitement Over New Additions

People are really looking forward to KNINE and SHEB because they represent new ways to invest in Shiba Inu. The listing of SHEboshi on CoinW has made people even more excited, hoping more places will start trading it.

SHEboshi’s Quick Success

Shibarium celebrated a special moment when SHEboshi got listed on an exchange very quickly after being sold out. CoinW, a digital currency platform in Dubai, was the first to offer SHEboshi for trading. They started trading it on a Friday at 13:00 (UTC). Even though people could start trading SHEboshi right away, they had to wait until the next day to move it in and out of CoinW.

Conclusion

Shibarium’s journey towards reaching 400 million transactions is not just a number. It’s a sign of growing interest and trust in the Shiba Inu network. With new developments like SHEboshi and upcoming features, Shibarium is set to become even more central in the digital currency world. It’s an exciting time for the Shiba Inu community, and many are watching closely to see what comes next.

Where to Buy Crypto?

Bitget stands out as a viable platform to purchase crypto. Known for its security and user-friendly interface, Bitget makes starting your cryptocurrency investment journey straightforward. To buy crypto on Bitget, simply create an account, complete the necessary KYC procedures, deposit funds, and execute your purchase.