Shibarium Hits New Important High as Its Overall Adoption Expands


16 Sep 2023 12:02 PM

Most cherished SHIB team project continues to grow, showing rise in three major utility metrics...

  • Shibarium, a Layer-2 blockchain, is experiencing growth thanks to the SHIB community.
  • Key on-chain metrics are rising, with an increase in the number of blocks and transactions.
  • The number of connected wallets has also increased, reaching 1,246,299.
  • However, the number of daily transfers has declined to 89,710 from a peak of 200,000.

The article provides a mix of positive and negative information. The growth of Shibarium and the increase in key on-chain metrics are positive indicators. However, the decline in daily transfers and the price reversal of Shiba Inu are negative aspects.

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You May Ask

What is Shibarium and how is it expanding?What are the key on-chain metrics of Shibarium?How many connected wallets does Shibarium currently have?What has been the price performance of Shiba Inu in the past week?How has the number of daily transfers changed for Shibarium?

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