Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

The market capitalization of PI Network jumps $ 7 billion like token skyrockets 110% in a week in the middle of market bending

2025-05-12

ETH up to $ 10k? – Analysts say that the graph and rivals point to ‘yes’

2025-05-12

Saylor Hints on more Bitcoin buys as BTC Record is approaching high

2025-05-12
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Zimbabwe is turning into blockchain to breathe new life into the trust of the carbon credit of carbon credit

    2025-05-12

    Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

    2025-05-12

    Why Wall Street Crypto will not embrace without privacy of zero knowledge

    2025-05-12

    R2 Testnet affects 10 million transactions with 200K+ users in weeks

    2025-05-12

    Miro announces a strategic partnership with Enac Network to bring about a revolution in Enterprise Web3 apps

    2025-05-12
  • NFT

    Trump’s Crypto -Dinner cost VIP -Aurter $ 4.8 million

    2025-05-12

    New details about Trump’s Memecoin leaks from the official website – this is what they intend

    2025-05-12

    NFT -turns 10.6% to $ 115 million, Doodles Rally 500%

    2025-05-11

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    The market capitalization of PI Network jumps $ 7 billion like token skyrockets 110% in a week in the middle of market bending

    2025-05-12

    Coinbase head of the institutional strategy says that scarcity stimulates the overwhelming wave of demand from major players

    2025-05-12

    Can the resistance crush and re -design the rally?

    2025-05-12

    XRP performs better than the crypto market with 10% jump if open interest rises beyond $ 5 billion

    2025-05-12

    Cathie Wood doubles Bitcoin objective on 2030, says that BTC still has ‘miles’

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Shiba Inu Eyes $0.00002 While Shibarium Marks a Memorable Milestone
Altcoins

Shiba Inu Eyes $0.00002 While Shibarium Marks a Memorable Milestone

2023-12-21No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Shibarium, the Shiba Inu Layer 2 network, has marked milestone after milestone in recent weeks. The initial growth spurt, which some thought was temporary, turned out to have more momentum than expected, and now the network has reached a momentous milestone.

Shibarium crosses 150 million transactions

After its initial launch, the Shiba Inu team’s Ethereum-based Layer 2 network had seen a notable decline in usage. This would continue for a few months until the market started to pick up again in December. Once this happened and the SHIB price was in a recovery trend, activity on the Shibarium network would explode.

Currently, the network is celebrating one of its biggest achievements yet, and that’s the fact more than 150 million transactions are now processed on the blockchain. To put this growth rate into perspective, the total number of transactions processed on Shibarium as of November 30 was approximately 4.8 million. However, two weeks later, on December 20, the total number of transactions carried out on the network since its launch surpassed 150 million.

This jump in total transactions represents growth of more than 3,000% in less than 30 days. Moreover, daily transactions on the network have also increased drastically. It went from a daily average of about 40,000 transactions per day to an average of 7 million daily transactions in the past three weeks.

At the same time, the number of active addresses on the network has increased, from an average of 500 per day to around 3,000 per day in December. But interestingly, transaction fees have remained low at this time, demonstrating the network’s ability to handle periods of high load.

See also  The price of Shiba Inu can be near an outbreak - traders, watch out for these levels!

Shiba Inu price chart from Tradingview.com

SHIB price maintains $0.00001 | Source: SHIBUSD on Tradingview.com

The price of Shiba Inu could rise to $0.00002

Due to the growth that the Shibarium network has seen, the Shiba Inu price could be looking for another rally from here. This is because increased activity on the network has put the Shiba Inu token on the radar of more investors as they flock around the team for updates.

Crypto analyst Ali Martinez previously identified SHIB as trading in a declining parallel channel. The hope for an upward move lies in a push towards $0.000011 and SHIB has made that push. Over the past day, the meme coin has risen 1.6% and is slowly making this move. If the current recovery trend continues, SHIB price could break above $0.000011 this week, which is expected to trigger a bull rally.

The SHIB burns conducted by the Shiba Inu team are another bullish event that could cause a price increase. To date, approximately $170,000 worth of SHIB has been burned by the team, with total burns expected to reach $1.2 million.

Featured image from Analytics Insight, chart from Tradingview.com

Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.

Source link

Eyes Inu Marks Memorable Milestone Shiba Shibarium
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETH up to $ 10k? – Analysts say that the graph and rivals point to ‘yes’

2025-05-12

Litecoin price analysis and forecast in the short term

2025-05-12

Government control could cause the rise of ‘Dark Stablecoins’ – how?

2025-05-12

Massive comeback above important support

2025-05-12
Add A Comment

Comments are closed.

Top Posts

XRP ETF Debut Narned Investors in the Berenmarkt, claims from analysts

2025-04-10

I asked ChatGPT if Bitcoin can reach $100,000, it confirmed…

2023-07-02

Litecoin (LTC) Blinking Bullish Signal Amid Rising Address Activity: Crypto Analytics Firm Santiment

2024-01-07
Editors Picks

Tencent and Huawei make bold moves in Web3 amid China’s crypto restrictions

2023-11-22

Shiba Inu Price Prediction – Will THIS Prevent a Bullish Breakout?

2024-12-17

Bitcoin: Collect whales 22k BTC van de Dip – more rally probably?

2025-01-29

US hacker gets three-year prison sentence for looting $12,000,000+ in crypto from two decentralized exchanges

2024-04-13
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

The market capitalization of PI Network jumps $ 7 billion like token skyrockets 110% in a week in the middle of market bending

ETH up to $ 10k? – Analysts say that the graph and rivals point to ‘yes’

Saylor Hints on more Bitcoin buys as BTC Record is approaching high

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,316.96-1.57%
  • ethereumEthereum(ETH)$2,444.81-2.22%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.483.59%
  • binancecoinBNB(BNB)$647.22-1.10%
  • solanaSolana(SOL)$169.39-3.11%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.221918-7.35%
  • cardanoCardano(ADA)$0.79-3.53%
  • tronTRON(TRX)$0.261394-1.07%
  • suiSui(SUI)$3.90-5.51%
  • chainlinkChainlink(LINK)$16.28-4.63%
  • avalanche-2Avalanche(AVAX)$24.06-3.96%
  • stellarStellar(XLM)$0.302886-1.91%
  • shiba-inuShiba Inu(SHIB)$0.000015-7.51%
  • hedera-hashgraphHedera(HBAR)$0.204672-1.72%
  • the-open-networkToncoin(TON)$3.25-5.22%
  • hyperliquidHyperliquid(HYPE)$23.87-3.51%
  • unus-sed-leoUNUS SED LEO(LEO)$8.602.64%
  • bitcoin-cashBitcoin Cash(BCH)$396.21-2.85%
  • polkadotPolkadot(DOT)$4.93-4.22%
  • litecoinLitecoin(LTC)$101.570.71%
  • piPi(PI)$1.08-15.64%
  • moneroMonero(XMR)$334.53-1.01%
  • pepePepe(PEPE)$0.000013-6.22%
  • bitget-tokenBitget Token(BGB)$4.68-3.32%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • uniswapUniswap(UNI)$6.64-4.89%
  • bittensorBittensor(TAO)$448.94-4.68%
  • nearNEAR Protocol(NEAR)$3.07-3.19%
  • aptosAptos(APT)$5.61-5.75%
  • aaveAave(AAVE)$214.68-2.56%
  • okbOKB(OKB)$53.77-2.34%
  • ondo-financeOndo(ONDO)$0.99-6.12%
  • internet-computerInternet Computer(ICP)$5.55-4.37%
  • kaspaKaspa(KAS)$0.112401-11.13%
  • ethereum-classicEthereum Classic(ETC)$19.23-3.79%
  • gatechain-tokenGateToken(GT)$21.57-1.05%
  • mantleMantle(MNT)$0.78-3.12%
  • crypto-com-chainCronos(CRO)$0.098044-1.57%
  • render-tokenRender(RENDER)$4.98-5.66%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.246492-4.00%
  • vechainVeChain(VET)$0.029822-5.47%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.56-10.01%
  • ethenaEthena(ENA)$0.370661-9.71%
  • usd1World Liberty Financial USD(USD1)$1.000.17%
  • cosmosCosmos(ATOM)$5.10-4.15%
  • filecoinFilecoin(FIL)$2.99-5.39%
  • algorandAlgorand(ALGO)$0.231002-4.45%
  • bitcoinBitcoin(BTC)$102,316.96-1.57%
  • ethereumEthereum(ETH)$2,444.81-2.22%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.483.59%
  • binancecoinBNB(BNB)$647.22-1.10%
  • solanaSolana(SOL)$169.39-3.11%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.221918-7.35%
  • cardanoCardano(ADA)$0.79-3.53%
  • tronTRON(TRX)$0.261394-1.07%
  • suiSui(SUI)$3.90-5.51%
  • chainlinkChainlink(LINK)$16.28-4.63%
  • avalanche-2Avalanche(AVAX)$24.06-3.96%
  • stellarStellar(XLM)$0.302886-1.91%
  • shiba-inuShiba Inu(SHIB)$0.000015-7.51%
  • hedera-hashgraphHedera(HBAR)$0.204672-1.72%
  • the-open-networkToncoin(TON)$3.25-5.22%
  • hyperliquidHyperliquid(HYPE)$23.87-3.51%
  • unus-sed-leoUNUS SED LEO(LEO)$8.602.64%
  • bitcoin-cashBitcoin Cash(BCH)$396.21-2.85%
  • polkadotPolkadot(DOT)$4.93-4.22%
  • litecoinLitecoin(LTC)$101.570.71%
  • piPi(PI)$1.08-15.64%
  • moneroMonero(XMR)$334.53-1.01%
  • pepePepe(PEPE)$0.000013-6.22%
  • bitget-tokenBitget Token(BGB)$4.68-3.32%
  • daiDai(DAI)$1.000.02%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • uniswapUniswap(UNI)$6.64-4.89%
  • bittensorBittensor(TAO)$448.94-4.68%
  • nearNEAR Protocol(NEAR)$3.07-3.19%
  • aptosAptos(APT)$5.61-5.75%
  • aaveAave(AAVE)$214.68-2.56%
  • okbOKB(OKB)$53.77-2.34%
  • ondo-financeOndo(ONDO)$0.99-6.12%
  • internet-computerInternet Computer(ICP)$5.55-4.37%
  • kaspaKaspa(KAS)$0.112401-11.13%
  • ethereum-classicEthereum Classic(ETC)$19.23-3.79%
  • gatechain-tokenGateToken(GT)$21.57-1.05%
  • mantleMantle(MNT)$0.78-3.12%
  • crypto-com-chainCronos(CRO)$0.098044-1.57%
  • render-tokenRender(RENDER)$4.98-5.66%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.246492-4.00%
  • vechainVeChain(VET)$0.029822-5.47%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.56-10.01%
  • ethenaEthena(ENA)$0.370661-9.71%
  • usd1World Liberty Financial USD(USD1)$1.000.17%
  • cosmosCosmos(ATOM)$5.10-4.15%
  • filecoinFilecoin(FIL)$2.99-5.39%
  • algorandAlgorand(ALGO)$0.231002-4.45%