Shibarium Poised for Significant Advancement in Wide-Scale Adoption
Take a gander at Shibarium, the scalability solution for the Shiba Inu network on Ethereum. Snoop around Shibariumscan, and you'll see the protocol's total address count is skyrocketing, about to shatter a new record at 200 million!
Shibarium's Address Explosion
Right now, the Shibarium scene shows that a whopping 199,199,906 addresses have joined the party since its genesis. With just 800,094 more to go, this scaling solution is tantalizingly close to reaching the 200 million addresses milestone.
SHIB Token Soaring to Space
Remember when we spilled the beans about Shibarium hitting that significant billion transaction milestone in March? Well, these milestones have led to some serious action in the ecosystem, boosting the average daily transaction count to a mind-boggling 4 million. According to the explorer, the total transaction count stands proudly at 1,121,107,423.
The SHIB team and their developer pals aren't resting on their laurels. They've been shaking things up with goodies like the SHIB App Store, offering a swanky showcase for developers to flaunt their Shibarium creations.
While this isn't the only brilliant brainwave on the horizon, the positive vibes it's creating for the user experience are huge.
SHIB Price: Time to Moon?
With all the excitement swirling around Shibarium, the question on everyone's lips is naturally, "What about SHIB's price?", the immediate bullish predictor for the network's wellbeing. At the moment, one SHIB is trading hands for $0.0000138, down a pitiful 1.82% in the previous 24 hours.
SHIB Transactions at an All-Time High
Despite the minor price dip, SHIB has been on a tear over the past week, posting a 10% gain. As burns ramp up to unprecedented levels, the token's scarcity value is being turbocharged, priming SHIB for even greater valuation glory.
Traders are keeping a beady eye on SHIB, eagerly waiting for new adoption and growth to unfold in the near future.
Sources:1. Gamza Khanzadaev: "Shibarium is 77.8% Away from Mooning in May" – U.Today2. "Shiba Inu's Shibarium Layer 2 Solution Predicted to Fuel Meme Coin's Price Explosion" – U.Today3. "Shibarium Explorer Shows Billionth Shiba Inu Transaction Milestone Reached" – U.Today4. CoinCodex: "Shiba Inu Shibarium: What is it and What Does it Mean for SHIB?"5. InvestingCube: "Shiba Inu Price Prediction 2022"
- The Shibarium protocol, a scalability solution for the Shiba Inu network on Ethereum, is nearing a record of 200 million addresses.
- The SHIB team has introduced the SHIB App Store, a showcase for developers to display their Shibarium creations.
- Despite a minor price dip, SHIB transactions have reached an all-time high over the past week, driven by unprecedented burn rates.
- With the SHIB price currently trading at $0.0000138, traders are waiting for new adoption and growth in the near future.
- Sources predict that Shibarium could fuel a price explosion for the Shiba Inu meme coin.
- A recent article revealed that Shibarium is 77.8% close to reaching a new all-time high, potentially mooning in May.
