Why is Shiba Inu Price Up Today? Here’s the Key Shibarium Milestone Behind SHIB’s Rise

2023-12-4 14:30

Shiba Inu takes center stage on Binance, experiencing a remarkable surge of over 10% in the last 24 hours and its trading at $0.00009398. With a 24-hour trading volume soaring by an impressive 330.38%, Shiba Inu is currently riding high with a staggering $559,400,295 in volume.

Today’s crypto rally has been ignited by Bitcoin’s resurgence, retesting its highest price level for 2023 at $41,675. As Bitcoin asserts its dominance, numerous altcoin protocols are basking in the glow of this bullish market sentiment, experiencing substantial upticks in both prices and activity.

Shibarium Emerges as a Star Performer

Amid this crypto frenzy, Shibarium emerges as a key beneficiary of the bullish wave. Data from the Shibarium Scan reveals an extraordinary surge in total transaction count, soaring above 28,000,000.

Notably, the Shiba Inu-based Ethereum Layer-2 scaling solution has achieved a daily transaction count of 7.84 million, arguably the highest recorded in a single day.

Historically, Shibarium transactions maintained a steady pace until late November. However, a parabolic shift has been witnessed, with an unprecedented surge recording over 700,000 transactions in a single day this year.

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This spectacular increase underscores the growing popularity and utility of Shibarium as it cements its position as a significant player in the crypto ecosystem.

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The post Why is Shiba Inu Price Up Today? Here’s the Key Shibarium Milestone Behind SHIB’s Rise appeared first on CaptainAltcoin.

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SHIBA INU (SHIB) на Currencies.ru

$ 0 (+1.82%)
Объем 24H $11
Изменеия 24h: 8.92 %, 7d: 2.86 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 3428
Доступно / Всего 0 SHIB

shiba inu trading hours impressive 330 soaring

Источник: captainaltcoin.com

shiba inu → Результатов: 126


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