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What is Next for Shibarium In the update shared on the project’s official blog page, Kaal revealed that the hosted version of the Blockscout explorer is now available on Shibarium scan , a provision that is necessary to bolster the performance of the protocol on the part of the end users. According to the update, the Blockscout team is seeing to it that the explorer remains operational and the chain remains 100% indexed. advertisement While the Shibarium protocol has maintained the status of having the lowest gas fee amongst all active L2s at the moment, the team is undeterred in the effort to maintain this status quo. In all, Kaal revealed that Shibarium has crossed a total of 1 million wallets going live on-chain while hoping that the overall transactions recorded will soon hit the 1 million milestone. Looking forward, the Shibarium team is set to welcome more bridges into the scaling network’s ecosystem as Kaal confirmed that there has been a ser...

Shibarium -related developments have managed to keep Shiba Inu consistently in the news over the past few days. Crypto enthusiasts have been actively discussing this asset on multiple platforms. At press time, SHIB ranked 3 on the ‘trending’ list on LunarCrush. In fact, among the other top tokens in the category, SHIB was the only one to register an appreciation greater than 1%. Moreover, the largest crypto asset was seen exchanging hands at $0.000008066 at press time. Source: LunarCrush Also Read:  Shiba Inu: Is SHIB Primed to Rise 16% by Sept. 1, 2023? With Shiba Inu barely stepping foot into recovery territory, the community has yet again become optimistic about a SHIB rally. In fact, they expect the asset to attain several milestones on the price front going forward. So, in this article, we will analyze the prerequisites for SHIB to reach the psychological $0.001 target. Also Read: Shiba Inu: 2 Ways SHIB Could Reach $0.01 Shiba Inu’s ...

Shibarium and NFTs: Advocated Caution The protocol is billed to function like every other Layer-2 scaling outfit around today. While it will host all varieties of Decentralized Applications (DApps) like its peers, lead developer, Shytoshi Kusama has confirmed that the L2 will support the minting of Non-Fungible Tokens (NFTs) across the board. advertisement This confirmation was first shared on the Discord server of Shibarium Tech protocol. Kusama responded directly to an inquiry from a user who wanted to know if Shibarium will publish instructions on how to mint NFTs . In response, Kusama noted that users who wish to mint an NFT will have to pick their platform of choice and the smart contract will direct them accordingly. . @ShytoshiKusama is chatting on Shibarium tech discord 😁 pic.twitter.com/vRfrmRQaWY — 𝐋𝐔𝐂𝐈𝐄 | Summer of Shibarium (@LucieSHIB) August 11, 2023 Reco...

Shiba Inu Whale Moves 2.4 Trillion SHIB Tokens Whale Alert reported the transfer of 2,416,836,656,676 SHIB tokens worth $18.77 million BinanceUS to an unknown wallet on July 20. advertisement Etherscan data revealed BinanceUS has been moving many tokens from BinanceUS 2 wallet to a new wallet address 0x058A in the last two days. Thus, the wallet address could possibly belong to the crypto exchange. The wallet address has 69 tokens worth $72.62 million. Several members of the Shiba Inu community noted the massive transfer of SHIB tokens from BinanceUS, believing the transfer is related to the Shibarium launch next month. 2,416,836,656,676 $SHIB was transferred from Binance US 🔥🔥 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...

Etherscan has revealed new data that shows Shiba Inu (SHIB) whales and various wallets have moved almost 40 billion from various cryptocurrency exchanges. Moreover, the Shibarium network has continued to grow, reaching a host of new milestones. Shiba Inu whales were at work today, as Etherscan noted a plethora of transactions that occurred in just an hour. Moreover, the six transfers saw transactions of 6 billion SHIB on the move. The smaller transaction contained 1.5 billion SHIB, with the largest moving 9 billion of the meme coin.  40 Billion SHIB on the Move? Source: The Economic Times According to data from Etherscan, Shiba Inu whales had moved more than 40 billion SHIB in only an hour. Moreover, among the billions of meme coins that were on the move, 13 billion were purchased, and subsequently withdrawn from the Crypto.com exchange.  Additionally, 1.5 billion was acquired on KuCoin, then withdrawn and sent to a cold wallet. Moreover, 6.1 billion Shiba Inu coins we...

As per the data on Shibburn, Shiba Inu’s (SHIB) burn rate has spiked by a massive 10960.22%. One transaction, in particular, that burned over 924.15 million SHIB tokens is responsible for the recent surge. Source: Shibburn According to SHIB influencer “LUCIE,” the 924.15 million SHIB tokens were burned by Koyo Token. Koyo is a DeFi project on the Ethereum (ETH) network. The project’s objective is to provide a platform where users can securely access various financial services, such as lending, borrowing, and staking, in a decentralized manner. Another one 924,150,949 $SHIB was burned by @KoyoToken — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 17, 2023 The burn spike follows rumors about Shiba Inu’s Shibarium network stealing its code from Rinia. However, Rinia’s testnet developer has clarified that the Shibarium developers did not steal his code. The only thing the developer complained about is that the Shibarium developers kept his Chain ID. Is Shiba Inu making a turnaround? ...