Exploring the Impact of Shibarium on SHIB: A Closer Look at the 15% Decline in 30 Days
Bearish pressure continued to put downward pressure on SHIB’s value.
![image Zoey](https://image.coinlive.com/24x24/cryptotwits-static/a3b9bf7fca0a7fabb32ee0680da5c595.png)
Bearish pressure continued to put downward pressure on SHIB’s value.
Shibarium, Shiba Inu's layer-2 solution, achieves a milestone with 300 million transactions, reducing fees. Rapid growth, wallet increases, and burning initiatives showcase its impact. Lucie's optimism and ongoing projects hint at a promising future for the Shiba Inu community.
Shibarium, the Layer-2 solution for Shiba Inu, witnessed a remarkable 200% surge in daily transactions, marking a turnaround from a recent lull. Gate.io's integration played a pivotal role. With 2 million daily transactions and BONE token surging, Shibarium's future looks promising, though sustainability remains uncertain.
In the world of blockchain technology, terms like Mainnet, Testnet, and Devnet are frequently used but often misunderstood.
Shibarium seems to be on a roller coaster ride of highs and lows since its launch. A wallet address embarked on a dubious minting spree, generating an alarming surplus of Shibarium tokens that far exceeded the established total supply.
Shibarium launched recently but soon met with bridging issues causing SHIB token to take a dip. Amidst much FUD, its lead developer stepped forward to address the situation and was met with much support (and memes).
Ethereum Layer 2 network Optimism changed the project’s name to OP Mainnet.
Explore the most interesting projects on Polygon and find the best plays for the Polygon narrative.
On February 21st, 2023, LayerZero launched a bridge between mainnet ETH and Goerli testnet ETH.
Ethereum PoW has revealed plans for its mainnet. It has also released information on preparing full nodes.