๐๐ Hold on to your hats, BTC enthusiasts! Shibarium, Shiba Inu's layer-2 blockchain solution, is making waves with a significant resurgence in daily transactions. We're talking a whopping 1,000% increase, with transactions surpassing 75,000! ๐๐
Though we're still catching up to the boom seen at the start of March, it's a promising sign. Remember, Shibarium was only launched in August last year and has already achieved some impressive milestones. Over 4 million blocks on the network and over 413 million total transactions! ๐ฏ๐ฅ
Shibarium's mission? To boost Shiba Inu by reducing transaction fees, improving speed, and enhancing scalability. ๐๐ช
Some are speculating that this could trigger a bull run for Shiba Inu. Another factor to consider is the token burn rate, which recently exploded by over 300%. The goal is to reduce the maximum supply of SHIB tokens, making them scarcer and potentially more valuable over time. ๐ฐ๐
The price of Shiba Inu, the self-proclaimed Dogecoin-killer, is also on the rise, increasing by almost 200% on a three-month scale. ๐๐ธ
Stay tuned, folks! The crypto world never sleeps, and neither do we! ๐๐