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Shiba Inu: Shibarium Reached 90 Million Total Transactions In another significant milestone for the leading meme-coin, Shiba Inu has reached 90 million total transactions on its Shibarium network. The network’s transactions skyrocketed in recent weeks, and according to Shibariumscan.io, total transactions have reached 92,638,385. Additionally, Shiba Inu wallet addresses have also increased to 1,304,953. Shibarium has processed over two million total blocks, bringing the total to 2,074,948. Furthermore, Shibarium had 7.84 million daily transactions in the last 24 hours. The network has consistently maintained an average of 7.5 million daily transactions over the past week. Analysis from Changelly indicates that Shiba Inu is set for a week marked by volatility. Much market shift and price fluctuation is expected for SHIB. In addition, some users are speculating that a new announcement coming from Shytoshi Kusama, the pseudonymous leader of Shiba Inu, will indicate a shift in Shibarium. Following Shiba Inu’s burn of over $75,000 worth of SHIB tokens utilizing a portion of Shibarium fees last week, the price of SHIB is very unpredictable. While the 90 million transaction milestone for Shibarium is a big one, users are waiting for Kusama’s announcement to further understand the near future for the meme coin and its Layer 2 blockchain network. #SHIBFuture #dyor

Shiba Inu: Shibarium Reached 90 Million Total Transactions

In another significant milestone for the leading meme-coin, Shiba Inu has reached 90 million total transactions on its Shibarium network. The network’s transactions skyrocketed in recent weeks, and according to Shibariumscan.io, total transactions have reached 92,638,385.

Additionally, Shiba Inu wallet addresses have also increased to 1,304,953. Shibarium has processed over two million total blocks, bringing the total to 2,074,948.

Furthermore, Shibarium had 7.84 million daily transactions in the last 24 hours. The network has consistently maintained an average of 7.5 million daily transactions over the past week.

Analysis from Changelly indicates that Shiba Inu is set for a week marked by volatility. Much market shift and price fluctuation is expected for SHIB. In addition, some users are speculating that a new announcement coming from Shytoshi Kusama, the pseudonymous leader of Shiba Inu, will indicate a shift in Shibarium.

Following Shiba Inu’s burn of over $75,000 worth of SHIB tokens utilizing a portion of Shibarium fees last week, the price of SHIB is very unpredictable. While the 90 million transaction milestone for Shibarium is a big one, users are waiting for Kusama’s announcement to further understand the near future for the meme coin and its Layer 2 blockchain network.

#SHIBFuture #dyor

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Shiba Inu: Here's How Many SHIB Binance Holds Binance has released its latest Proof-of-Reserve (PoR) report for March 2024. The report highlights the exchange’s holdings of various cryptocurrencies, including 67.67 trillion Shiba Inu (SHIB) tokens. The PoR report, which was conducted through an audit on April 1, 2024, at 00:00 (UTC), shows that Binance holds billions of dollars’ worth of cryptocurrencies, with Shiba Inu being a notable holding by the exchange. Binance’s Shiba Inu Holdings Exceed User Deposits The report shows that Binance’s Shiba Inu reserve exceeds users’ deposits by 3.59%. According to the data, Binance customers’ net balance stands at 65,321,321,452,095.36 (65.32 trillion) SHIB tokens, while the exchange boasts a reserve of 67,670,462,296,521 (67.67 trillion) SHIB. This suggests that Binance backs its users’ Shiba Inu deposits at a ratio of 103.60%. With SHIB currently trading at $0.00002752, the value of users’ Shiba Inu deposits on Binance amounts to $1.89 billion, while the exchange’s SHIB balance is valued at $1.96 billion. Compared to the previous report from February 1, both Binance and its customers’ net balances have experienced a slight decrease. At that time, Binance held a net balance of 69.4 trillion SHIB with a collateralization ratio of 103.6%. In addition to Shiba Inu, the latest PoR report also highlights Binance’s strong collateralization ratios for other top cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH). The report indicates that the collateralization ratio for these assets stands at 104.46% and 103.58%, respectively. Binance users collectively hold 568,788.919 BTC, worth $41.09 billion, while the exchange maintains a net balance of 594,136.021 BTC, valued at $42.92 billion. Likewise, users have 4,446,480.486 ETH ($16.04 billion) in deposits, while Binance holds a balance of 4,605,595.896 ETH ($16.61 billion). #binacnce #SHIB🔥🔥
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