Shiba Inu Witnesses Surging Investor Interest, Achieves Remarkable Milestones

Shiba Inu Witnesses Surging Investor Interest, Achieves Remarkable Milestones
  • Shiba Inu sees notable growth in new users and token burn activity.
  • Influx of New Users Impressive influx of new users into the Shiba Inu ecosystem.
  • Shibarium testnet experiences significant surge in transaction activity.

Data shared by CryptEye portal reveals noteworthy developments in the growth of the Shiba Inu meme coin, particularly in terms of new user acquisition and token burns. Additionally, Bitrue crypto exchange has introduced a SHIB staking pool, allowing customers to stake LEASH and BONE and earn up to 10% APY.

The Shiba Inu ecosystem has experienced a significant influx of new users, as reported by CryptEye. In the span of one month, the number of new users has surged to 10,589, while over the past three months, the inflow amounted to 25,271.

Notably, in the past year, a remarkable 338,533 new holders have joined SHIB. In the most recent day alone, approximately 900 new SHIB holders joined, marking a significant milestone in the adoption of this prominent meme cryptocurrency.

Shibarium testnet hits new milestones

Recent data from the Puppyscan explorer indicates a significant surge in transaction activity within the Shibarium testnet. Over the course of just a few days, the total number of transactions has experienced a rapid increase, with several million new transactions being added.

Comparing the current count to two days ago, the total transaction count has risen by approximately two million, reaching a current count of 29,287,081 SHIB transactions. Additionally, the price of Bone ShibaSwap (BONE), which serves as the gas token powering transactions on Shibarium, has demonstrated notable fluctuations and upward movements throughout the week.

Vignesh k

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.

Source: https://thenewscrypto.com/shiba-inu-witnesses-surging-investor-interest-achieves-remarkable-milestones/