Shiba Inu network activity has seen a startling surge, according to crypto expert Ali. He notices that several SHIB addresses were generated in a single day.
2,538 new SHIB addresses were generated on May 26 alone, according to a Glassnode figure he provided. This constitutes the largest growth in the past three months, he observes.
There are now 1,307,734 Shiba Inu owners, according to WhaleStats. As Shiba Inu continues to lose its identity as a joke coin, it continues to get attention from the wider crypto world.
Shiba Inu’s price has been within a consistent range of $0.000008 and $0.000015 for months, enabling many users to amass additional tokens.
SHIB has gained 3.11% in the last 24 hours to reach $0.0000087 at the time of writing.
SHIB burning is still happening steadily in the meanwhile. In six transactions throughout the previous day, a total of 20,533,441 SHIB tokens were burnt. 130 transactions totaling 2,734,359,742 SHIB tokens burnt over the previous seven days.
Shiba Inu’s BONE shows surprising jump of 13%
BONE, the gas token for Shibarium and the governance token for Shiba Inu, is growing by an unexpected 13%.
As of the writing of this article, BONE has increased 11.33% in the previous day to $0.877. The price of BONE may have changed in response to its expanding utility on Shibarium beta.
Shibarium beta “Puppynet” reached the important threshold of 1 million blocks, as reported. PuppyScan reports that the testnet for Shibarium has created 1,028,926 total blocks.
The Shibarium testnet has completed 13,307,971 transactions since its debut on March 11. At 16,051,149, the total number of interacting wallet addresses has surpassed 16 million.
