Shibarium is getting hotter 🔥
The popular memecoin - Shiba Inu - has recently been in the spotlight thanks to its layer-2 blockchain solution - Shibarium. The network's daily transactions exploded in early December, with numbers ranging from 5 million to 7.9 million in the last ten days. This huge upward trend saw the total number of transactions exceed 80 million.
Not only that, the total blocks on Shibarium also exceeded 2 million (according to Shibariumscan).
However, SHIB price fell by around 3% in the last 24 hours, in line with the overall crypto market correction.
SHIB Growth Potential
Although Shiba Inu price declined in the last 24 hours, the asset is up around 15% in the last two weeks. One person who noticed this spike was popular Twitter user Ali.
Ali highlighted SHIB's impressive performance in the past three months, claiming that SHIB was "pretty quiet during the altcoin season." Ali also believes that “there is growth potential ahead” for the memecoin.
Come on, what do you think about Shiba Inu's growth potential? Come on, discuss it in the comments column! 😄