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Shibarium Records 5 Million Transaction Spike in 24 Hours
In a remarkable surge, the Shibarium blockchain has witnessed a massive spike of over 5 million transactions within the past 24 hours. This significant increase in transaction volume is a testament to the growing adoption and momentum surrounding the Shiba Inu ecosystem.
As reported by U.Today, the number of wallets connected to Shibarium’s layer-2 blockchain has seen an impressive growth, with the total now standing at 2,110,190. Additionally, the block count on the network has reached 9,340,418, a significant increase from the previous day.
More importantly, the SHIB community has made a substantial impact in reducing the circulating supply of meme coins. Over the past 24 hours, a staggering 15,104,251 SHIB tokens have been removed from circulation, resulting in an impressive daily burn rate surge of 1,146.44%.
It is essential to note that one transaction accounted for nearly all of these burned tokens, carrying a massive 14,089,269 SHIB. This remarkable effort demonstrates the dedication and enthusiasm of the SHIB community towards promoting sustainability and reducing the supply of meme coins.
As Shibarium continues to grow at an impressive rate, it is crucial to stay vigilant and monitor key metrics closely. The recent spate of growth and increased engagement from the community signals a potentially exciting period for this project.
Source: https://u.today/shibarium-records-5-million-transaction-spike-in-24-hours
