The Number of Shibarium Wallets Surpasses 1 Million as SHIB and BONE Prices Drop
The number of Shibarium wallets has reached a significant milestone, surpassing one million unique addresses. However, the prices of the Shiba Inu (SHIB) and Bone ShibaSwap (BONE) have experienced notable declines.
Key Points:
- Shibarium now has over 1 million wallets and over 450,000 blocks, with 949,204 transactions.
- The layer-2 blockchain faced technical difficulties upon its launch in August, but has since relaunched successfully.
- Shibarium’s daily transactions have been steadily increasing, reaching 99,000 in the past 24 hours.
- Despite the milestone, SHIB and BONE prices have declined along with the global crypto market.
- Shiba Inu is down 1.56% and trading at $0.0000077, with a market cap of $4.55 billion.
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BONE, the governance token for ShibaSwap and the gas token for Shibarium, has also seen a decline of 2.7% and is currently trading at $1.05. BONE’s market capitalization is $240 million.
Hot Take:
While the number of Shibarium wallets reaching one million is a significant achievement, the declining prices of SHIB and BONE indicate the current market trends and volatility in the crypto space. It will be interesting to see how the Shibarium network continues to evolve and whether the prices of SHIB and BONE can recover in the future.
