Shibarium Adds Another 100k Wallets, Representing A Surge Of 100% Within 24 Hours
In a major milestone for the Shiba Inu community, the Shibarium platform has added a staggering 100,000 new wallets in just one day, bringing the total number of wallets to over 200,000. This feat has been achieved alongside another impressive milestone – the platform has now facilitated over 1 million transactions.
Shibarium Grows Daily In terms Of Wallet
According to data from Puppyscan, a blockchain explorer built on Shibarium, the beta testnet for Shibarium has now surpassed more than 200K wallet addresses.Â
At press time, the Shibarium Beta testnet has registered 202,070 addresses, representing a 100% surge from what was recorded yesterday.
Shibarium is a decentralized exchange (DEX) built on the Ethereum network, and it has quickly become a popular choice for Shiba Inu enthusiasts to trade their SHIB and other tokens. The platform has gained a reputation for its ease of use, low fees, and high transaction speeds.
The addition of 100,000 new wallets in a single day is a testament to the growing popularity of Shibarium and the wider Shiba Inu community. The team behind Shibarium has expressed their excitement at reaching this milestone, and they have promised to continue working hard to provide the best possible service to their users.
As the Shiba Inu ecosystem continues to expand and evolve, it is clear that Shibarium will play an important role in shaping its future. With its impressive growth and commitment to innovation, Shibarium is poised to become one of the leading DEXs in the world of decentralized finance (DeFi).
 Reason For the Unusual Shibarium’s Growth
One of the factors contributing to Shibarium’s rapid growth is its integration with the Shibaswap platform. Shibaswap is a decentralized exchange and automated market maker (AMM) designed specifically for the Shiba Inu community. It has been praised for its innovative features, including a liquidity pool that rewards users with the SHIB token.
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Shibarium’s integration with Shibaswap has made it easier for users to access the platform and trade their tokens. This has also helped to increase liquidity on the exchange, making it more attractive to traders looking to buy or sell SHIB and other tokens.
In addition to its integration with Shibaswap, Shibarium has also been working on other initiatives to support the Shiba Inu community. The platform recently launched a new feature called “ShibaFarms,” which allows users to stake their tokens and earn rewards in SHIB. This has been a popular addition to the platform, with many users taking advantage of the opportunity to earn passive income.
Looking to the future, Shibarium has plans to expand its offerings even further. The team has teased the development of new features and partnerships that will further enhance the platform’s capabilities. As the Shiba Inu community continues to grow and evolve, Shibarium is poised to play a leading role in shaping its future.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
