Key Reason to Shibarium’s Future Success Revealed by SHIB Team

As a seasoned crypto investor with a background in economics and a knack for spotting potential, I’ve witnessed the evolution of digital currencies from a distance, always keeping my finger on the pulse of the market. My journey into the world of cryptocurrencies was accidental, much like how one might stumble upon a Shiba Inu in a dog park.


The recognized marketing specialist for the Shiba Inu group, commonly called Lucie within the cryptocurrency community, recently shared her thoughts on cryptocurrencies, particularly SHIB, from an economic standpoint via a tweet.

Apart from Lucie (who chooses to keep her full name private), we learned about her academic background, employment history, and her journey into the crypto world, including her involvement with the Shiba Inu team. To begin with, she owned Bitcoins, Ethereums, and XRPs, but later shifted focus to SHIB.

Shibarium success will depend on this factor

As a crypto investor, I’ve noticed an incredible surge in the SHIB ecosystem, which can be attributed to a consistent flow of collaborations and strategic partnerships. These alliances are crucial for the growth and expansion of the Shiba Inu ecosystem.

A crucial aspect for Shibarium’s growth and future prosperity, as highlighted by Lucie, is its practicality and continuous development. As more projects adopt this layer-2 SHIB solution – be it new tokens, swaps, services, NFT collections, and so on – the higher its utility becomes, leading to increased usage and success.

As a researcher, I acknowledge that projects utilizing Shibarium are worthy of backing from our SHIB team. However, it’s essential to remember that this support could potentially divert resources away from the Shiba Inu token itself. Therefore, when making resource allocation decisions, it is crucial to maintain a balanced perspective.

Shibarium reaches massive milestone

According to U.Today’s latest report, the layer-2 solution Shibarium has achieved a significant milestone of 6 million blocks. This accomplishment was made possible even amidst recent volatility in the cryptocurrency market. In the past few days, Shibarium has experienced a substantial increase in daily transactions, with the transaction count nearly quadrupling and peaking at 8,630 on August 1, after dropping to 2,570 on July 30.

On July 17th and again on July 3rd, a detailed examination revealed unusually high transfer counts of 8,390 and 9,370 respectively. Additionally, the total transaction count has reached an impressive milestone, exceeding the 418 million mark not too long ago.

Based on information from the Shibburn platform, within the past 24 hours, the SHIB community successfully burned approximately 6.9 million tokens.

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2024-08-02 13:56