Shibarium sees 621% increase as SHIB price breaks

Shiba Inu (SHIB) cryptocurrency has emerged as one of the rising stars, driven by growing optimism around Shibarium, a potent layer-2 network in the SHIB ecosystem. Recently, Shibarium reached an impressive new milestone.

Shiba Inu’s Tier 2 solution saw a staggering 621% increase in new account activity in one day on February 7, according to data shared by the Shibariumscan platform.

The survey revealed that there was an increase from 33 new accounts registered on February 6th to an impressive 205 the following day. So, in total, there are 63,341 Shibarium accounts.

After more than two weeks of moderate trading, the Shiba Inu cryptocurrency showed a very significant recovery recently, with an increase of 3.6%.

At the time of publication, the Shiba Inu price was quoted at US$0.05915, up 3.3% in the last 24 hours. During this period, the cryptocurrency recorded a trading volume of US$159,958,262.

Shibarium Network plans integration of 1,000 projects

The head of marketing at Shiba Inu (SHIB), known as Lucie on the X app, recently revealed plans for the Shibarium Layer-2 scaling solution. She highlighted that there is a plan for 1,000 projects to be integrated into Shibarium.

In a recent post on X, Lucie explained to the SHIB community that supporting new projects in the ecosystem does not mean canceling those that already exist in Shiba Inu.

“In the future, Shibarium aspires to integrate 1,000 projects with numerous partnerships. Remember that supporting new projects does not mean canceling existing ones. Stay Wellystrong as a community in difficult times. If you’ve made it this far, why waste so many months giving up now? ($BAD IDEA, right?!).

Choose a community that resonates with you. Invest wisely after thorough analysis. It is essential that you never use money earmarked for accounts in your investments. Observe, research and invest only what you feel comfortable with”, he stated.

Disclaimer:

The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.