Shiba Inu Updates You May Have Missed

Shibarium Network Growth

• Shibarium’s total value locked (TVL) surged to $2.45 million, showing growing investor confidence.
• The network processed over 5 million blocks, 4 million transactions, and has nearly 2 million addresses.
• However, daily transactions remain low, impacting token burns.

Price Concerns

• 65 trillion SHIB tokens are at risk of being sold off after a recent price drop.
• Over 4 trillion SHIB ($103 million) have been moved to exchanges, suggesting potential sell-offs.

Historical Milestone

• Three years ago, Ethereum co-founder Vitalik Buterin burned 410 trillion SHIB tokens, a pivotal moment in the Shiba Inu ecosystem.