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SHIB Soars to 7-Day High as Shibarium Transactions Hit Record

Published 12/04/2023, 11:51 PM
Updated 12/05/2023, 12:15 AM
SHIB Soars to 7-Day High as Shibarium Transactions Hit Record
SHIB/USD
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  • Shibarium’s transaction surge boosts SHIB price to a seven-day high, hinting at further gains.

  • Cryptocurrency market rallies as Bitcoin hits 19-month high and Ethereum joins the climb.

  • Shibarium shines as a Layer-2 powerhouse, handling record transactions with ease.

Shibarium has recently witnessed an increase in its daily transaction count. As of December 4, the total daily transactions recorded on Shibarium soared to an impressive 7.84 million. This significant activity has pushed the network’s total transactions to above 27,000,000.

Consequently, this surge in transaction volume has had a notable impact on the broader market, particularly on the value of Shiba Inu (SHIB). As the transaction count on Shibarium rises, SHIB has experienced a recovery in its price to its 7-day high of $0.000009415 before experiencing a slight correction.

This increase in transaction count indicates growing interest and adoptio…

The post SHIB Soars to 7-Day High as Shibarium Transactions Hit Record appeared first on Coin Edition.

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