Crypto Gloom

Shiba Inu News: Shibarium Closes $400 Million in Transactions

In this article, we will talk about the Shibarium network and its recent achievements. Shibarium is part of the Shiba Inu team’s efforts and is making headlines as it approaches a staggering number of transactions. Let’s find out what’s happening now and why it’s of interest to so many people.

Sybarium
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Shibarium’s total trading volume is close to 400 million.

Shibarium, a network designed to process transactions for Shiba Inus, is on the verge of reaching 400 million transactions. This is a big problem because it shows that many people are using Sybarium. There is also nearly $1 million locked in the network, meaning people have that much money in the system.


Buzz around the cibarium

DeFiLlama said Shibarium is approaching $1 million. This is happening at the same time the Shiba Inu community is working to further improve the Shibarium. They plan to introduce new things like SHEboshi, Shiboshi utility, and KNINE to make the network more useful and fun.

CoinW said it would be the first to launch SHEBoshi trading. Shibarium currently holds approximately $970,463 and has processed nearly 374.03 million transactions. Transactions worth $2.78 million were processed in one day.


Excited about new additions

People are really excited about KNINE and SHEB because they offer a new way to invest in Shiba Inus. CoinW’s listing of SHEboshi made people even more excited and hoped that more places would trade it.


exchange comparison

SHEBoshi’s rapid success

Shibarium celebrated a special moment when SHEboshi was listed on the exchange very quickly after it sold out. Dubai-based digital currency platform CoinW was the first to offer SHEboshi for trading. They started trading at 13:00 (UTC) on Friday. People could start trading SHEBoshi right away, but had to wait until the next day to move it to CoinW and out.


conclusion

Shibarium’s journey to reach 400 million transactions is not just about numbers. This is a sign that interest in and trust in the Shiba Inu network is growing. With new developments and upcoming features like SHEboshi, Shibarium will become even more central to the digital currency world. These are very exciting times for the Shiba Inu community, and many are watching closely to see what happens next.


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