What have you been up to, Shib Army? Here are some of our favorite highlights this week in the Shiba universe:
This positive analysis about $SHIB’s potential price increase is one for the books—apparently, SHIB recently broke out of a Falling Wedge pattern, hinting at a potential price surge that could see it skyrocket by over 422%!
Meanwhile, the army recently showed its strength and solidarity as it rallied nonstop this week, hoping to get $BONE listed on Binance. Have you voted yet? If you haven’t, make sure you do if you have a Binance account! Let’s get $BONE the recognition it deserves!
#PlayWithShib fam, where you at? Shiba Eternity’s latest upgrade screams efficiency and reliability. Say hello to unique token IDs that allow for more accurate tracking and better NFT trading! Now you can flex your awesomesauce gaming and asset trading abilities like a pro.
Shibarium continues to demonstrate significant activity, as reflected in the latest statistics available as of 5:00 AM ET on Wednesday. A total of 947.478 million transactions have been processed on the network. This number represents all transaction activity, including both successful and potentially failed or pending transactions.
Out of the total, 946.772 million transactions have been successfully completed and recorded on the blockchain. This shows a high success rate in transaction processing. The network supports 240.555 thousand total accounts, demonstrating a growing user base interacting with the Shibarium ecosystem.
Finally, there have been 2.031 million total BONE transfers, highlighting the utility and movement of the BONE token within the Shibarium environment. This is a measure of activity related to the BONE token, used for gas fees and other purposes within the network.
These data points offer a snapshot of Shibarium’s network activity and growth at this specific time. It’s important to remember that these figures are dynamic and subject to change as the network continues to operate. For the most up-to-date and detailed information, please refer directly to Shibariumscan.io.
As of 5:32 a.m. ET on Wednesday, the price of Shiba Inu Treat ($TREAT) is $0.0077249378. This represents a positive change, with the price up by 5.10% compared to the previous reporting period.
As of 5:32 a.m. ET on Wednesday, the price of Shiba Inu ($SHIB) is $0.0000153856. This reflects a slight increase, with the price up by 0.03% compared to the previous reporting period.
The Shib Torch, Shiba Inu’s token burning mechanism, has burned a total of 476,658,176 SHIB tokens. This represents the cumulative amount of SHIB that has been removed from circulation via the Shib Torch. This week’s burn represents a 14.57% increase compared to the amount burned in the previous week. Further information on burn rate can be found at Shibarium Burn Process – Reduce SHIB Supply.
Meanwhile, as of Wednesday, 15,050,787 SHIB tokens have been burned, representing a 1.97% increase in burn rate compared to the previous 24-hour period. Over the past 7 days, a total of 94,207,386 SHIB tokens have been burned, a significant 59.37% increase compared to the previous 7-day period.
Pro tip: stay tuned to this space to find plenty of gems, whether it’s a referral code, freebies, or even the possibility of rubbing elbows with the most amazing gaming lead working tirelessly to give you an incredible gaming experience!
Kaal, Shiba Inu’s tech wizard, in what seemed like a call to arms, requested the Shib Army’s participation in a survey. The goal: to showcase the community’s strength and successfully advocate for Shibarium’s listing on a website that tracks Layer-2 rollups.
It’s easy to bridge your token to Shibarium! Just fill out this form: [https://forms.zohopublic.com/shibportal/form/gfg/formperma/64_baM8UyCjtKOtaV1_IzT6GS-8a36_MES4RxmG5EpQ].
Remember to let us know in the “Additional Notes” whether you prefer the CCIP or POS route. Reach out to John Doe, Shibarium Engineering Manager, if you have questions.
