Welcome to your sunny corner in the Shiba Inu Ecosystem! Things are looking up a little bit, and we’re here to highlight some uplifting trends and exciting updates from this vibrant space over the past week.
We’re kicking off this section with some exciting news for Shibizens! Over the past week, BONE’s price jumped nearly 12%. When BONE traded at $0.2765 on Tuesday, its 24-hour trading volume also reached $5.16 million. This is a 24.54% increase from the previous week. The Shib Daily reported that BONE whales—those with holdings exceeding $100,000—control roughly half of the total supply.
Credit: CoinMarketCap
Speaking of whales, data from IntoTheBlock recently revealed a 95.91% increase in large transactions. This suggests that whales may be accumulating or offloading tokens, which consequently leads to speculation about an impending price shift.
Credit: CoinMarketCap
SHIBARIUM
Shibarium’s statistics as shown in this report reveal a consistently growing layer 2 blockchain environment. As of Wednesday, the number of completed transactions has increased exponentially from 1.044 million in our last report to 1.078 billion—a mind-boggling increase of over 100%.
Total addresses created on the chain have grown modestly from 197.27 million to 198.714 million, while the number of total contracts rose to 28.174 thousand from 27.989 thousand as noted in our last report.
BONE transfers have seen a moderate increase of about 3.8%, from 2.121 million to 2.2 million. The number of overall user accounts currently stands at 254.83 thousand, representing a growth of about 1.98% in comparison to data in the previous report.
SHIBA INU ECOSYSTEM TOKENS
As of 6:27 a.m. ET on Wednesday, SHIB has experienced a positive shift, with its price climbing 9.08% to $0.00001363, illustrating renewed momentum among traders.
The token’s 24-hour trading volume saw a 108.88 surge%, reaching $309.93 million, which indicates a surge in trading activity and interest.
The market cap also increased by 9.48% to $8.03 billion, emphasizing SHIB’s vital role in fueling the ecosystem’s expansion.
Data recorded for Shiba Inu Treat (TREAT) as of 6:28 a.m. ET on Wednesday indicates a remarkable rise in the token’s value. It traded at $0.003530, a 9.60% increase within a 24-hour period.
Meanwhile, the trading volume surged by 14.73% to $2.86 million, indicating that more participants are actively exchanging TREAT.
The market capitalization also expanded by 9.60% to $3.21 million, which reflects a broader recognition of its utility within the Shib ecosystem.
As of 6:28 a.m. ET on Wednesday, Bone ShibaSwap (BONE) experienced notable gains across multiple metrics: its price has increased by 15.61% to $0.3196, while the 24-hour trading volume rose to $8.4 million—a massive 59.29% increase.
Furthermore, the market cap has grown by 15.61% to $73.49 million, indicating a broader investor confidence in BONE’s importance within the Shiba Inu ecosystem.
Monday morning recorded remarkable growth for Doge Killer (LEASH) in terms of price and market cap. LEASH traded at $161.17 at 6:29 a.m. ET on Wednesday, reflecting a 18.25% increase from the previous day.
The significant increase in market cap to $17.14 million, matching the price rise, underscores LEASH’s growing prominence.
Its 24-hour trading volume of $1.62 million at the time of reporting, up by 2.54%, indicates active engagement and growing market confidence.
SHIB BURN
With an impressive 911,969,069 SHIB burned as of Wednesday, reflecting a 5.47% rise from last week, the Shib Army is demonstrating the transformative impact of community-driven token burns. By participating in the ShibTorch burn portal, holders can actively reduce the supply of $SHIB while championing participation in important efforts to drive the ecosystem forward.
Come together and take action—use the burn portal and contribute to the long-term value of our beloved token!
Wow, $SHIB recently hit an all-time high with over 1.5M wallets holding the token—proof that SHIB is stronger and more popular than ever!
Celebrate the incredible journey of Hachi, inspired by Japan’s most faithful and beloved pup, as you read its incredible story in the latest Shibarium Dev Spotlight feature! Click here to know more.
Another Shibarium Dev Spotlight feature: the Shups Ecosystem! Don’t forget to read about how they’re transforming engagement with their unique lottery, focus on authentic art and charity, and their active participation in Shibarium’s development.
All four Shiba Inu ecosystem tokens are now available on CoinRabbit! You can now manage your Shib assets on the platform—it’s safe and easy.
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— Anndy Lian
