Shibarium continues to make waves, frequently breaking various milestones. On February 19th, the daily trading volume surged to 3 million transactions, surpassing a total transaction count of 360 million. Currently, the wallet addresses have exceeded 1.3 million, and the total number of blocks has surpassed 3 million levels from earlier this month.
Introduced in August last year, Shibarium was designed to serve the needs of the Shiba Inu ecosystem, aiming to lower transaction fees and increase speed. Some experts claim that further development of Shiba Inu could have a positive impact on its price.
Despite the relatively small increase compared to other meme coins, Shiba Inu's recent uptrend has caught the recent positive sentiment in the crypto market. With a 10% increase over the past two weeks and a 3% increase monthly, it has changed the trend, benefiting 37% of holders at the current price.
Compared to last September, when nearly 90% of Shiba Inu investors were in distress, the Shiba Inu community remains committed to its favorite digital currency. As reported by B4Bit in December last year, Dogecoin, self-proclaimed as the "killer of Dogecoin," is the meme coin with the strongest supporter base.
