Shibarium, the layer-two network of Shiba Inu, has seen its decentralized exchange (DEX) volume drop sharply by 97.46% over the past week, falling to just $1.81. This decline reflects the broader bearish trend in Shiba Inu's price and cautious investor sentiment. Despite the volume drop, Shibarium's total value locked (TVL) has slightly increased by 0.13% to about $102,324, with WoofSwap Shibarium leading in liquidity. Analysts suggest that a recovery in the wider crypto market could revive interest and activity on Shibarium.
Shiba Inu saw a net exchange outflow of about 1.2 billion tokens in 24 hours, but this amount is too small relative to its massive total supply of nearly 1 quadrillion tokens to impact the price meaningfully. Exchange reserves remain high at 87.33 tr...
Bitway surged 13.6% to $0.3030, driven by anticipation of its upcoming network upgrade, boosting its market cap to $819.18 million. Meanwhile, Uniswap dropped 6.9% to $3.22, likely due to regulatory pressures in the DeFi sector. Other altcoins like I...
The official Shiba Inu (SHIB) X account exhibited unusual behavior by following a low-cap meme coin and posting a comment, prompting community concerns of a possible hack or security breach. A prominent community member warned investors to treat any ...
Shiba Inu has burned over 11 million SHIB tokens recently, marking the highest daily burn since late July and indicating renewed network activity after weeks of dormancy. This burn increased the total tokens removed from circulation in the past month...
Shibariumscan, the explorer for Shiba Inu's Layer-2 network Shibarium, reported a sharp drop in displayed transactions from 1.56 billion to about 475 million, a 69.55% decline. This decrease is due to incomplete indexing after a DNS and hosting chang...
