Shibarium Loses 96% Of Its Transactions, A Disaster For The Meme Crypto


8h05 ▪
4
min read ▪ by
Mikaia A.

The wind is turning for Shiba Inu enthusiasts. Not only is their favorite meme crypto plummeting in the rankings of digital assets, but other key indicators are also worrying. After a price drop, it is now Shibarium, the project’s blockchain, that is collapsing in terms of activity. Within just a few days, the daily transaction volume has fallen by 96%. What is happening within the Shiba Inu ecosystem?

Shiba Inu sitting on a pile of cryptos threatened by a bearShiba Inu sitting on a pile of cryptos threatened by a bear

Shibarium in distress: a shaken confidence

The Shibarium blockchain, intended to boost the use of SHIB, is going through a storm. According to ShibariumScan, the number…

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