tl;dr
Kusama and Dhairya Address SHIB Army Both Kusama and Dhairya, leaders in the SHIB community, have addressed the SHIB army with encouraging tweets as the meme coin surged by 38.87%. Additionally, Shibarium, the Layer-2 network built by the SHIB team, has reached a significant milestone, with over 390...
Kusama and Dhairya Address SHIB Army
Both Kusama and Dhairya, leaders in the SHIB community, have addressed the SHIB army with encouraging tweets as the meme coin surged by 38.87%. Additionally, Shibarium, the Layer-2 network built by the SHIB team, has reached a significant milestone, with over 390 million overall transactions. Meanwhile, a petition urging Grayscale to launch a Shiba Inu-based exchange-traded fund has garnered over 3,000 votes, nearing its goal of 5,000.
Kusama and Dhairya have published animated GIFs to send the SHIB community an encouraging call. The enthusiasm-provoking tweets come as the SHIB meme coin has printed an astounding surge of 38.87% today. This popular meme crypto has experienced a mind-blowing increase of 71.53% over the last 24 hours and 125.51% over the past week. SHIB has been following the recent Bitcoin rise, which skyrocketed to top the $64,000 level earlier this week amid increasing BTC purchases made by spot Bitcoin ETF providers.
According to data provided by the Shibariumscan explorer, the Layer-2 network built by the SHIB team on Ethereum has reached a massive utility milestone. Its overall transaction count has surpassed the 390 million level, now sitting at 390,852,737. As for the daily transaction level, it continues to move in the 2.5 million range, occasionally rising and falling. This is a 2x decline since Feb. 20 and 22 when this metric reached a peak of 4.21 million and 3.93 million daily transfers.
Earlier this week, the SHIB community set up a petition on the change.org platform urging Grayscale to launch a Shiba Inu-based exchange-traded fund. Within the past week, this document has gathered 3,120 votes, leading it to the first goal of 5,000 votes. Grayscale is one of the companies that have recently launched a Bitcoin ETF, converting its Bitcoin Trust into a spot BTC fund that tracks the Bitcoin price and allows investors to profit from its movements.
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