Shiba Inu’s Shibarium has experienced an unprecedented surge in network activity, skyrocketing by 375% overnight. This surge coincides with a significant increase in the price of Shiba Inu (SHIB) tokens, which have seen an 8% rise in just five days after a period of low volatility. The SHIB token is currently valued at $0.0000095, just over 5% away from the $0.00001 mark. The excitement surrounding these developments has brought renewed attention to meme-inspired cryptocurrencies. While it is uncertain whether Shibarium’s surge in transaction activity will continue alongside the SHIB price rally, all eyes are on Shiba Inu in the days to come.
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