The Shiba Inu community is eagerly awaiting the launch of Shibarium, the project’s layer-2 blockchain. Recently, the number of Shiba Inu addresses hit a record high, surpassing 3.51 million, a 22% increase in the last week alone.
In May, there were 3.23 million addresses holding SHIB, indicating significant growth and interest in the project. The upcoming mainnet launch of Shibarium has generated excitement among SHIB holders and supporters.
Shiba Inu (SHIB) Team Embraces New Holders
The surge in the number of Shiba Inu addresses has excited cryptocurrency enthusiasts. The team behind the crypto asset acknowledged the rapid growth, expressing their delight on Twitter.
They announced that the number of SHIB holders has hit an all-time high, increasing by an impressive 22% in just one week. The team warmly welcomed all the new holders joining the community.
Additionally, the number of non-empty Shiba Inu wallets also reached a new peak. According to data from IntoTheBlock, there are now a staggering 1.24 million addresses holding SHIB, accounting for 35.3% of all Shiba Inu holders. The rising number of active wallets demonstrates the growing interest and participation in the Shiba Inu ecosystem.
Anticipated Shibarium Launch to Fuel Continued Growth
The increasing number of new Shiba Inu holders can be attributed to various factors. However, the most significant driver of growth is the upcoming launch of Shibarium.
Shibarium is a layer-2 blockchain designed to tackle the scalability challenges that the Shiba Inu network has faced previously. By addressing these issues, Shibarium is expected to make the network more appealing to developers and users.
This, in turn, is likely to lead to a further surge in the number of addresses holding SHIB. As the network becomes more efficient and user-friendly, more people are drawn to join the Shiba Inu community and become holders of the cryptocurrency.
Shytoshi Kusama, the lead developer of Shibarium, has dropped hints that the mainnet launch might happen around mid-August. If this prediction holds true, it could significantly impact the price of Shiba Inu.
The Shiba Inu community is buzzing with excitement as the number of SHIB addresses has reached an all-time high. Everyone is eagerly anticipating the launch of Shibarium, which is a crucial event for the project.
This milestone has the potential to attract more holders and drive further growth in both the number of addresses and the price of SHIB. As the mainnet launch draws closer, the cryptocurrency’s value and popularity are likely to see positive momentum.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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