{"id":24622,"date":"2025-05-01T03:46:50","date_gmt":"2025-05-01T03:46:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24622"},"modified":"2025-05-01T03:46:50","modified_gmt":"2025-05-01T03:46:50","slug":"200000000-shiba-inus-shibarium-blasts-through-another-key-milestone","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24622","title":{"rendered":"200,000,000: Shiba Inu\u2019s Shibarium Blasts Through Another Key Milestone"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\"><strong>TL;DR<\/strong><br \/>\n<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">The L2 blockchain solution reached a fresh milestone, but SHIB\u2019s price is down 3% for the day. <\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Weak token burns and rising exchange inflows indicate that the pullback may intensify in the short term.<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Shibarium_CB-2.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-394470\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Shibarium_CB-2.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Shibarium_CB-2.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Shibarium_CB-2-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Shibarium_CB-2-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Shibarium_CB-2-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Shibarium_CB-2-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Hitting Another Target<\/h2>\n<p><span data-preserver-spaces=\"true\">Shiba Inu (SHIB) remains one of the most popular crypto projects<\/span><span data-preserver-spaces=\"true\">, which in<\/span><span data-preserver-spaces=\"true\"> recent years evolved from a meme coin to a complex ecosystem.<\/span><span data-preserver-spaces=\"true\"> One of its features is the layer-2 scaling solution Shibarium, which aims to reduce transaction fees, improve speed, and enhance scalability.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It officially <\/span><a href=\"https:\/\/cryptopotato.com\/shiba-inus-shibarium-officially-live-but-shib-price-suffers\/\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">saw the light of day<\/span><\/a><span data-preserver-spaces=\"true\"> in August 2023 and has made serious progress since then.<\/span><span data-preserver-spaces=\"true\"> Approximately a month ago, the <\/span><span data-preserver-spaces=\"true\">number of<\/span><span data-preserver-spaces=\"true\"> transactions <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/1-billion-and-counting-shiba-inus-shibarium-reaches-a-major-milestone\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">processed<\/span><\/a><span data-preserver-spaces=\"true\"> on Shibarium exceeded one billion. The figure currently stands at over 1.12 billion.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Earlier today (April 30), the protocol blasted through a new important milestone. <\/span><span data-preserver-spaces=\"true\">Specifically, the total number of wallet addresses <\/span><span data-preserver-spaces=\"true\">that have interacted<\/span><span data-preserver-spaces=\"true\"> with Shibarium since its launch <a href=\"https:\/\/www.shibariumscan.io\/?utm_source=chatgpt.com\" data-wpel-link=\"external\" target=\"_blank\">surpassed<\/a> 200 million.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The L2 blockchain solution has garnered the attention of multiple industry participants in the past months, some of whom believe SHIB\u2019s potential rally during this bull cycle depends heavily on it. An example is the popular Bitcoin advocate Jeremie Davinci, who <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/shiba-inu-shib-to-the-moon-but-under-this-crucial-condition-bitcoin-advocate-weighs-in\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">said<\/span><\/a><span data-preserver-spaces=\"true\">:<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cI like Shiba Inu, as you know, and\u00a0I think it will do relatively well in this cycle, but it may not go as high as you expect. I think Shiba Inu has a lot of utility now that they have Shibarium, and basically, it\u2019s a chain that you can\u00a0<\/span><span data-preserver-spaces=\"true\">actually<\/span><span data-preserver-spaces=\"true\"> run all kinds of applications.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, nobody is using it, and there are no applications for using your tokens on Shibarium yet. <\/span><span data-preserver-spaces=\"true\">If they <\/span><span data-preserver-spaces=\"true\">get that solved<\/span><span data-preserver-spaces=\"true\">, Shiba Inu will go to the moon.\u201d<\/span><\/p>\n<\/blockquote>\n<h2><span data-preserver-spaces=\"true\">SHIB Price Outlook<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Despite Shibarium\u2019s latest achievement, Shiba Inu remains in the red today, retreating by approximately 3% and currently trading at $0.00001323 (per CoinGecko\u2019s data).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Moreover, some factors suggest the pullback could deepen in the short term. For example, the token burn mechanism has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/shibburn\/status\/1917489140779590118\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">removed<\/span><\/a><span data-preserver-spaces=\"true\"> only a small amount of SHIB over the past week. Its <\/span><span data-preserver-spaces=\"true\">main<\/span><span data-preserver-spaces=\"true\"> purpose is to reduce the massive circulating supply, potentially increasing the token\u2019s value through scarcity. However, demand must head north \u2013 or, at the very least, not decline for this to have a real impact.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Shiba Inu\u2019s exchange netflow is also worth observing. In the past several days, inflows have <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptoquant.com\/asset\/shib\/chart\/exchange-flows\/exchange-netflow-total?exchange=all_exchange&amp;window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=column\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">surpassed<\/span><\/a><span data-preserver-spaces=\"true\"> outflows, hinting that investors have shifted toward centralized exchanges. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\">, in turn, increases the immediate selling pressure.<\/span><\/p>\n<figure id=\"attachment_394469\" aria-describedby=\"caption-attachment-394469\" style=\"width: 982px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/SHIB-Netflow.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-394469\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/SHIB-Netflow.png\" alt=\"SHIB Exchange Netflow\" width=\"982\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/SHIB-Netflow.png 1527w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/SHIB-Netflow-300x122.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/SHIB-Netflow-1024x417.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/SHIB-Netflow-768x313.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/SHIB-Netflow-50x20.png 50w\" sizes=\"auto, (max-width: 982px) 100vw, 982px\"><\/a><figcaption id=\"caption-attachment-394469\" class=\"wp-caption-text\">SHIB Exchange Netflow, Source: CryptoQuant<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/200000000-shiba-inus-shibarium-blasts-through-another-key-milestone\/\" rel=\"nofollow\">200,000,000: Shiba Inu\u2019s Shibarium Blasts Through Another Key Milestone<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR The L2 blockchain solution reached a fresh milestone, but SHIB\u2019s price is down 3% for the day. Weak token burns and rising exchange inflows indicate that the pullback may intensify in the short term. Hitting Another Target Shiba Inu (SHIB) remains one of the most popular crypto projects, which in recent years evolved from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24622","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24622"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24622\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}