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Shibarium surpasses 14 million blocks, Shiba Inu removes another zero.
The Shiba Inu layer-2 network Shibarium has just reached a new milestone with over 14,027,952 blocks created, according to data from Shibariumscan. This number increased by more than 5,000 blocks in just a few days, after it was reported to be nearing the 14 million mark last weekend.
Other metrics of Shibarium also saw a slight increase: the total number of transactions reached 1.568 billion, the number of wallet addresses rose to 272.7 million, and daily transactions increased from 1,660 to 2,970.
Meanwhile, the price of Shiba Inu (SHIB) continues to recover strongly along with the overall increase of the crypto market, surpassing 0.00001007 USD, officially removing an additional zero. Bitcoin also rose above 106,000 USD, leading to a resurgence of altcoins, causing BTC's dominance rate to decrease to 59.2%.
If the upward trend continues, SHIB could target levels of 0.0000108 and 0.00001254 USD, while the 0.000008 USD zone will be the main support if selling pressure appears.