Shiba Inu Sees 115% Rise in New Addresses as "Summer of Shibarium" Begins

07/22 11:55

New addresses on the Shiba Inu network have increased by over 115% in the past seven days, according to data from IntoTheBlock. This surge in new addresses is often a sign of new money entering the crypto asset and could indicate optimism or FOMO. The increase in new addresses is likely due to the announcement of the "summer of Shibarium" by the official Shiba Inu development team, which promises exciting developments for the ecosystem. Additionally, the recent listing of the Shibarium gas token, BONE, on Changelly has contributed to the ecosystem's growth.

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