- Nansen recorded that more than $56 million in SHIB tokens flowed into 12,000 new wallets.
- Excitement surrounding the launch of Shibarium is increasing.
- SHIB saw a 0.15% increase in price over the last 24 hours.
The blockchain analytics platform Nansen recently revealed data that indicates that the most popular non-stablecoin digital asset for newly funded crypto wallets over the last seven days was Shiba Inu (SHIB).
Over this period, Nansen recorded that more than $56 million in SHIB tokens flowed into about 12,000 new wallets. Nansen stated that the ERC-20 token was the most common crypto, other than stablecoins, to appear in these balances.
This news comes despite the fact that SHIB experiences a bit of a correction over the past week, in line with the rest of the market and despite the fact that many falsely believe that Binance delisted SHIB. The crypto exchange merely delisted certain trading pairs that included SHIB.
Adding to the excitement surrounding the meme coin is the highly anticipated launch of the recently announced Shibarium, an Ethereum layer-2 ecosystem for launching decentralized apps using SHIB as a native token.
According to CoinMarketCap, SHIB is currently in the green for today. The meme coin saw a 0.15% increase in price over the last 24 hours and now trades at about $0.00001207. SHIB also reached a high of $0.0000246 and a low of $0.00001171 over the same time period.
SHIB’s weekly performance is also still looking good as the crypto is still up by more than 15% over the last seven days. The meme coin’s 24-hour reading volume, however, is currently in the red zone and stands at $392,441,110 after a 0.74% decrease since yesterday. SHIB’s market cap stands at $6,617,839,459 at press time.
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