Shiba Inu (SHIB) Team Reveals Key Reason Behind Shibarium's Future Success

The Shiba Inu (SHIB) team attributes Shibarium's future success to strategic collaborations and its expanding usability.

Collaborations Drive Shibarium's Expansion

Lucie, the Shiba Inu team's official marketing specialist and a well-known figure in the cryptocurrency industry, recently tweeted some thoughts on the economics of cryptocurrency and SHIB specifically.

Lucie, who does not want her last name revealed, did, however, divulge a great deal about her background, including her schooling, employment history, entry point into the cryptocurrency business, and her time spent working with the Shiba Inu team. She moved her holdings from Bitcoin, Ethereum, and XRP to SHIB.

According to Lucie, the SHIB ecosystem has been seeing rapid growth. "A steady inflow of collaborations and partners" is the catalyst for this. She emphasized that the expansion of the Shiba Inu ecosystem could not occur without these new collaborations, which U.Today shares.

Usability and Continuous Expansion of Shibarium

Lucie also stated that the usability and continuous expansion of Shibarium are highly crucial factors in its growth and future success.

Whether they're new tokens, swaps, services, NFT collections, etc., the more projects that use this layer-2 SHIB solution, the better and higher its use goes.

Lucie conceded that the SHIB team should back any initiative that uses Shibarium. She did note, though, that this does lessen the SHIB team's backing of the Shiba Inu token.

Hence, she emphasized the importance of keeping this in mind while deciding how to allocate resources.

Shibarium Achieves Significant Milestones

The long-awaited 6,000,000 block milestone was just exceeded by layer-2 solution Shibarium. Despite the recent volatility in the cryptocurrency market, this peak was nonetheless achieved.

There has been a significant uptick in Shibarium's daily transaction count recently, with the statistic soaring nearly fourfold to 8,630 on Aug. 1 from 2,570 on July 30.

There was a careful examination of the daily transfer count on July 3 (9,370) and July 17 (8,390). The total number of transactions has also reached a significant milestone, having just crossed 418,000,000.

The SHIB community has successfully sold 6,983,597 SHIB tokens in the past 24 hours, according to data supplied by the Shibburn platform.

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