CandleFocus Shiba Inu (SHIB) Network in Question as Massive Shibarium Activity Raises Doubts
2024-10-25
Author: Content Editor
The Shibarium blockchain, associated with the meme-inspired cryptocurrency Shiba Inu (SHIB), has recently experienced a surge in activity with significant increases in transaction volume and the use of BONE tokens as gas. However, the authenticity of this activity is questionable, as the number of active accounts has decreased dramatically despite the spike in transaction numbers. The cause of these anomalous spikes and millions of transactions remains a mystery, and doubts are cast on the legitimacy of the activity on this layer 2 blockchain.
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