Shibarium Prepares for 400 Million Transactions with the First Listing of SHEboshi

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The inaugural listing of SHEboshi marks a significant step as Shibarium approaches the 400 million transaction mark, driven by the Shiba Inu team’s efforts.

Shiba Inu’s layer 2 network, Shibarium, is generating significant buzz in the crypto world. Recent on-chain data shows a notable surge in total transactions, nearing 400 million.

This spike has caught the attention of both crypto traders and investors, particularly with the Shiba Inu community unveiling a series of upgrades for Shibarium.

Shibarium Approaches the 400 Million Transaction Milestone
Adding to the positive outlook surrounding Shibarium, recent data from DeFiLlama indicates that the network has been nearing the $1 million milestone in Total Value Locked (TVL).

These advancements closely align with the Shiba Inu community’s initiatives to enrich the token’s ecosystem, such as the forthcoming launch of SHEboshi, Shiboshi Utility, and KNINE.

Furthermore, this development follows CoinW’s announcement of listing SHEboshi, marking its first exchange listing. Currently, Shibarium’s TVL stands at $970.463, with total transactions approaching $374.03 million.

Additionally, the daily transaction volume reaches $2.78 million. Meanwhile, the excitement surrounding KNINE and SHEB remains strong as the Shiba Inu community prepares to embrace these investment opportunities.

The recent CoinW listing has further fueled optimism, with the community anticipating additional crypto exchange listings for Shiba Inu’s SHEboshi.
The Premiere of SHEboshi on CoinW
In the midst of Shibarium’s rising achievements, Shiba Inu’s official X account highlighted a notable milestone reached by SHEboshi.

SHEboshi, a distinctive DN404 token blending features from both ERC-20 and ERC-721 standards on the Ethereum network, swiftly secured its debut exchange listing within less than 24 hours after its complete sale.

Remarkably, CoinW, a crypto platform based in Dubai, became the first to list the token on Friday at 13:00 (UTC), offering it under the trading pair SHEB/USDT within CoinW’s MEME & NFT arena.

Although SHEB trading commenced yesterday, deposits and withdrawals of the token were temporarily suspended until today, February 24, 2024, at 6:00 a.m. UTC.