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MainNews1 Billion an...

1 Billion and Counting: Shiba Inu’s Shibarium Reaches a Major Milestone


Apr, 01, 2025
2 min read
by Dimitar Dzhondzhorov
for CryptoPotato

TL;DR

  • Shibarium has surpassed one billion total transactions, drawing praise from key team members for the community’s contribution.
  • The milestone coincides with SHIB’s resurgence, whose price has spiked by more than 5% on a daily scale.

The Huge Achievement

While Shibarium (Shiba Inu’s layer-2 scaling solution) stalled its activity at the beginning of March, it witnessed a significant revival lately. In the last several days, the processed daily transactions were in the millions, thus boosting the number of total transactions beyond the milestone of one billion. 

Prominent Shiba Inu team members noted the achievement, expressing gratitude to everyone who contributed. LUCIE – Shibarium’s marketing strategist – was among those:

Shibarium is specifically designed to enhance the Shiba Inu ecosystem. It aims to improve transaction speed and costs, expand utility, and incorporate a token-burning mechanism. As such, some industry participants believe the protocol’s further development could have a positive influence on the SHIB price.

Earlier this year, the popular Bitcoin advocate Jeremie Davinci envisioned a remarkable rally for Shiba Inu if Shibarium’s adoption picks up:

“I like Shiba Inu, as you know, and I think it will do relatively well in this cycle, but it may not go as high as you expect. I think Shiba Inu has a lot of utility now that they have Shibarium, and basically, it’s a chain that you can actually run all kinds of applications.

However, nobody is using it, and there are no applications for using your tokens on Shibarium yet. If they get that solved, Shiba Inu will go to the moon.”

SHIB Enters Green Territory

Shibarium’s latest milestone aligns with a significant resurgence for Shiba Inu, whose price has jumped by 5.5% daily while its market capitalization surged past $7.5 billion. Thus, the asset solidified its presence in the top 20 club and is, in fact, the best performer on that list today (April 1). 

SHIB Price
SHIB Price, Source: CoinGecko

Meanwhile, SHIB’s exchange netflow in the past week suggests the bullish momentum could reign a bit longer. According to CryptoQuant’s data, more tokens have been withdrawn from centralized platforms than deposited, signaling that investors are moving their assets to self-custody. This trend typically reduces the immediate selling pressure.

The post 1 Billion and Counting: Shiba Inu’s Shibarium Reaches a Major Milestone appeared first on CryptoPotato.

Read the article at CryptoPotato

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MainNewsDon’t Fall F...

Don’t Fall For It: Saylor Still Buying BTC Despite Fake $100K Quote Prank


Apr, 01, 2025
< 1 min read
by Ikemefula Aruogu
for CoinEdition
Strategy's $1.9B BTC Buy Answers Fake Saylor Quote Prank
  • Fake Saylor quote (“BTC never $100k”) found out was April Fool’s prank
  • Reality: Saylor bullish; Strategy bought 22k more BTC (total now 528k+)
  • BTC trades ~$83k, analysts still see potential rally towards $150k EOY

A crypto personality on X (formerly Twitter), known for industry updates, posted a surprise quote early Tuesday attributed simply to “Saylor.” Most readers initially assumed this referred to the renowned Strategy founder Michael Saylor. The widely circulated quote claimed Saylor stated Bitcoin (BTC) will never reach $100,000 again.

Considering the timing – April 1st, marking the start of Q2 – the post triggered notable curiosity and some brief panic within the crypto community. This reaction was amplified by recent bearish price pressure on Bitcoin. The original poster offered no immediate context for the supposed prediction, increasing follower speculation.

Related: Saylor’s Relentless Strategy: Buys $1.9B More Bitcoin, Now Holds 2.5% of All BTC

However, community members quickly realized the likely joke. Several remembered the date’s signific…

The post Don’t Fall For It: Saylor Still Buying BTC Despite Fake $100K Quote Prank appeared first on Coin Edition.

Read the article at CoinEdition

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Anthony Pompliano weighed in on the market turmoil Monday, arguing President Trump’s ...
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