- Lucie reassures the Shiba Inu community, claiming all Shibarium tokens are supported by strong technology and continuous development.
- SHIB recovers by 4% after an 8.2% market drop earlier in the week, showing resilience despite market volatility.
- The daily transaction volume on the Shibarium blockchain decreases while the total transaction number reaches 1 billion along with 23.5 million connected wallets.
Shiba Inu’s marketing lead Lucie has reassured the SHIB community that SHIB together with BONE, LEASH, and other tokens represent a promising future for the SHIB community. Her most recent statement on X network (formerly Twitter) reaches the market during an unpredictable period of changing prices.
Security reassurance from Lucie comes through her confirmation that the tokens depend on robust technological infrastructure and organizational development together with their strong community base.
Technology and Community Backbone
Lucie explained that the Shibarium blockchain serves as fundamental technology behind the Shiba Inu ecosystem which supports all tokens in the system. The infrastructure supports market stability through its fundamental components.
According to her, the recent market downturns resemble regular patterns in crypto which the Shiba Inu team has prepared to respond to future market growth. Her message provided absolute certainty that every token in our possession will thrive and increase in value.
SHIB has been experiencing price volatility in recent days. The token demonstrated rebounding behavior after an 8.2% drop this week as it rose by 4% during the previous day. SHIB is currently trading at $0.00001542. The token faced approximately a 13% loss between Friday and Monday but a strong community response led to its recent recovery.
Shibarium Blockchain Faces Decline in Transaction Volume
The Shiba Inu token made a price recovery yet the Shibarium layer-2 blockchain network experienced a substantial decrease in its daily transaction activity. Shibarium blockchain processed 4.64 million daily transactions during mid-February but transaction numbers decreased to 90,000 when measured on February 17.
On February 18 the current daily Shibarium network transaction count reached 54,640 which represents an almost 98% reduction from previous rates. Shibarium is approaching a major transaction milestone because it has reached 956 million transactions before hitting 1 billion. Shibarium maintains ongoing interest from users because its wallet count has reached more than 23.5 million.
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