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Shibarium Surpasses 100,000 Wallets After Relaunch, SHIB Price Increases

Shibarium, a layer-2 blockchain for Shiba Inu, has exceeded 100,000 wallets on its platform, with 35,000 added within 24 hours of its relaunch on August 28th. The lead developer and co-founder of Shiba Inu, Shytoshi Kusama, confirmed the relaunch and noted that Shibarium had 65,000 wallets across 350,000 transactions.

However, those numbers have since increased by 55.8% and 20.2%, respectively, according to Shiariumscan.io. The relaunch of Shibarium has resulted in a 3.6% increase in SHIB's price to $0.00000825 over the last 24 hours, according to CoinGecko.

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