Shiba Inu Reaches Milestone with Over 1.84 Million Addresses on Ethereum and Shibarium

Shiba Inu has reached a new milestone in its crypto ecosystem, surpassing 1.84 million addresses on Ethereum and Shibarium.

The total number of addresses is a combination of those on both networks, with Ethereum accounting for nearly 1.69 million addresses holding SHIB.

This growth in addresses is significant, but it's essential to note that having multiple addresses does not necessarily mean the same person or entity controls them.

Shibarium, which provides a second infrastructure for transfers and applications, has seen irregular activity lately, with daily transactions increasing from 786 on September 6 to 1,750 on September 8, a 122% rise. However, ShibariumScan explorer was reindexing at the time, casting some doubt on the accuracy of these statistics.

Shiba Inu's price has not yet reflected this growth in addresses, with the token currently trading around $0.00000539, still far from its former levels.