Cryptocurrency Daily Thefoxposts.com

Shibarium, the Layer 2 scaling solution central to the Shiba Inu cryptocurrency ecosystem, has experienced a significant uptick in user engagement, with a 254% increase in new account activity within just three days.  According to data from Shibarium scan, this surge in interest has pushed the total number of new accounts from 24 on Feb. 1 to 61 on Feb. 3, indicating growing demand for Shibarium’s offerings. The increased activity on the Shibarium platform is indicative of its growing usage, with 1.35 million wallet addresses now recorded and an average daily transaction volume of 2.46 million being managed. The platform’s technical specifications, including a block time of approximately 5 seconds and minimal gas fees, highlight its capacity to handle a high volume of transaction s efficiently while keeping user costs low. Meanwhile, Shibarium has also crossed another milestone by surpassing three million blocks, a testament to its robust architecture and the inc...

Although the cryptocurrency market has turned red, with Dogecoin (DOGE) being no exception, the famous dog-themed cryptocurrency has reached a significant milestone in the number of crypto wallets holding it, in addition to a remarkable surge in its user activity. Specifically, Dogecoin recently saw a massive increase in the total number of its addresses with a balance , culminating with 5.02 million , according to the most recent chart information shared by the crypto market intelligence and analytics platform IntoTheBlock in an X post on November 27. Total DOGE addresses. Source: IntoTheBlock On top of that, the platform’s team noted that this milestone coincided with an exceptional surge in Dogecoin’s daily user activity, recording around 168,500 active addresses on November 26, which represents the highest engagement in 20 months, or since March 2022, according to the chart. Daily active DOGE addresses. Source: IntoTheBlock Meanwhile, the sudden increase in activity coul...