Shibarium Surpasses 1M Wallets as No Project on Shibarium Can Replicate Shiba Inu

Shibarium Surpasses 1M Wallets as No Project on Shibarium Can Replicate Shiba Inu

Time Stamp: September 2, 2023 5:11 AM

Shiba Inu Team Unveils Comprehensive Guidelines for Shibarium Projects Amidst One Million Wallet Milestone.

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The Shiba Inu team has released new guidelines for tokens and projects that want to operate on Shibarium. The announcement comes as the platform reaches one million wallets.

The Shiba Inu team has issued essential guidelines for projects and tokens seeking to build on Shibarium.

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Archangel, the Shibarium Tech telegram group admin, recently confirmed that numerous successful tokens have joined the network. While the doors are open for all kinds of projects or tokens to build on the Shibarium L2 network, they must strictly adhere to these guidelines for smooth operations.

In a recent telegram chat, Archangel emphasized that the “freedom of reach” to promote tokens via SHIB-moderated channels is not guaranteed.

  1. The tokens launched with the name of or reference to Shiba Inu core tokens in the ticker or name will face an automatic ban from all channels. This includes, but is not limited to, token names such as SHIB, LEASH, BONE, TREAT, and SHI.
  2. Furthermore, the tokens launched with offensive or inappropriate slurs or language in their ticker or name will be subject to automatic bans across all channels.

Shibarium Stats

Shibarium, the Layer 2 protocol of the Shiba Inu network, has witnessed a remarkable surge in adoption, with the Shiba Inu blockchain now boasting over 1 million wallets.

The latest data from Shibariumscan.io, a blockchain explorer, reveals phenomenal growth within the Shibarium network, which now accommodates over 1,005,384 (1 million) wallets.

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Shiarium Statistics

Shiarium Statistics

Shiarium Statistics

Beyond the surge in wallet numbers, Shibarium has also recorded an impressive volume of transactions. The network has processed over 757,624 transactions. This underscores its immense utility since its launch.

Moreover, Node validators processed 417,279 blocks with a swift 5.0-second average per block.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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