[ad_1] Nearly 100,000 transactions took place on August 31, data from blockchain explorers show, with a peak activity of 132,000 transactions on August 25. As of Friday, users can use shib (SHIB), bone (BONE), and other tokens on Shibarium to swap tokens, lend and borrow capital or stake tokens to earn rewards. [ad_2]
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[ad_1] As such, chief developer Shytoshi Kusama previously stated the team had put steps in place to prevent an outage from repeating. They added the team worked with Polygon blockchain developers to rectify any potential issues. Shibarium is a fork of Polygon, meaning it uses modified code that runs the latter. [ad_2]
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[ad_1] “Many in the tech world, inside and outside the blockchain ecosystem, are promising ‘everything apps’ and full user interactivity in the world of ideas, goods, services and other opportunities,” said Shiba Inu lead developer “Shytoshi Kusama” (a pseudonym), in a message to CoinDesk. [ad_2]
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[ad_1] The pattern is consistent with traditional markets where outsized gains in meme stocks relative to defensive plays are seen as a contrary indicator for the broader market. Bitcoin, the leading cryptocurrency by market value, has traded dead flat near $30,000 this month amid the SHIB rally, CoinDesk data show. [ad_2]
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