The last Shibarium teacher failed to stop Shib Noseedive: Details

TL; D

• The L2 Blockchain solution hit a new goal, but the price of Shayb decreased by 13 % on a daily scale.
• Low burn rates and the elephants of Netlows are hinting to the increase in the sale of the MEME, which raises fears from the additional downside despite the features of the last ecosystem.

Shayb is very bleed despite the latest achievements

Latest data He appears That the total number of blocks added to solving the Shayba Ein 2 layer has exceeded the psychological level of 10 million. Not so long ago, Total transactions processed on the protocol They exceeded one billion.

SHIBARIUM, which was launched in August 2023, is specially designed to enhance the development of Meme by reducing transactions costs, improving speed, and enhancing expansion. As such, some analysts have before OPINED Its additional progress can positively affect the evaluation of Shaib.

However, the latest teacher has not been able to prevent evaluation from collapse in the past few hours. The second largest Mimi currency fell to about 0.00001053, which is its lowest point in More than a year.

The sharp decline is widely collapsed in the encryption market, which Get As a result of the global trade war between the United States of America and the rest of the world. Bitcoin (BTC) briefly decreased to less than 75,000 dollars, ETHEREUM (ETH) that precedes less than $ 1500, and many known Altcoins are known for double numbers in the past 24 hours.

More pain in the future?

It is still unclear how the trade war will play in the near future, but the panic and uncertainty it caused may have another negative impact on the cryptocurrency sector.

The mechanism of burning Sheba Ino and the exchange of assets Netflow can also It negatively affects Mimi currency in the short term. The burning rate Decline About 85 % last week, Which led to Only 180 million icons It is destroyed.

The ultimate goal of the program is to reduce the SHIB supplies and make it more valuable through scarcity. During the past few years, the amount of symbols sender To an empty address exceeding 410 trillion. However, the remaining blood circulation is about 584.3 trillion, which is a very large number.

For its part, Shayb exchange Netflow It was positive in most days during the past week, indicating a self -transformation towards the central platforms. this It can lead to increased pressure pressure.