Shibarium Reaches 200 Million Wallet Addresses: A New Milestone for Shiba Inu

The L2 blockchain solution, Shibarium, has made a significant milestone, exceeding 200 million wallet addresses since its launch. This comes as SHIB prices remain down 3% today despite the success of the scaling solution. While experts are optimistic about the long-term potential of Shiba Inu and its use in applications through Shibarium, short-term factors like weak token burns and increased exchange inflows suggest a continued price decline might occur.