@beverly1
The second-largest meme coin in terms of market capitalization, SHIB, made the headlines due to its increasing adoption. The popular gaming platform The Sandbox revealed that it holds SHIB and other meme coins such as DOGE, PEPE, BONK, and more. Prior to that, SHIB made waves due to its burn rate, which exploded by over 12,000% on a 24-hour scale, and the resurgence of the layer-2 scaling solution Shibarium. The network, which aims to foster the development of Shiba Inu, witnessed a spike in new contracts and daily transactions.
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