Shibarium processed 2,438 transactions on October 9, after 970 the day before. Several crypto outlets turned that into a gain of 151 percent and spoke of a recovery for the Shiba Inu chain. One day later the same statistic shows 1,142 transactions. The recovery therefore held for exactly 24 hours.
This article takes the figures behind the story and checks the arithmetic. All network values come from our own query of the Shibariumscan API on the evening of October 11. The price of Shiba Inu stood at $0.00000549 at the same moment, 0.12 percent above the previous day and 5.58 percent down over seven days.
What actually happened on Shibarium: 5,711, then 970, then 2,438, then 1,142
The series of daily transactions gives a different picture from the snapshot of October 9. On October 6 Shibarium processed 5,711 transactions, the highest reading since the start of September. October 7 brought 1,323, October 8 brought 970, October 9 then 2,438 again and October 10 brought 1,142. The jump the 151 percent refers to starts from one of the weakest days of the ...
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