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Shiba Inu On-Chain Sending Addresses Surge Over 200% in 24 Hours

Shiba Inu (SHIB) network records a sharp rise in active sending addresses, indicating heightened transaction activity.

SHIB

Summary

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Terms & Concepts
  • On-Chain: Refers to transactions or activities recorded directly on a blockchain network and publicly verifiable.
  • Sending Address: A blockchain wallet address used to initiate cryptocurrency transfers or transactions.
  • Shiba Inu (SHIB): A meme-inspired cryptocurrency token built on the Ethereum blockchain.