Once again, the mighty Shiba Inu layer, Shibarium, has taken a nosedive, tumbling by 54%. It’s like watching a squirrel slip on a banana peel-unexpected, chaotic, and a bit funny in its tragic way.
According to that great oracle, Shibariumscan, transactions plummeted from 7,620 to a measly 3,490-less than a decent-sized crowd at a gossip-filled dinner party. Guess October wasn’t kind either; low traffic has become the theme, like a ghost town in a ghost story.
Remember when it hit 7,620 transactions on November 13? Ah, those were the days-nostalgic for a brief moment before reality smacked us again.
Since late October, the daily transaction count swings wildly between 1,500 and 4,440-like a drunkard staggering home after a night out, confused and unsteady. Interest? What interest? Looks like everyone’s too busy watching their crypto’s funeral procession.
What’s happening? 🤔
The decline in excitement coincides with the broader market chaos-an $19 billion liquidation circus that had traders crying into their despair like forlorn poets. An October 10 flash crash wiped out over a trillion dollars’ worth of dreams, and still, some folks wonder why no one’s in the mood to dance anymore.
Recently, $1.28 billion in liquidations evaporated as liquidity dried up faster than a rainstorm in the desert-Bitcoin and altcoins took a nosedive, leaving behind a trail of broken hopes and bruised egos.
Shiba Inu seems to think it’s a roller coaster-dropping as low as $0.00000885 before rallying a tiny 0.63% in a desperate attempt to fool us into thinking it’s alive. The market’s just buying the dip, like a penny pincher grabbing change off the street.
Meanwhile, Shibarium has crushed through 14 million blocks-because nothing says “stability” like a never-ending pile of numbers. Total transactions? Over 1.5 billion. Addresses? Nearly 273 million. Numbers that remind us that even in chaos, humans love counting their failures.
Burn, baby, burn! 🔥🔥
Oh, the glorious burn rate! Over 812 million SHIB tokens went up in flames in a week-almost as if the token’s trying to make a dramatic exit from circulation, raising the burn rate by a staggering 2,405%. Who knew destruction could be so statistical?
In just one day, 4.25 million tokens went to the great crypto beyond, adding to the fiery spectacle, with total supply now at a mind-boggling 589 quadrillion SHIB. Yep, over 410 trillion tokens have been snuffed out-like burning billions of fakes in a pyre of hope.
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2025-11-15 19:02