Shiba Inu’s Shibarium Ranks in Top 5 on NOWNodes Network

The Shiba Inu ecosystem’s blockchain, Shibarium, recently achieved a significant milestone, becoming one of the top five most active networks on NOWNodes, a leading blockchain node provider. This development marks a notable advancement in the cryptocurrency sphere, highlighting the growing prominence of Shibarium within the industry.

Shiba Inu’s Shibarium Boosts NOWNodes Capacity

NOWNodes, recognizing the escalating use of Shibarium, has announced plans to scale its capacity. The increased activity on Shibarium has led to heightened requests and calls, prompting NOWNodes to boost the capacities for Shibarium RPC Node utilizations. This step aims to accommodate more requests and integrate larger-volume partners, ensuring seamless service as the network’s popularity surges.

Shibarium has rapidly climbed the ranks on NOWNodes, just two months following the deployment of its remote procedure call (RPC) node. The introduction of the Shibarium RPC Full Node in September opened many opportunities for blockchain developers. These professionals can now easily incorporate Shiba Inu RPC nodes into their crypto projects, enhancing infrastructure and completing node maintenance swiftly.

Moreover, after integrating Shibarium, NOWNodes has also added Shibarium Tech Suite bots to its offerings. These bots, including Sniper Bot, Live Pairing Bot, Trending Bot, and Buy Bot, are designed to augment the capabilities of automated DeFi tools.

Shibburn Reports Huge Surge in SHIB

The Shiba Inu community has actively engaged with the platform, demonstrated by a remarkable increase in the SHIB burn rate. The Shibburn tracking platform reported a 1,382.91% surge in the burn rate, with 106,241,658 SHIB meme coins removed from circulation. This activity primarily occurred in a single transfer of 100,000,000 Shiba Inu, reflecting the community’s commitment to the network’s growth and stability.

Additionally, in October, NOWNodes announced its collaboration with 0xShibarium AI, further expanding its integration within the Shibarium ecosystem. This partnership underscores the node provider’s dedication to supporting the Shiba Inu-focused blockchain’s expansion and enhancing its overall functionality.

Read Also: Shiba Inu Price Prediction As Token Burn Rate Surges 10x, Is SHIB Moving To $0.00001?

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Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.