The Shiba Inu [SHIB] ecosystem was making headlines following its price rise with the rest of the market. However, the meme coin has succumbed to the inherently volatile nature of the ecosystem and has been experiencing serious dips at the moment. At press time, SHIB was trading at $0.00002693 with a 3.63% daily drop. Throughout the last 30 days, the asset has dipped by nearly 20%. However, on the bright side, the network has reached a prominent milestone by surpassing 4 million total addresses.
According to IntoTheBlock, the total addresses encompass all addresses that have ever held the meme coin. This includes both current as well as former holders. This sudden spike in the total addresses serves as a testament to the rising interest as well as the adoption of Shiba Inu. It should be noted that currently there are a total of 1.3 million addresses holding a balance.
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The Shiba Inu community is known for its loyalty to the meme coin. The network boasts itself as a prominent community-driven project. The latest milestone further lays the groundwork for expansion along with innovation within the SHIB community. The network will likely explore new avenues as well as opportunities concerning adoption.
Bybit to Boost Shiba Inu Adoption
In other news, Shiba Inu is set to see a rise in adoption as a prominent cryptocurrency exchange Bybit announced the integration of Google Pay for its global user base. Through this, SHIB investors can seamlessly make purchases of the meme coin along with other supported assets. This process will not only ease the purchase of cryptocurrency for existing users but will also be welcoming to individuals looking to enter the market.
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Google Pay is compatible with over 35 different currencies. This wide range of supported currencies provides users with increased flexibility and accessibility, allowing them to purchase cryptocurrencies using their preferred currency seamlessly.