In the wake of the Shibarium relaunch, the layer-2 scaling network solution has become one of the most talked about in the crypto space, considering its fast-growing adoption rate and other features that make it appear attractive.
Based on definitive findings, the Shibarium has already secured an estimated $1.42 million in locked assets. In addition, some projects have been established on the Shibarium platform. These projects include DogSwap, MARSWAP, WoofSwap, Woof Finance, Shibex, LeetSwap, BoneDex, and ChocoInu.
Read Also: As Shibarium Relaunches, ChatGPT Projects $0.1 Shiba Inu (SHIB) Price. Here’s the Timeline
At the time of reporting, data on shibariumscan.io revealed the total number of wallet addresses on the network technology to be 1,007,289 with 853,084 transactions. These figures are quite impressive considering the fact that the network technology has barely stayed for just a few days.
While the Shibarium might seem attractive for potential investors to delve into, it is crucial to tread cautiously to avoid making mistakes that could amount to significant losses in the long run.
Given the above, the Shiba Inu team has been working to ensure that users avoid getting scammed. One of these efforts involves making sure that no project on Shibarium gets to replicate Shiba Inu (SHIB).
Lucie, a renowned Shiba Inu development team member, took to her verified Twitter handle to educate her teeming followers on how best to invest in any Shibarium projects.
Read Also: Shiba Inu Team Unveils Step-by-Step Guide to Withdraw Assets from Shibarium to Ethereum
Lucie highlighted twelve investment aspects. These factors are:
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