![Shiba Inu on Fire: Whale Activity Up 62%, Shibarium Contracts Explode Triple-Digit](https://news.shib.io/wp-content/uploads/2024/07/Black-and-Beige-Photo-New-Post-Instagram-Post-5-720x480.png)
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Shiba Inu on Fire: Whale Activity Up 62%, Shibarium Contracts Explode Triple-Digit
The Shiba Inu ecosystem is ablaze with activity as a recent surge in whale transactions, up a staggering 62%, coincides with an explosive 350% increase in new contracts on the Shibarium layer-2 network. After days of trading in the red, the cryptocurrency market has