The rising popularity of Shiba Inu has made it the fifth most frequently called contract on the Ethereum network and its seventh-largest gas burner.
Read: Kraken Is Going To List Shiba Inu
The hype around this Shiba Inu has increased to the point that it’s now the fifth most called smart contract on the Ethereum network.
According to the most recent data by Dune Analytics, Shiba Inu has outperformed Uniswap V3 SwapRouter, USDC, and WETH tokens. SHIB was only just a few spots behind the renowned NFT OpenSea Marketplace and Uniswap V2 Router.
Dune Analytics also announced that there were over 450,000 unique calls for SHIB.
SHIB is currently the seventh-largest burner of gas on Ethereum
SHIB is also the seventh-largest gas burner on the Ethereum network. This achievement is due to increased activity on the SHIB network, and also the consumption of gas around SHIB, and was recorded by TokenView’s Ethereum Explorer.
Ethereum (ETH) has set another record on Where $12 Million More Ethereum Were Burned Than Mined, Shiba Inu also had some part to play in this. Over the last seven days, the SHIB token has burned 127.15 Ethereum. Industries bigwigs Uniswap V2 Router and Tether have burned 525.28 ETH and 296.6 Ethereum respectively in the same period of time.
Because of the massive surge, SHIB has outperformed several large-cap cryptos, like Dogecoin (DOGE).
Read More On SHIB:
- World’s Largest Theater Chain, AMC CEO Takes Poll On Twitter: “Should AMC Accept SHIB?”
- Sushi Restaurant in Paraguay Capital Offers 30% Discount If You Buy Sushi With SHIB
- Shiba Inu Surpasses Dogecoin For The First Time Ever
- DOGE Lost Its 9th Position & Slips to 10th By Means of Market Cap, Is DOGE Going to Dump and SHIB Going to Pump?
- Shiba Inu Market Cap Is Now More Than Nissan and LG Electronics
- Crypto Whale Buys 277 Billion SHIB Tokens as Shiba Inu Makes New All-Time High of 0.00005451
- SHIB Community Has Got Itself A New Powerful Member, Candidate for US Senate 2022 Shannon Bray
- Argentine Real Estate Agency Now Accept Shiba Inu
- New York-Based Online Brokerage Listed Shiba Inu
- Shiba Inu Now Available At 4000 ATMs Across US And Brazil
- Petition Surpasses 250,000 Signatures to List Shiba Inu on Robinhood
- India’s Oldest Cryptocurrency Exchange Zebpay List Shiba Inu
- SHIB Becomes Most Discussed Crypto On Twitter As SHIB Gets More Mentions Than Bitcoin, Ethereum, And DOGE On Twitter
- CoinGecko Data Shows SHIB Becomes Top 11 Coin, Just Behind DOGE At Number 10
- As SHIB Becomes Crypto Of The Week, How Far Will SHIB Go?
- Crypto Whales Purchasing Large Amounts Of Shiba Inu, As Single Anonymous Whale Bought 6 Trillion SHIB
- Shiba Inu Becomes The 15th Most Valuable Crypto
- Shib Becomes Most-Traded Crypto on Coinbase
- Shiba Inu Futures Trading Volume Up 78x in Seven Days
- Shiba Inu Took 14 Months To Hit A Market Value Of $12 Billion, It Took Dogecoin 6 Times As Long To Reach That Milestone
- SHIB Hits 1 Million Followers On Twitter
- Shiba Inu Is Now Fifth Most Traded Crypto
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
