People have recently paid attention to Shibaswap. This trade platform, related to Shiba inu The cryptocurrency saw some large changes in how much is going on. In fact, the augment in the volume of trading on Shibaswap takes place faster than on some more known decentralized exchanges.
The commercial volume starts
Up-to-date numbers show that Shibaswap had a really good week. The amount of purchase and sales on the platform increased by a massive 244%. This means that the total value of transactions in the last seven days has reached $ 10 million. Just a week earlier it was only around $ 2.93 million.
This Huge jump in activity He has been the largest shibaswap since mid -January, when the commercial volume was $ 12.50 million. It seems that people are interested in shibaswap again, and this is in line with the general positive feeling around the Shiba Inu project.
Trading volume on ShibaSwap soars. Source: Defillama
The total volume of Shibaswap trading over the past month is currently USD 20.12 million. If you add to the entire trade that has ever taken place on the platform, as much as $ 17.18 billion reaches. It is compelling that the total volume of Shibaswap trading is actually higher than some large names in the decentralized world of exchange, such as Pancakswap and Hashflow.
SHIB market cap currently at $8.96 billion. Chart: TradingView.com
Much more money
The report of February stated that the total amount of money locked in Shibaswap was $ 2.97 million, spread over 593 different pools, in which people could borrow or borrow crypto. But if we look at the numbers today, everything has changed dramatically. People put a lot more money on the platform, and the number of these pools has also increased.
The official website of Shibaswap now says that Total value blocked Is $ 67.94 million. The number of liquidity pools also increased to 1097. This is a huge augment in just over a month. The closed amount of money increased by an amazing 2187%, and the number of pools increased by 85%.
Source: Shibaswap
Shiba Inu coin prices are highlighting
In general, things look good for the Shiba Inu ecosystem and we see it at the prices of its coins. In the last 24 hours, shib, shiba main coin, disappeared by 14% and trades after 0.00001521 USD.
Bone Shibaswap (Bone) jumped by 15% to 0.4178 USD, and Doge Killer (leash) increased by 5% to USD 173. All this suggests that with this we say that there is a lot of positive energy, and Shibaswap will benefit from it.
A distinguished picture from Gemini Imagen, chart from TradingView
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