Shiba Inu’s (SHIB) recent downturn in user engagement is becoming a focal point of concern for investors. Shibarium, the Layer-2 (L2) platform intended to stimulate network activity, has seen a substantial drop in demand. On July 9, Shibarium experienced its lowest user activity of the month, with a noticeable decline in new addresses as well.
Source: CoinOtag
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