Shibarium Activity Surges with $1M TVL, 7M Daily Transactions, and 17B SHIB Burned as Analyst Eyes 140 Price Target
• Shibarium's Total Value Locked (TVL) recently surpassed $1 million for the first time since September
• Daily transactions on Shibarium's Layer-2 blockchain have surged to around 7 million in December
• Shiba Inu's token burn rate increased 97% in the past week, burning over 17 billion SHIB tokens
• Over 8 trillion SHIB, worth $88 million, have been withdrawn from crypto exchanges since November
• If SHIB stays above $0.0000103 support level, next target could be $0.0000140 per technical analyst Ali Martinez