Shibarium Search Interest Records Unusual 100% Rise and Fall on Google - U.Today

SHIB0,05%
BTC-0,73%

Shibarium, the layer-2 blockchain of the Shiba Inu (SHIB) ecosystem, has recorded no single interest in the last 24 hours. This lack of interest, which comes after online interests soared to 100%, has left many in the ecosystem shocked by the development.

How Shibarium dropped from 100% to zero

Notably, both community members and potential investors from the public turn to the Google search engine to find out the latest on Shibarium. However, in the last 24 hours, public interest in the L2 has totally disappeared, sparking concerns among network users.

According to Google Trends, the search interest plunged from a peak of 100% at 1:00 p.m. UTC. on Feb. 18, 2026, to zero, less than 45 minutes later. This figure has stayed at the zero level for the last 24 hours.

With the Google search trend at zero, it signals nonexistent public interest in Shibarium, possibly as a result of the poor performance of Shiba Inu on the broader crypto market. In the last 30 days, SHIB has shed over 21.1% of its value amid bearish sentiment on the market.

Shiba Inu dropped from an intraday peak of $0.000006538 to a low of $0.000006143, representing a more than 3.8% decline. As of this writing, Shiba Inu exchanges hands at $0.000006165, which is a 3.83% drop in the last 24 hours.

Despite the broader crypto market weakness, which saw Bitcoin dip by 1.92%, Shiba Inu’s trading volume has managed to stay in the green zone. Volume is up by 4.47% at $114.27 million.

It is likely that the initial 100% spike in Shibarium search interest could have been triggered by U.Today’s report

It had reported on the launch of a mechanism by the Shiba Inu team to restore affected Shibarium users. The goal of the mechanism was to support users with payouts and occasional rewards as a way to encourage participants in the ecosystem.

Can Shibarium rebound from this?

It is worth mentioning that volatility spikes are not new to Shibarium. Sometimes, its movement confuses even market experts.

In January, when users expected increased activities as a result of Shiba Inu’s price rebound, Shibarium’s Total Volume Locked (TVL) suffered a 36% decline.

That indicates that over one-third of funds that were previously locked in the Shibarium-based protocol were withdrawn.

Despite the current drop in Google Trends, Shibarium could pick up and stun users in the coming days.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Gemini Faces Class-Action Suit Over Prediction Market Pivot, Plummeting Stock Price

Gemini faces a class action lawsuit from shareholders alleging that the company misled investors about its business viability and concealed its shift to prediction markets, contributing to a significant decline in stock value.

Decrypt4h ago

Long-term BTC short whale cancels $50,525 limit buy order, still plans to bottom-fish at $53,525

According to HyperInsight monitoring, on March 21st, a long-term BTC short seller whale canceled a $50,525 limit buy order set on the Hyperliquid platform, while retaining an order to buy 50 BTC at $53,525. This whale had previously shorted 499.91 BTC with 20x leverage, accumulating profits of $61.34 million.

GateNews6h ago

Bitcoin rebounds and breaks through $71,000, 24-hour increase of 1.66%

Gate News reports that on March 21, according to certain CEX market data, Bitcoin rebounded and broke through $71,000, currently trading at $71,048, with a 24-hour gain of 1.66%.

GateNews8h ago

BONK.fun Restarts After Domain Hijacking, Confirms $30,000 in Damages

BONK.fun has resumed operations after a recent domain takeover incident that caused $30,000 in user losses. The attack, attributed to a third-party vendor's vulnerability, involved phishing tactics. Despite recovering the domain, risks remain as some antivirus software still flags it, and the BONK token price continues to decline.

TapChiBitcoin11h ago

Weekly Report: Gold Breaks Below $4,500! Crude Oil Surges Past $110, But Bitcoin Rallies and Outperforms Gold

Escalating tensions in the Middle East and the Federal Reserve's hawkish stance have impacted global financial markets. Gold plummeted more than 10% this week, marking its worst performance since 1983, while oil prices surged to historic highs. In contrast, Bitcoin rose against the trend, indicating a flow of capital toward crypto assets. The market continues to face uncertainty, and volatility in risk assets may persist.

動區BlockTempo16h ago

Yesterday, the US XRP spot ETF experienced a single-day net inflow of $1,978,200.

On March 20, the US XRP spot ETF recorded a single-day net inflow of $1.9782 million, with Canary XRP ETF being the only product achieving net inflows. Total net inflows have reached $421 million. Currently, the total net asset value of XRP spot ETFs stands at $1.006 billion, with historical cumulative net inflows reaching $1.209 billion.

GateNews19h ago
Comment
0/400
No comments