Polygon’s MATIC token witnessed a spike in user activity since Thursday, September 7. There has been a steady increase in metrics that measure user activity: Daily active addresses, volume, whale transfers greater than $100,000 and $1 million.
Shiba Inu price is struggling to wipe out its losses from the past week. SHIB price declined 3.42% in the past seven days. The meme coin’s Layer 2 chain Shibarium noted a spike in activity, however the development failed to act as a catalyst for SHIB price.
PEPE, a frog-themed meme coin, that recently made headlines for differences between the founding team members and the theft of nearly $15 million worth of tokens. Early on Saturday, the official X account of the meme coin informed the community that the Telegram account was compromised.
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