Within a month of launch, the total number of addresses for the SMR token has skyrocketed.
However, MIOTA lacks enough investor participation which is the reason behind its struggling price.
The IOTA blockchain unveiled its staging network Shimmer in late September 2020. Almost, a month after its launch, the Shimmer network has been picking up fast. The launch of the Shimmer network came along with its native token SMR. As per the current report, the address activity on the Shimmer network has been skyrocketing, hitting 180,000 just a month after launch.
Activity on Shimmer network #IOTA #SMR pic.twitter.com/C1kvefvA9X
— Denzadau.iota (@Denzadau) October 26, 2022
Soon after the launch of the Shimmer network, the SMR token rallied all the way to 15 cents. However, it has been on a correcting journey since then and SMR has corrected 50% over the last month to trade at $0.07.
Shimmer is the incentivized Layer 1 innovation network, built to fuel the growth of feeless and highly interope
