China News by Thebittimes.Com

The Shibarium layer-2 blockchain, running on the Ethereum network, was launched in August 2023. The sole purpose of the new network was to expand its utility and use cases by solving problems plaguing the decentralized landscape. While several projects run on the Shibarium network, it barely makes its price shoot up in the charts. Only the burns can help Shiba Inu scale up in the charts as Shibarium is seen as a SHIB burning mill. Also Read: XRP and Shiba Inu 2050 Forecast: Long-Term Crypto Price Prediction SHIB: Here’s the Official Shiba Inu Burn Count on Shibarium Source: thecoinrepublic.com The Shibarium network has burned a total of 1,151,381,964 (1.15 billion) SHIB tokens by the end of May 2025. The Shiba Inu burn rate is also up 5.12% since last week indicating an uptick in sending the tokens to the dead wallet. However, on a larger telescope, the burns are meager as 1.15 billion SHIB tokens are worth only $15,500 currently. Also Read: SHIB Price Prediction: $1K in Shiba Inu...

FCF Pay announced in October the integration of Shiba Inu, Bone, and Leash into their prepaid crypto debit cards. They usually accepted only stablecoins previously but the SHIB trifecta was the first non-stablecoin to brace their debit cards. The SHIB trifecta can be used as a payment gateway in multiple stores listed by FCF Pay. The list also includes e-commerce and video streaming giants Amazon and Netflix, respectively. Also Read: Shiba Inu: November 2022 Price Prediction 🚀 LISTING ANNOUNCEMENT 🚀 We are delighted to announce that #FCFpay has listed the full #Shib #Trifecta; $Shib, $Bone and $Leash. They are available as payment options for any business using our payment gateway RIGHT NOW!#SHIBARMY #SHIBAINU #SHIBARMYSTRONG #LISTING #Binance pic.twitter.com/riDsGqWxZT — FCF PAY – Crypto Payment Gateway (@fcfpay) July 6, 2022 Social media was engulfed with the news that Netflix and Amazon would accept SHIB as payment through the FCF Pay cryp...