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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...

Shiba Inu is currently trading at $0.000008844 and is down nearly 2% in the last 24 hours. SHIB is moving further away from deleting its fifth zero as the token is struggling to climb in the indices. The latest price dip is testing the patience of investors as the majority of Shiba Inu investors want the token to reach $0.01. Also Read: Shiba Inu (SHIB): Man Makes $5.7 Billion in 400 Days The Shibarium layer-2 solution is the only option available that could send Shiba Inu toward the $0.01 path. In this article, we will explain whether Shibarium can still send SHIB to reach the 1-Cent milestone. Shiba Inu: Shibarium’s Role For SHIB To Reach the $0.01 Milestone Source: Pixabay We can still hope for Shibarium to send Shiba Inu towards the $0.01 path. However, it comes with a catch which is to burn trillions of SHIB tokens every year. Shibarium can only burn more SHIB tokens if the network is brimming with activities. Therefore, the more activity is engaged on Shibari...

Shiba Inu, a cryptocurrency that emerged as a meme coin, has garnered substantial community interest and involvement in diverse initiatives. This includes the development of the Shibarium network, Puppynet. During 2022, the Shiba Inu team initiated several projects, such as the Shiba Eternity game and the SHIB metaverse. These initiatives sparked enthusiasm for the forthcoming debut of Shibarium . However, the launch of Shibarium encountered delays attributed to various factors. Also read: Worldcoin WLD Market Cap Surges to $350 Million, Price Doubles Based on data from Etherscan, there has been notable activity among cryptocurrency whales recently, involving the transfer of nearly 50 billion Shiba Inu. These transactions encompass withdrawals from crypto exchanges, transfers to exchanges, as well as movements of SHIB between wallet addresses owned by these large holders. Etherscan data shows that eight transactions involved the movement of billions of SHIB, with one tran...

Shiba Inu Bracing for Summer Updates According to the team, the revamp of the Shiba Inu website was inspired by the summer season that has now been fully ushered in. The new website shows robust detail that highlights the protocol’s top ecosystems and offerings including Shibarium , Shibacals, Shib the Metaverse, and Shibaswap to mention a few. advertisement Get your swimsuits ready! 🏖️ The Summer of Shibarium has arrived, and our revamped website at https://t.co/MmPu9itPM3 is just the beginning of a scorching summer ahead. Brace yourself for a splash of thrilling releases on the horizon 🚀🌊 #SummerOf Shibarium pic.twitter.com/2yVPFVRcHk — Shib (@Shibtoken) July 15, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...

In 2022, the cryptocurrency market has seen some of the most catastrophic dwindles. Those empires that were viewed by the outside world as being robust fell in a matter of days, from the demise of the Terra empire in May, to the recent demise of the FTX empire. The slumping cryptocurrency market changed course as the CPI figures were announced. The majority of coins, including meme coins, have begun to trade favorably. However, the rally was short-lived, as the market shows signs of a continued, prolonged bear market. As per the data from Nomics, the trading volume of SHIB rose by 28% earlier today. This is probably due to the hints of a Shibarium update by lead Shiba Inu developer, Shytoshi Kusama. Source: The Coin Republic Shiba Inu community in for a Christmas treat? Kusama recently changed his Twitter bio from a dot to “On the 1st day…my true love gave to me…”, and the SHIB community has already begun to decode it. The bio contains the lines from a song call...