Shiba Inu's Burn Rate Surges 800%
Shiba Inu token has witnessed an 800% surge in burn rate, eliminating 10 million SHIB from circulation in just 24 hours
In addition, Shibarium's daily transactions have reached 7.84 million in a single day on the Layer-2 (L2) network.
Total transactions on Shibarium L2 have now exceeded 30 million!
A large transaction burned over 10 million SHIB tokens, contributing to the increased burn rate
Shibarium's gas fees are currently peaking at 783 Gwei, showcasing the platform's rising utilization.
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