Another staggering amount of Shiba Inu coins sent to 'furnace' in attempt to reduce circulating supply
community is striving hard to continue its efforts to reduce the circulating supply of SHIB. Since yesterday morning, they have manage to dispose of almost 90 million Shiba Inu.In the meantime, the Layer-2 blockchain of Shiba Inu, Shibarium, has reached a significant new milestone, which shows its utility and adoption keep expanding fast.
However, the number of daily transfers on Shibarium has dropped to a low of 9,760 compared to a recent surge to 33,000 three days ago. On Sept. 20, a peak of 43,850 transactions was registered. According to the same source, the number of cumulative accounts on Shibarium has risen to 27,460 today, Oct. 19 – that is almost 2,500 growth within a week.Important news that spread in the crypto media this week was the fact that thanks to the collaboration of BitPay crypto payment gateway and the AMC chain of movie theaters, Shiba Inu are now accepted for the purchase of tickets to see
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