Shiba Inu's Shibarium likewise saw 1,054% surge in transactions
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ShibTorch, Shiba Inu's community-driven burn portal, launched on the Shibarium Layer-2 network in August, with every Shibarium transaction contributing fuel to the burn project. Layer 2 transaction base fees are locked into a dedicated Shibarium burn contract, while network validators are rewarded with priority fees. As BONE, ShibaSwap's governance token and the Shibarium gas fee token, accumulates under the burn contract, any user can step up and start the burn process.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
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