Shibarium Surpasses 1 Million Wallets As Millions of SHIB Go Up in Flames

United States News News

Shibarium Surpasses 1 Million Wallets As Millions of SHIB Go Up in Flames
United States Latest News,United States Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

The recently launched Layer-2 blockchain related to Shiba Inu has topped 1 million wallets

, it started showing that over past 24 hours, the amount of wallets on it has surpassed the level of one million as more and more users have been joining Shibarium.

In the meantime, the SHIB army continues to burn Shiba Inu tokens, now taking advantage of transactions on Shibarium for doing that.The total count of wallets has surged to one million, adding roughly 300,000 just overnight, indicating great interest and hopes of the SHIB army laid on this Layer-2 solution that links Shiba Inu and the Ethereum chain.

According to Shibburn, within the last 24 hours, the Shiba Inu community has managed to remove 43,163,517 SHIB in total, pushing these millions out of circulation. These burns have pushed the burn rate up more than 71%, according to a recent update on the Shibburn website.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shibarium Crosses 600K Unique Wallets as SHIB Whale Moves $38MShibarium Crosses 600K Unique Wallets as SHIB Whale Moves $38MNetwork activity has started to chug along since an earlier glitch was solved last weekend.
Read more »

Shiba Inu (SHIB) Whale Makes a Splash With Massive Token Transfer Amid Shibarium RelaunchShiba Inu (SHIB) Whale Makes a Splash With Massive Token Transfer Amid Shibarium RelaunchDespite the transfer, SHIB is down on the day, similar to the rest of the market.
Read more »

Shibarium Enters September With Optimism, Here Are FiguresShibarium Enters September With Optimism, Here Are FiguresShibarium eyes historic record in September as daily transactions surge
Read more »

Shibarium News Boosts Robinhood's Shiba Inu Bag by 1.3 Trillion SHIBShibarium News Boosts Robinhood's Shiba Inu Bag by 1.3 Trillion SHIBOver trillion SHIB flow into Robinhood's Shiba Inu portfolio in August amid Shibarium saga
Read more »

Shiba Inu: New Shibarium Scanner “Up and Running” as Transactions Top 700,000Shiba Inu: New Shibarium Scanner “Up and Running” as Transactions Top 700,000Shibarium, the layer-2 scaling solution affiliated with the Shiba Inu blockchain, has a new transaction scanner as transactions on the platform exceed 700,000
Read more »

New Shibarium Explorer Faces Technical Issues, Here’s Likely Key ReasonNew Shibarium Explorer Faces Technical Issues, Here’s Likely Key ReasonThe explorer of Shibarium mainnet is temporarily down
Read more »



Render Time: 2025-02-22 05:04:50