The SHIBarmy has burned millions of $SHIB in the past 48 hours. shibburn
Shiba Inu has been growing at an impressive pace in the past week after the dev team announced that soon the beta version of Layer 2 protocol Shibarium would finally be launched. Shibarium will allow users to conduct a larger number of transactions, making them a lot faster than before and at a much lower cost.
Transaction fees will be charged in BONK token, with a portion converted into Shiba Inu coins and sent to dead addresses to never come back into circulation. The SHIB army expects that, this way, trillions of SHIB will be burned monthly or even weekly.from the initial supply have been destroyed. Now there remain 571,601,150,366,694 SHIB in circulation.
At the time of this writing, Shiba Inu is changing hands at $0.0000113, having jumped by over 23% in the past week, stimulated by the expectations of the Shibarium launch. Growth over the past 24 hours is slightly more than 1%.
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