Puppynet activity looks somewhat frozen ahead of Shibarium rollout. $SHIB
The Shibburn tracking platform has shared that over the past 24 hours, Shiba Inu burn rate operations have not been going well. In fact, the burn rate is down more than 30% with a total of 43,249,857 SHIB meme coins removed from circulation and locked in dead-end wallets.
This was achieved as a result of 24 transfers overall. Unlike today, the burn rate on Monday demonstrated aAfter the Layer 2 blockchain Shibarium launches on mainnet, burns are expected to skyrocket, with trillions of SHIB to be sent to unspendable wallets monthly or even weekly. These burns will be powered by each transaction on Shibarium, with BONE tokens paid as fees for conducting it.later by the developer team of Shibarium.
As the launch of Shibarium is coming closer, with only a week left before it is likely to happen, the prices of the Shibarium trifecta coins — SHIB, BONE and LEASH — have begun to demonstrate substantial rises.
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