CandleFocus Shiba Inu Team Explains What Shibarium Has Done for SHIB
2024-12-19
Author: Content Editor
This news content highlights the impact of the Shibarium Layer-2 (L2) blockchain on the Shiba Inu ecosystem. While some community members have questioned its impact on SHIB, a team member and marketing expert, Lucie, have highlighted several positive effects of Shibarium on the token. These include reducing the number of SHIB tokens in circulation through burns, enabling low-cost transactions, building the foundation for future utilities, and elevating SHIB's reputation in the crypto market. The daily transaction volume on Shibarium has remained above 4 million, and over 410.74 trillion SHIB tokens have been permanently removed from circulation. Shibarium currently has 2.01 million wallet addresses, 8.47 million total blocks, and an average block time of 5.0 seconds.
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