Shiba Inu community keeps burning millions of SHIB tokens as Shibarium sees more utility every day
shows that over the last 24 hours, the SHIB community has succeeded in disposing of another big lump of meme coins.
These burns are likely to be powered by the growing usage of the Layer-2 blockchain Shibarium, which is eyeing another big utility milestone.Shibburn has reported that within the last 24 hours, it spotted a total of 75,192,032 SHIB meme coins transferred to dead blockchain addresses. It has taken 12 transactions with the biggest one carrying two thirds of the totally burned amount — 54,633,331 SHIB. As for the whole last week, the SHIB army burned roughly
in 130 transfers, with the burn rate rising a mild 71%. As for SHIB burns recorded by Shibburn on Monday, that amounted to 86,429,656 meme coins.Shibariumscan explorer shows that as this week started, the Layer-2 blockchain has been making major progress, seeing its metrics rise. Currently, Shibarium is close to achieving a major new record as almost 3,000,000 transactions have been made on it.
The number of mined blocks has risen to 708,052, and the total count of connected wallets stands at 1,246,644. The number of daily transactions so far has dropped to 42,830 from a recent peak of more than 200,000 daily transfers.
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