Shiba Inu

<ul><li>SHIB community burns a staggering 75M tokens, with one monumental transaction consuming 54M SHIB in a fiery display of token-burning zeal.</li><li>Shibarium&#39;s rapid growth sparks interest, as nearly 3M transactions are recorded, and mined blocks surge to 711K.</li><li>Shiba Inu faces a pivotal moment as it teeters above support levels, with a potential recovery hinging on breaking resistance and maintaining an RSI above 50.</li></ul>In a remarkable show of token-burning enthusiasm, the SHIB community has once again demonstrated its strength in meme coins by incinerating a staggering 75,192,032 Shiba Inu tokens in the past 24 hours, as reported by the <a href="https://www.shibburn.com/" rel="noopener noreferrer nofollow">Shibburn</a>. This fiery exhibition is part of a growing trend of increased token burn activities. A monumental transaction ignited two-thirds of this fervent consumption, demolishing a jaw-dropping 54,633,331 SHIB tokens.The catalyst behind this frenzied token immolation is the burgeoning adoption of the Layer-2 blockchain <a href="https://cryptotale.org/shibarium-enhances-decentralization-with-bone-minting-and-contract-renunciation/" rel="noopener noreferrer nofollow">Shibarium</a>. Shibburn&#39;s data revealed that these burns align with Shibarium&#39;s growing utility and the rising interest in its unique capabilities.Shibariumscan Explorer shows rapid <a href="https://www.shibariumscan.io/" rel="noopener noreferrer nofollow">progress</a> within the Layer-2 blockchain ecosystem, with nearly 3,000,000 transactions recorded recently. Mined blocks have surged to 711,089, and the network boasts a robust 1,246,650 connected wallets. However, daily transaction numbers have experienced a slight dip from a previous peak of over 200,000 daily transfers.Read full article at<a href="https://cryptotale.org/shib-community-burns-75m-tokens-shibarium-surge-sparks-interest/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

SHIB Community Burns 75M Tokens: Shibarium Surge Sparks Interest

CryptoTale

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