Shiba Inu burned over 27 million SHIB in 24 hours, sending its daily burn rate up 1,034%. With weekly and monthly burns rising, exchange reserves falling, and crypto sentiment improving on U.S. regulatory progress, investors are reassessing SHIB’s supply-side outlook.
Shiba Inu's daily burn rate surged 1,034%, with over 27 million SHIB burned in 24 hours. Weekly burns exceeded 46 million, while exchange reserves declined and market sentiment improved on U.S. crypto legislation progress. The community also warned users about fake LEASH promotions and scam airdrops.
Shiba Inu lead developer Shytoshi Kusama confirmed that Shibarium will be released during the Blockchain Futurist Conference on August 15-16 in Toronto, alongside the Worldpaper reveal and initial details about the Treat token.
Shiba Inu’s layer-2 protocol Shibarium is set to launch on August 15-16 at the Blockchain Futurist Conference in Toronto, alongside the unveiling of the Worldpaper and new details on the Treat token.
Shiba Inu has confirmed that Shibarium will be officially unveiled on August 15-16 at the Blockchain Futurist Conference in Toronto, alongside the Worldpaper reveal and first details about the Treat token.
SHIB rose 4% in 24 hours but remains down on weekly and monthly charts. With Shibarium surpassing 680 million transactions and integrating Chainlink CCIP, investors are watching whether SHIB can reach its short-term target of $0.00004411.
Shiba Inu is rolling out six major utilities across the Shibarium ecosystem, including SHIB: The Metaverse, on-chain Shiba Eternity, Shiboshis NFT integration, and TREAT-based play-to-earn rewards, highlighting its push beyond meme coin status.
Shiba Inu is rolling out six major utilities including SHIB: The Metaverse, on-chain Shiba Eternity, Shiboshis NFT integration, and Play2Earn with TREAT tokens. The Shibarium L2 has processed 250M transactions, driving the ecosystem's evolution beyond memecoin.
