600 Million Shiba Inu Burned as Shibarium Continues to Score Major New Goals

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600 Million Shiba Inu Burned as Shibarium Continues to Score Major New Goals
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600 million $SHIB 'cremated' as the Shibarium launch draws closer. Shibburn

Shibarium smashed new utility record

As reported by U.Today earlier, over the past few days, Shibarium testnet has hit a significant new utility milestone. Within the last week, the total transaction count has surged by roughly one and a half million, reaching a 28,645,428 all-time high.The launch of the Shibarium mainnet is expected to occur after Aug. 16 — this is when the Eth Toronto conference in Canada ends.

Still, top SHIB team member Lucie posted yesterday a reminder to the SHIB army on Twitter, saying that there is no exact date for the Shibarium launch. However, she said that the developer team is close to the release of the Layer 2 protocol.After losing roughly 4% since Sunday, the Shiba Inu canine token has been making attempts to recover. On Monday, it gained back 2.27%, but then the price growth was erased. Earlier today, SHIB managed to rise by 1.

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