According to data provided by the Shibburn monitoring platform, close to 200,000,000 in the last 24 hours. shiba inu meme coin sent to “burn” wallets. A total of 151 million SHIBs were burned in a single transfer. This significantly increased the SHIB burn rate.
However, during the aforementioned period, the leading breast cryptocurrency unit’s price rose 2.4%, offsetting losses of the same magnitude suffered on Thursday.
Burn Rate Increased
Shibburn shared that after just two transfers, a total of 182,528,847 Shiba Inu were sent to dead ends. The largest of these two transfers carried 151,946,848 SHIB. In the second, 30,581,998 meme coins were burned from this ecosystem. The burn rate increased by 1.222 percent after that.
This is not a bad start for June. Throughout the month of May, the SHIB army successfully removed 15,369,335,177 Shiba Inu from the circulating supply of this top meme cryptocurrency.
The content marketing specialist of the team known as Lucie shared some information regarding the launch of the Shibarium mainnet.
lucia, shibariumIt has set the expected release date of . However, although the dev team is doing their best to release Shibarium as soon as possible, they cannot guarantee an exact date. Lucie wrote in her Discord message that a few more things will happen before the Layer 2 protocol is released.
In particular, a full version of the Ethereum bridge and exchange is likely to be released. Perhaps even the release of ShibaSwap 2.0 is possible. Lucie stressed, however, that this is “not yet confirmed”. As for Shytoshi Kusama, he mentioned earlier that Shibarium could arrive in June.
However, according to the data Lucie shared in her previous tweet, this does not seem realistic at the moment. It is possible that Kusama, the pseudonymous leader of the SHIB, is currently on a short vacation in Nisaka, Japan. This location appeared as his Twitter status. He wrote on Discord that he wanted to “relax and have fun like everyone else.” He also expressed that he may not have another chance to do this again in the near future.