The network maintained its goal of reducing Shib supplies. new Data It indicates that society has acquired 1.1 billion symbols of trading.
Community members used the Burn Gate, which shows that more than 14 million SHIB icon was destroyed just hours ago. There was an increase of 4.18 % in the burnt SHIB during the past week, indicating that more people are now participating in reducing the supply of the distinctive symbol.
During the past week, Burqan emerged. On May 21, a total of 15.1 million graying was burned, and on May 23, 14.4 million. A community boost called the Torch SHIB initiative is required to burn symbols by allowing them to see and track burns in actual time.
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When the distinctive symbols go to a gray hair to a dead wallet, they will not become part of SHIB again. Shibarium plans to make the symbol rare by including burns in its design.
They expect that with more Shib burning, the price of encoded currency will rise over time.
The Shabarium network strikes the activity of the registry
According to an official update, Chibarium More than 944,000 transactions have been dealt with on May 23, 2025. All of these transactions prove that more and more people turn to the platform for rapid and cheap transfer.
Although many transactions occur, each fee is only 0.00017 dollars, which keeps Shibarium inexpensive for developers. According to some, increasing transactions show that more people use or send symbols on the Shiba Inu platform.
Due to the ease of use and reasonable fees, Shibarium attracts attention from both investors and developers. At the same time, the network produced 523.23 bones. Although this is very large, it is small compared to the processed transactions.
U.Today has announced that more than 121 billion gray hair has been sent with a Coinbase Hot Portfolio to a completely new encryption portfolio.
Experts believe that SHIB will rise about 32 % in the price in a short period. Coinmarketcap Reports After changing 4.42 % yesterday, the Shaib price is now 0.00001460 dollars, which reflects the events in the encrypted currency area. The SHIB amount today increased by 26.74 % to 465.74 million dollars.
