Shibarium daily transactions surge to an all-time high as more testers are joining in. $SHIB $BONE LucieSHIB
Shibarium's contribution to SHIB burns
Five days ago, Shibarium's documentation was released after a long wait. Among other things, these docs revealed the details of how the Layer 2 network will contribute to burns of Shiba Inu meme tokens. According to the docs, the transaction fee on Shibarium is 10,000 times cheaper than that of Ethereum. Besides, 70% of the base fee will be converted into Shiba Inu and then sent to dead wallets, i.e., burned, i.e., removed from the circulating supply of SHIB.
Before Puppynet was launched, Shytoshi Kusama, the lead of Shiba Inu, hinted that the Layer 2 network may be able to help burn trillions of Shiba Inu tokens. BONE tokens are being used as gas on Shibarium. Last week, U.Today reported that major exchange Crypto.com had acquired roughly
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