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Mar 19

Shiba Inu Burn Rate Spikes 10,900%, Days After Shibarium Beta Goes Live

What Happened: Data from Shibburn reveals that in the last 24 hours, 934 million SHIB has been transferred to a dead wallet. Shytoshi Kusama, lead developer of the Shibarium project, on Sunday said in a blog post that users will have the ability to build decentralized applications (dApps) on the Shibarium chain and integrate businesses on it. The spike in burn rate comes after SHIB developer Kaal Dhairya admitted to making a mistake regarding the Shibarium Beta chain ID after the community ac...

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