Category: Forex News

Something’s Cooking on Shibarium With BONE, SHIB Team Tweets

By Published On: March 25, 20241.5 min readViews: 1640 Comments on Something’s Cooking on Shibarium With BONE, SHIB Team Tweets
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Contents

The official Shiba Inu marketing lead Lucie has taken to X to publish an intriguing tweet about Shibarium, BONE and the new “SOL killer” token DAMN.

DAMN and BONE on Shibarium

DAMN is a recently launched taken by the Woofswap DEX built on top of the Layer-2 solution Shibarium, and it contains an inbuilt system for burning Bone Shibaswap (BONE) — the gas token of Shibarium. Burning BONE will significantly reduce its supply in the long run, making BONE a deflationary token.

Lucie tweeted to hint that something is cooking right now, “Shibarium x BONE x DAMN,” intriguing the Shiba Inu community.

To contribute to burns, the Shiba Inu team has recently conducted a massive burn of SHIB, BONE and LEASH tokens.

In the meantime, Shibarium continues to expand its adoption. The official X handle of Shiba Inu has thanked the cryptocurrency exchange BlueBit for adopting their Layer-2 blockchain.

SHIB burn rate rises high

According to Shibburn, within the last 24 hours, the SHIB burn rate has demonstrated an impressive surge by almost 110% with a total of 34,681,610 Shiba Inu coins transferred to dead-end wallets and locked there permanently.

A total of 33,673,855 SHIB was transferred in the single biggest transaction, and the smallest transfer contained merely 2 SHIB meme coins.




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