Can Shiba Inu's Shibarium Burn 1 Trillion Tokens?
The Shibarium layer-2 solution was launched in August 2023 with great pompous and grandeur in the Shiba Inu ecosystem. It was one of the biggest events in the SHIB community after being listed on the Robinhood exchange in April 2022. The sheer scale of the hype and buzz hit a peak with investors hoping the network to burn trillions of tokens. Also Read: Is $5000 In Shiba Inu Enough For You To Retire By 2035? The Shiba Inu team of developers had also informed the community that Shibarium burns will be on a larger scale. However, the burns will depend on the amount of transactions that occur on the network on a daily basis. The transaction fees will be collected on the network which will then be split into two: One is to maintain and develop the network and the other is to burn SHIB tokens. Shibarium: 1 Trillion Shiba Inu Tokens To Be Burned? Source: thecoinrepublic.com Since 22 months of its launch, Shibarium has burned only 1 billion Shiba Inu tokens up until June 2025. The scale is sm...