Something's Cooking on Shibarium With BONE, SHIB Team Tweets
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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.
Yuri MolchanSHIB 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.
Arman Shirinyan
Alex Dovbnya
Vladislav Sopov
Dan Burgin
U.Today Editorial Team