Shiba Inu Team Reveals Shibarium Impact: Anticipates 5T SHIB Burns
The Shiba Inu community is buzzing with anticipation! A Shiba Inu ecosystem official revealed in one of her recent tweets how Shibarium can affect the SHIB burn game. The core development team is highlighting the potential of Shibarium to dramatically impact the circulating supply of SHIB tokens, with some anticipating burns reaching as high as 5 trillion SHIB.
$SHIB BURNS X Shibarium: A Game Changer?
Shibarium significantly impacts the Shib ecosystem by introducing a burning mechanism that reduces the supply of $SHIB. The Shibarium burn mechanism has been a major topic of discussion lately, especially after the recent record of over 8 billion Shiba Inu tokens burnt in a single day. This burning activity has fueled speculation about the future of SHIB and the role Shibarium will play in its value.
Lucie's Tweet and the Shibarium Burning Mechanism
Lucie emphasized in the tweet that the innovative layer 2 protocol Shibarium will significantly reduce the supply of SHIB tokens through its revolutionary burning mechanism. How will this work? Shibarium transactions utilize BONE tokens for gas fees. A portion of these BONE tokens is then converted into SHIB and subsequently burned, effectively removing them from circulation.
Anticipating 5 Trillion SHIB Burns
While exact figures are difficult to predict, the Shiba Inu team's hints suggest a potential for massive burns in the future. The anticipation surrounding Shibarium and its ability to consistently burn SHIB tokens has led to speculation about 5 trillion SHIB being burned. This burning, combined with increased Shibarium adoption, could drastically alter the tokenomics of Shiba Inu.
Stay tuned for further updates on Shibarium's progress and its impact on the SHIB burn rate. The future of Shiba Inu looks bright with the integration of this innovative layer 2 scaling solution.