Shiba Inu Burn Rate Skyrockets by 500% as More Than Half Billion SHIB Burned

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Shiba Inu Burn Rate Skyrockets by 500% as More Than Half Billion SHIB Burned
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Over half billion SHIB burned in last 7 days

At the time of writing, SHIB was marginally down 0.90% in the last 24 hours to $0.0000078. The token is down 3.64% in the last seven days. The week gone by saw the successful launch of

. The new Shiba Inu Layer 2 blockchain has drawn over a million interacting wallets, signaling its utility and adoption., Shiba Inu lead Shytoshi Kusama made it known that WBONE was completed and that an announcement would be made soon by Shiba Inu developer Kaal Dhairya., Shiba Inu team member Lucie explains further about WBONE, which stands for Wrapped Bone.

WBONE is a Shibarium-based token that represents BONE in a standardized form compatible with the Shibarium network's smart contracts and decentralized applications . WBONE enhances the compatibility of BONE with other tokens and dApps on the Shibarium network. Users can wrap their BONE tokens into WBONE, which allows them to seamlessly interact with various DeFi protocols and decentralized exchanges that may require tokens to be in a standardized format.

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