Shiba Inu has entered a new era with the launch of its burning portal on the Shibarium mainnet. This update had been anticipated for over a year, with the team continuously teasing its release. The slow buildup had caused some loss of interest within the community.
The official announcement was made through Shibarium X, bringing attention back to the SHIB token and its ecosystem.
The Shibarium burn portal aims to decrease the supply of SHIB tokens, potentially increasing their value due to scarcity. This strategic move is expected to influence market perceptions and investment behavior surrounding SHIB.
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