Shiba Inu Burn Rate Skyrockets 771,000% as Shibarium L3 Teases Privacy Breakthrough
Portfolio Pulse from
Shiba Inu (SHIB) has reported a staggering 771,019% increase in token burn rate, with 18.6 million tokens removed from circulation. Simultaneously, the project is developing a Layer 3 blockchain solution with advanced privacy features using Fully Homomorphic Encryption, potentially attracting renewed investor interest.
March 23, 2025 | 3:00 am
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POSITIVE IMPACT
Massive burn rate increase and upcoming Layer 3 privacy solution could positively impact SHIB's market perception and potential token value.
The extraordinary burn rate and innovative blockchain development suggest potential positive momentum for SHIB's valuation. Reduced token supply and advanced technological features could attract investor interest.
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