Shibburn is a burn tracker for the #cryptocurrency Shiba Inu ($SHIB ) token. It is the industry's first focused burn effort. The number of SHIB tokens that have been burned, or taken out of circulation, may be tracked by users using the burn tracker. The burn procedure is intended to lower the available supply of SHIB tokens, which can raise the value of those tokens.
Shibburn has made an announcement on the creation of a brand-new #blockchain that would only be used for SHIB. The Shib Association team is creating this new blockchain, which is anticipated to promote ecosystem adoption and growth. The new blockchain is distinct from the official Shibarium L2 scaling network of Shiba Inu.
The future price of #SHIB may be impacted by the growth of this new blockchain. Price projections are not, however, guaranteed to be correct because of the significant volatility of the cryptocurrency markets. Additionally, there are risks associated with investing in cryptocurrencies; therefore, before making a decision, you should conduct your own study and understand the risks.
