๐Ÿ”ฅ Shiba Inu (SHIB) is on fire! The meme coin's burn rate soared by 300% in the last 24 hours, removing nearly 100M SHIB tokens from circulation. ๐Ÿš€

The price of SHIB is also back in the green, up around 4% on a daily scale. This aligns with the overall market recovery, with Bitcoin hitting $72K and Ethereum reclaiming $3.6K.

But there's more! The Layer-2 blockchain solution, Shibarium, is set to boost SHIB's value even further. Launched last summer, Shibarium supports the development of dApps, including DeFi projects, NFTs, and gaming apps within the Shiba Inu ecosystem.

With high transaction throughput and lower costs, it's a hot spot for developers and crypto enthusiasts.

What are your thoughts on SHIB's burn rate and Shibarium's potential? Let's chat in the comments! #ShibaInu #DeFi #Layer2