SHIB Soars on Shibarium Launch Update

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Last Updated on January 17, 2023 by Bitfinsider

Shibarium Update brings Token Burning

Token burning will be introduced to Shibarium, as requested by the Shiba community. Although no release date for this functionality has been set, the development team has said that every transaction on the network “would include an implicit burn amount for SHIB token.”

SHIB, like the rest of the market, reacted immediately with a price increase, reaching more than $0.000011 for the first time in months.

ShibaSwap would also be incorporated into the Shibarium Mainnet, giving the community easy access to SHIB tools and functionalities.

Data from

Shiba Inu has soared to $0.0000105 based on time of writing, bringing bullish sentiments to the current bear market.

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