Shibarium Official's Warning About Fees Comes True: Details

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Shibarium Official's Warning About Fees Comes True: Details
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News has been reported of gas fees on Shibarium jumping high briefly lately

Earlier this month, the official marketing expert of the SHIB team, calling herself Lucie,that as soon as the Shibarium user base expands greatly along with utility, gas fees on it may go up. Still, this way, Shibarium will even better help burn Shiba Inu coins since more BONE will be set aside from the fees for SHIB burning. So far, 0.5 BONE have been accumulated from fees for burns.

The same burn tracker also reported that over the period of the last 24 hours, the joint efforts of the Shiba Inu community have led to the destruction of a hefty SHIB chunk; 182,336,616 SHIB meme coins were transferred to unspendable blockchain addresses. This propelled the burn rate up by almost 40%, per data provided by the Shibburn website.Around two-thirds of this massive chunk of meme coins was burned in a single transfer around 16 hours ago.

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