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The Shiba Inu community is on a rampage when it comes to burning SHIB tokens. After an incredibly successful burn campaign last week, the community is back to incinerating massive amounts of SHIB.
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Shiba Inu layer 2 solution Shibarium has exploded in transactions in the past week, pushing the metric past various milestones in a matter of hours.
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Shiba Inu scam detector platform Susbarium has warned community members of possible scams that could threaten their identity and possibly lead to the loss of their crypto holdings. Besides the warning, the platform has also provided tips on how to guide against this.
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The Shiba Inu volatility level has remained rather high through the ups and downs of the market which could bode well for the meme coin’s price. According to data from IntoTheBlock, the SHIB volatility levels are still holding firmly above 60%.
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Shiba Inu made the headlines in 2022 when it announced a partnership with Italian fast-food restaurant Welly’s. Since then, the partnership has waxed stronger with the community showing strong support for the restaurant.
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