Shiba’s “Layer-2” Just Hit 1.5B TX & Burned 750k Coins-But Is It Still Just a Cute Dog? 🔥🐕‍🦺

TL;DR (a.k.a. I Have Laundry to Fold)

  • Shibarium, the network that sounds like a sushi roll, just crossed 1.5B transactions. Somewhere, Vitalik’s eyebrow is stuck in the upright position.
  • Someone set fire to 750k SHIB tokens-roughly $9.82. That’s either “deflationary genius” or “I accidentally used the wrong wallet.”
  • Net outflows from exchanges look bullish… assuming you still believe the words “bullish” and “meme coin” can coexist without irony.

Latest Achievement: Because Numbers Make Us Sound Legit

Shibarium is currently flexing 1.5 billion transactions, 267k addresses, and 12.5 million blocks-all while the price is still flirting with $0.00001313 like it’s 2020 all over again. 😘
The network was “specifically designed” to cut fees and speed things up. Translation: we paid consultants in Dogecoin to Photoshop a roadmap and it worked.

“I like Shiba Inu, as you know-my mom’s Shiba is literally named Karen, and she barks at Zoom calls. I think SHIB will do ‘relatively well,’ which is crypto-speak for ‘I have no earthly idea, but saying zero would tank my mentions.’ Shibarium is totally a real chain you can use for apps, except, you know, nobody is actually using it yet. Solve that? To the moon, baby.”
-Jeremie Davinci, part-time Bitcoin maxi, full-time hair gel consumer.

Price Outlook: Will It Rocket or Re-Rocket to the Same Spot?

SHIB’s burn rate spiked 150%. If that sounds exciting, remember they torched about enough coins to cover a Venti caramel macchiato. Still, fewer tokens + same number of dog memes = potential math. 📈
Meanwhile exchange outflows surpassed inflows, suggesting traders are whisking their coins off-platform like they’re smuggling snacks into a movie theater. Fewer coins on exchanges = fewer people panic-selling at 2 a.m. after a TikTok astrologer says Mercury is in retrograde.

Graph: look at those sexy red and green bars

Final thought: If Shibarium becomes the next big thing, great. If not, at least we have another billion-transaction meme we can brag about on blind dates. Either way, keep your keys, your snacks, and your expectations properly stored offline. 🫡

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2025-08-11 19:51