Shibarium burned $1.5M worth of SHIB and reduced transaction costs, stimulating the development of the ecosystem. 🚀 However, despite the successes, SHIB has fallen by 25% over two weeks amid a general decline in the meme coin sector.

Launched in August of last year, Shibarium has already "made a significant impact," burning tokens and reducing their circulation. It has also made transactions affordable and laid the groundwork for future improvements. 📉