๐Ÿš€๐Ÿš€ Buckle up, BTC enthusiasts! Meme coin Shiba Inu (SHIB) is making waves with a whopping 300% increase in token burns in just 24 hours! ๐Ÿ”ฅ๐Ÿ”ฅ Almost 100 million SHIB tokens have been removed from circulation, following a similar trend last month when over 15.5 billion assets were destroyed.

The goal? To reduce the maximum supply of nearly 1 quadrillion SHIB tokens, making them scarcer and potentially more valuable over time. ๐Ÿ’ฐ๐Ÿ’ฐ

But that's not all! SHIB's price has also seen a green light, up around 4% on a daily scale. This coincides with the overall market recovery, with our beloved Bitcoin (BTC) soaring to $72,000 and Ethereum (ETH) reclaiming the $3,600 mark. ๐Ÿ“ˆ๐Ÿ“ˆ

There's more good news for SHIB! The development of the layer-2 blockchain solution Shibarium could positively impact SHIBโ€™s value. Launched last summer, Shibarium aims to support the development of decentralized applications (dApps), including DeFi projects, non-fungible tokens (NFTs), and gaming applications, within the Shiba Inu ecosystem. ๐ŸŽฎ๐ŸŽฎ

Shibarium also aims to enhance user experience with high transaction throughput and lower costs, making it an attractive platform for developers and participants in the cryptocurrency space. Earlier this month, Shibarium surpassed the 4 million mark in terms of total blocks. ๐ŸŽ‰๐ŸŽ‰

So, keep your eyes on the prize, BTC fans! The crypto world is full of surprises! ๐ŸŒ๐ŸŒ