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Shibarium’s rise: How the new L2 impacts Shiba Inu’s price, burn rate

AMBCrypto LogoAMBCrypto11h ago

Shibarium’s rise: How the new L2 impacts Shiba Inu’s price, burn rate - AMBCrypto

Quick Summary:

Shiba Inu's ecosystem is seeing major shifts as Shibarium, its Layer 2 solution, gains adoption.

Recently listed by L2 Beat, the mechanism of Shibarium has been explained by one of its key developers, drawing attention to its unique sidechain structure.

Shiba Inu’s price has followed a downward trend recently, trading at $0.00001751 at press time, marking a 0.51% daily decline.

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Shibarium’s rise: How the new L2 impacts Shiba Inu’s price, burn rate - AMBCrypto (Picture 1)Shibarium’s rise: How the new L2 impacts Shiba Inu’s price, burn rate - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-03 @ 03:00:15 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 25760325

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 13 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story "Shibarium’s rise: How the new L2 impacts Shiba Inu’s price, burn rate" has 578 words across 27 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Shibarium’s rise: How the new L2 impacts Shiba Inu’s price, burn rate" was covered 11 hours ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 13 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #25760325
  • URL: https://beamstart.com/news/shibariums-rise-how-the-new-17385518426147

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