New Shibarium Explorer Faces Technical Issues, Here’s Likely Key Reason

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New Shibarium Explorer Faces Technical Issues, Here’s Likely Key Reason
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The explorer of Shibarium mainnet is temporarily down

August SHIB burns surpass July’s by 2x thanks to Shibarium

On Friday, the Shibburn explorer spread the word in its tweet that the month of August was far richer for SHIB burns than July. Compared to July’s 2 billion burned Shiba Inu tokens, in AugustIn the middle of August the Layer-2 solution Shibarium affiliated withwas launched and each transaction began contributing to SHIB burns. Part of the gas fee which is paid in BONE tokens is set aside by the dev team to be converted into SHIB and burned later on, when it exceeds a certain minimum amount.

At the time of this writing, SHIB price shows a rise by 1.30% and is changing hands at $0.00000790. This was a small recovery after the 7.20% price decline which lasted from August 29 until September 1.

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