Recently, an X article stated that Atomic Wallet has incorporated Shibarium, a Layer-2 blockchain. Now, over five million wallet users have access to this network and its native currencies, SHIB, BONE, and LEASH.
Meanwhile, SHIB, Shibarium’s native cryptocurrency, has grown by 13.41% in the last two days. SHIB team is happy with the latest Shibarium integration. A decentralised, anonymous cryptocurrency wallet for storing different coins is called Atomic Wallet.
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Its users may also stake Proof of Stake (PoS) coins and earn interest on them thanks to its staking function. The admin of the Shibarium Tech Telegram channel, RagnarShiba, and social media marketing guru Lucie, two members of the SHIB team, have posted the Atomic Wallet X post on the integration of Shibarium.
SHIB Team Celebrates New Milestone in Shibarium Adoption,SHIB Team Celebrates New Milestone in Shibarium Adoption
These are the main causes of SHIB price surges. Shiba Inu, the second-largest meme cryptocurrency by market capitalization, has increased by about 13.5% in the past two days, hitting a price of $0.00000910.
The price increase coincided with Atomic Wallet’s integration of Shibarium and the announcement by the Shiba Inu team that they had partnered with renowned Filipino boxer Manny Pacquiao and his charitable organisation.
In addition to accepting cryptocurrency, the Manny Pacquiao Foundation has just started to take SHIB contributions. With the boxer on the cover, the second edition of the freshly released Shiba Magazine disseminated this information. The SHIB team informed its readers that 3,000 magazine cover NFTs will be given away.
SHIB burn rate falls sharply The Shibburn wallet tracker recently released statistics showing that, with as few as 7,706,076 SHIB meme currencies moved to dead-end wallets and trapped there indefinitely, the SHIB burn rate decreased by 52.47% during the course of the previous day.
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That tiny quantity of SHIB was taken out of circulation for good after 16 transactions. Two of the largest transfers that took place here 14 and 13 hours ago transported 3,000,000 SHIB and 1,500,000 SHIB.
The recorded increase in the Shiba Inu burn rate on Wednesday was 968%. The Shibburn website states that, as of right now, the combined efforts of the SHIB community have assisted in the permanent disposal of 410,662,518,032,554 Shiba Inu coins.
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