news 
SHIB Burns in Deep Red — What’s Happening?
The recent post by Shibizens) April 5, 2025 has left many wondering what is going on with the SHIB burns. In a shocking turn of events, the SHIB team announced that their blockchain, Shibarium, has reached a crucial milestone – it has begun to burn a massive amount of Shiba Inu tokens (SHIB). The news has sent shockwaves through the cryptocurrency community as it’s not every day we see such drastic measures taken by a project.
According to the post, Shibarium is now creating new blocks roughly every 5 seconds. Each block contains a batch of verified transactions, which adds another layer of security and protection for the blockchain. This means that there are millions of on-chain actions, contracts, and transfers being secured through this process.
The importance of this milestone cannot be overstated. The constant creation of new blocks in Shibarium emphasizes its commitment to transparency and security. The sheer scale of transactions processed also highlights the project’s rapid growth and development, which is a significant departure from other blockchain platforms.
As we continue to monitor these events closely, the implications are far-reaching and crucial for the future of SHIB and Shibarium.
Source: https://u.today/shib-burns-in-deep-red-whats-happening
