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Shibarium TVL hits $1 million while SHIB tokens grow scarce

Shibarium TVL hits $1 million while SHIB tokens grow scarce

On December 23, Shibarium’s TVL reached a high of $1.13 million, marking the first time since September.

Over the past week, a staggering 97% increase in the token’s burn rate has resulted in over 17 billion SHIB tokens being withdrawn from circulation. In addition, over 8 trillion SHIB have been withdrawn from crypto exchanges since November.

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