SHIB Burn Data Not Accessible on Shibarium
On Shibarium, the layer 2 network of the Shiba Inu ecosystem, there is an access issue with the page displaying SHIB burn data. Despite the burn screen on SHIB.IO taking a long time to load, it fails to retrieve the data, and a warning stating 'Burn information could not be loaded' appears on the page. Shibarium was developed to conduct transactions at lower costs and increase network activity. A portion of the transaction fees collected on the network is used for SHIB burns. However, currently, the amount of SHIB sent to the dead wallet cannot be viewed on the page. During the last observed loading period, it was noted that Shibarium had burned over 1 billion SHIB. This level was recorded on May 21, 2025. There is a possibility that the issue stems from a technical glitch. Shiba Inu is a meme coin project that stands out with its large community. However, the unavailability of burn data has raised questions for investors tracking supply reduction. The market remains weak; Shiba Inu has lost about 58% of its value over the past year and is trading at around 0.0000055. The circulating supply is at 549 trillion tokens, which continues to exert pressure on price expectations.
-- Price
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