SHIB Burns Reach 0.00% - Why Is It Bullish?

Key Points

1. SHIB burn rate remains at 0.00%, but the SHIB team transferred 23,767,888 SHIB to unspendable wallets, indicating active burns.

2. The 0.00% burn rate may be due to technical issues rather than a lack of burning activity.

3. Shibarium, a layer-2 solution, offers developers tools to build decentralized applications (dApps), including DeFi protocols and NFT marketplaces with low fees.

4. Shibarium provides a Developer Hub and a testnet 'Faucet' for testing new builds, along with a bridge for asset transfers across networks.

5. An official community-driven burn portal is available to help reduce SHIB token supply.