Shibarium integrated by this Australian exchange: details

John Ghemrawi, CEO of Australia-based crypto exchange GroveX, took to social media platform 2 for Shiba. inu ecosystem

One of the SHIB team members reacted and thanked GroveX for this forward-thinking step they have taken.

GroveX adds support for Shibarium

John Ghemrawi tweeted that the GroveX exchange added Shibarium to its GroveKeeper wallet, adding that “this integration will make #Shibarium one of the leading chains available in our wallet.”

A SHIB team member known as Ragnar, the admin of the “Shibarium Tech” Telegram channel, quickly responded to that tweet, saying that the SHIB team is happy with this integration and thanking GroveX for supporting Shibarum.

“Let’s keep building together and getting Shibarium and Crypto adopted everywhere!!” he wrote in the tweet.

As U.Today previously reported, on September 11, GroveX had listed all three Shibarium tokens, the so-called Shibarium trifecta, Shiba Inu (SHIB), Bone ShibaSwap (BONE), and Doge Killer (LEASH).

Interestingly, in a recent tweet, a member of the SHIB team, Lucie, sent a message to the CEO of the Crypto.com exchange, Kris Marszalek, suggesting that his exchange should integrate Shibarium and assuring him of the support that the SHIB team has for Crypto. .com.

SHIB burn rate shows significant increase

Earlier today, one of SHIB’s main metrics, the rate at which these meme coins are pushed out of circulating supply, demonstrated an impressive 323.82% increase, with a total of 68,119,115 SHIB sent to “hell” wallets.

That took the SHIB army over 15 transactions, the largest of which transported 20,421,186 SHIB and 11,185,475 SHIB 15 and 17 hours ago, respectively.

Earlier this week, the aforementioned Lucie from the SHIB team revealed an important detail about the burning of Shiba Inu meme coins in Shibarium.

He explained that since users connect SHIB tokens from the Ethereum chain to Shibarium, where they are locked in a bridge contract and then replaced by minted SHIB, in order to burn actual SHIB tokens, it is necessary to connect them from Shibarium back to Ethereum. If this is not done, Lucie warns, then the minted version of the SHIB coins will be burned, but the actual SHIB will remain locked in the Shibarium contract.

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