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Shibarium has accumulated about $0.402089387772 BONE tokens for Shiba Inu burn, with the network aiming for $25,000 worth of BONE.
In a recent tweet, Shibburn, the prominent Shiba Inu burn tracker, provided insights into the ongoing efforts surrounding Shibarium’s SHIB burn contribution, especially in the area of BONE accumulation.
Shibburn disclosed that its previous estimate for accumulated BONE tokens on Shibarium for SHIB burn had been fairly accurate using average fee data. However, Shibburn noted a significant shift when its tracker recalculated blocks from the past week.
Notably, the figure represents the amount of BONE the Shibarium blockchain has amassed from transactions to potentially burn Shiba Inu.
Shibburn mentioned that transactions around September 12 and 13 exhibited a noteworthy surge in gas fees. It stated that some transactions consumed as much as 60% to 70% of the total gas limit.
Given that the current accumulated BONE stands at 0.512012928597, worth $0.402089387772, the tracking page indicated that Shibarium needs 5,395,429,261,093,135 (over 5.39 quadrillion) transactions to reach $25,000 in BONE. With $25,000, Shibarium would burn 3,443,526,170 (over 3.4 billion) Shiba Inu.
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