SHIBarmy has not managed to beat this massive burn transaction made this week. Shibburn Shibarium
rise of nearly 3%Over the past week, Shiba Inu has lost nearly 13%. This could be attributed to the fact that the Shibarium mainnet has not been launched yet, even though at the start of the year, lead developer Shytoshi Kusama hinted that this may happen before May.
Now, the community keeps asking him again"wen Shibarium" on its official Telegram channel. Shytoshi recently responded to them that his words about May had been taken out of context and that he is focused on work, not on particular dates. Still, the admins of that channel have recently stated that"good news" and updates are coming"very soon."The flagship cryptocurrency Bitcoin, on the contrary, has been going up. On Wednesday, it managed to recover the $28,000 price level after the CPI report came out lower than expected. The decline in consumer prices means that the Federal Reserve may now decide to put further rate hiking on hold.
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