Popular crypto analyst Del Crxpto has expressed concern over people’s limited understanding of how much of the Shiba Inu (SHIB) token will be burned when leveraging Shibarium, the project’s layer-2 scaling platform. Del Crxpto articulated his worries when recalling his prior tweet on the subject, detailing the misunderstanding that exists about how Shibarium will operate. Complaints were expressed as people looked to increaase the average transaction fee which was announced to be around $0.02 by Unification fund operator and validator Ringoshi Tōitsu. The SHIB team noted that a preponderance of fees would go towards the buy-back and burning of SHIB tokens, with the dregs earmarked to maintain the network and fuel its operations. As of this writing, SHIB trades at $0.00000786, extremely lower than an all-time April high of $0.00008616. The community is eagerly awaiting the release of the Shibarium mainnet, which is speculated to take off during the Blockchain Futuristic Conference in August. After reaching the monthly milestone of 31M transactions in the Shibarium testnet alone, the launch may happen sooner than thought.
