Shiba Inu burned 76 billion tokens in 2023, reducing its circulating supply to increase potential value. The token's price has seen a 5% increase in the last 24 hours and a 30% increase in the past month. Additionally, the Shibarium layer-2 blockchain solution has achieved significant milestones, with over 200 million transactions and nearly 2.5 million blocks since its launch in 2023. Shibarium aims to improve efficiency and scalability by handling transactions off the main blockchain, resulting in lower fees and faster processing times.