As a researcher with experience in the cryptocurrency market and specifically the Shiba Inu (SHIB) ecosystem, I find Lucie’s recent statements intriguing. The potential for SHIB burns through collaborations like the one between the Shibacals studio and the Shiba Inu team is an exciting development. However, the specifics of how this will be executed remain unclear.
The Shiba Inu team is reportedly planning something unique regarding SHIB token burns, as revealed by marketing lead Lucie. She dropped a hint, sharing that she and the Shibacals Collaboration studio are collaborating on this project, “working on something special together, like cooking up a tasty dish.”
One potential situation unfolding involves Shibacas utilizing a portion of their earnings from merchandise sales such as SHIB-labeled hoodies and mugs, to purchase SHIB tokens. Subsequently, they may choose to eliminate these tokens from circulation by transferring them to wallets rendering them non-spendable. This action could potentially decrease the current supply of Shiba Inu coins available in the market. However, Lucie has yet to disclose specifics regarding how this SHIB burning collaboration between Shibacas and Shibaswap will transpire.
On Monday, the SHIB community set a new record for daily coin burns, with over 301 million Shiba Inu meme coins destroyed, representing a staggering 4,667% increase. However, the pace of burning has significantly slowed down in the last 24 hours. According to Shibburn tracker data, only about 203,721 SHIB have been burned during this period.
Lucie issues important warning to SHIB army
Today, Lucie, the marketing head of SHIB, took to Twitter to issue a caution to the Shiba Inu community regarding the unpredictable nature of the cryptocurrency market and the necessity of safeguarding one’s investments in this domain.
Lucie cautioned the group, emphasizing that in this particular environment, “true friendship may not exist; people could feign camaraderie for extended periods only to betray unexpectedly.”
As a crypto investor, I strongly believe in trusting my intuition and conducting thorough research on my own before making any investment decisions. The SHIB executive’s advice resonates with me – to avoid potential mistakes that could result in losing precious funds, it’s essential to follow your instincts and do your own due diligence.
Big Shibarium prize pool being prepared
Lucie added that Shibarium users can look forward to a generous reward during summer. A sizable prize pool of $2,000 is being prepared for this giveaway, which will be managed by the Discord Shibarium Team and backed by the SHIB development community.
As a researcher, I’ve discovered that $2,000 is currently equivalent to an impressive 115,170,709.2 SHIB tokens in circulation. However, there hasn’t been any definitive announcement regarding how this giveaway will be executed. The dedicated team behind SHIB is actively brainstorming ways to ensure a seamless and inclusive experience for the entire SHIB community.
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2024-07-02 17:19