As a seasoned crypto investor with a penchant for the unconventional and the innovative, I’ve seen my fair share of market buzz and hype. However, the recent teaser from Lucie about the “groundbreaking project” in the Shiba Inu community has piqued my curiosity more than ever. The air of mystery surrounding this announcement has got me hooked, much like a dog chasing its tail – or perhaps a Shiba Inu chasing its own tail!
The pseudonymous marketing lead of the SHIB team known as Lucie has published a tweet to announce that Shibizens have been excited recently about a “groundbreaking project” that is being widely discussed.
Nevertheless, there appears to be a lack of certainty about what’s to come. Yet, the Shiba Inu community remains abuzz with anticipation.
“Something big is coming”
Lucie indicated that there’s been chatter among Shibizens regarding a “puzzling announcement” concerning an “innovative initiative,” hinting at some major development on the horizon. The marketing head of SHIB added that there’s a lot of guesswork in the air, but the specifics of this groundbreaking project remain uncertain.
She suggested that it could be one of the following: “Shib Marketplace”, “Shibahub”, the launch of the much-anticipated TREAT token or maybe even “a whole new world.”
The SHIB development team is currently juggling multiple projects at once, such as the SHIB Virtual World, SHIB Trading Platform, TREAT token, and a layer-3 blockchain on Shibarium. This year, they’ve introduced two significant upgrades (hard forks) to Shibarium to enhance its efficiency, transaction speed, reduce gas fees, and overall user experience.
Using one such hard fork, the Shiba Inu development group introduced a burn platform that will trigger the burning of SHIB tokens automatically. This process involves changing BONE (a savings token) accrued from gas fees into Shiba Inu tokens and then transferring these coins to inaccessible wallets.
Lucie warns against using centralized exchanges
In a recent tweet, SHIB marketing expert Lucie highlighted the growing importance of decentralized finance (DeFi) to discourage SHIB fans from using centralized exchanges. Lucie mentioned the recent exploit of the BingX exchange when 3.8 billion KNINE tokens affiliated with the strategic SHIB partner K9 Finance were stolen.
Lucie pointed out that BingX is another exchange that leaves teams like the K9 group in a lurch when they require clarification.
This includes learning how to use a DeFi wallet, learning the blockchain basics, and moving one’s coins to a hardware wallet. Lucie also reminded the community about the recent hack of the largest exchange in India – WazirX and billions in SHIB coins stolen from there by the hacker.
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2024-09-24 11:16