- Lucie, the marketing specialist of the Shiba Inu team, expressed unwavering determination to propel Shibarium to the top of the cryptocurrency market, despite challenges and changes.
- She revealed her personal investment in Shibarium-related assets and highlighted the significant surge in daily transactions, emphasizing the community’s efforts to reduce SHIB’s circulating supply through burning initiatives.
In a bold and determined move, Lucie, the official marketing specialist of the Shiba Inu team, recently took to Twitter to express unwavering confidence in the future of Shibarium, the team’s innovative Layer-2 solution. Lucie’s bullish tweet reaffirmed the team’s commitment to propel Shibarium to the pinnacle of the cryptocurrency market, undeterred by challenges or changes within the ecosystem.
“Shibarium to reach top no matter who comes or leaves,” declared Lucie in a tweet that reverberated across the Shiba Inu community. This resolute statement encapsulates the team’s relentless pursuit of excellence and market dominance for Shibarium.
Lucie’s tweet not only conveyed determination but also transparency, revealing her personal stake in Shibarium-related assets, including SHIB, LEASH, BONE, and unique NFTs like Shiboshis Poseidon and Sheb Zeus. This disclosure underscores her deep belief in the project’s potential and aligns her interests with those of the broader community.
Despite market fluctuations and regulatory developments, Lucie remains optimistic about Shibarium’s trajectory. She highlighted the recent surge in daily transactions on Shibarium, citing data from the Shibariumscan explorer. On April 12, transactions spiked to 288,690—an astonishing 5,027% increase from the previous week. This surge reflects growing adoption and utilization of Shibarium’s Layer-2 capabilities.
However, these numbers, impressive as they are, pale in comparison to the peak daily transaction count observed on March 16, which exceeded 1 million transactions. Nevertheless, the overall transaction count on Shibarium stands at a formidable 414,188,352, underscoring its significance within the broader Shiba Inu ecosystem.
HOURLY SHIB UPDATE$SHIB Price: $0.00002435 (1hr 0.92% â–² | 24hr -11.80% â–¼ )
— Shibburn (@shibburn) April 13, 2024
Market Cap: $14,361,421,740 (-11.47% â–¼)
Total Supply: 589,275,105,026,957
TOKENS BURNT
Past 24Hrs: 1,021,980 (-68.29% â–¼)
Past 7 Days: 258,429,729 (15.19% â–²)
Meanwhile, the Shiba Inu community continues to actively reduce SHIB’s circulating supply through burning initiatives. Over the last seven days, 258,429,729 SHIB tokens have been destroyed—a 15.19% increase in the weekly burn rate. However, daily burn rates have seen a decline, with recent figures showing a decrease of over 68% compared to previous periods.
In the wider cryptocurrency landscape, developments like the potential approval of a spot ETF in Hong Kong signal ongoing market evolution. This ETF, focused on Bitcoin and Ethereum, could introduce new dynamics to the market, influencing trends and investor sentiment across various digital assets, including SHIB.
As Shibarium gains traction and the Shiba Inu community remains steadfast in its commitment to reduce supply, Lucie’s unwavering optimism embodies the team’s ethos. The journey towards making Shibarium a leading force in the crypto space continues unabated, with Lucie and the Shiba Inu team at the forefront, pushing boundaries and driving innovation.
About the Author
