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Important Warning to SHIB Community from Shiba Inu Team

Sep 3, 2024
  1. Lucie Addresses SHIB Community
  2. SHIB Burn Rate Enters Green Zone

Shiba Inu marketing leader known under the pseudonym Lucie has issued an important warning to SHIB community members spreading fear, uncertainty, and doubt (FUD) about the Shiba Inu token.

Lucie Addresses SHIB Community

In a recent tweet, Shiba Inu marketing expert Lucie talked about hearing FUD and misinformation about SHIB and its ecosystem all the time. She said that SHIB is often compared to 'another ten tokens.' Lucie stressed that the SHIB team will not fall for these tricks. She also shed light on why the Shiba Inu ecosystem needs new features such as DAO, SNS, KRC, and others.

We need SHIB DAO, SHIB Socials, SNS, and KRC. It's Shib here and Shib there, but when you focus, all you hear is FUD, misinformation, and mentions of another ten tokens.None

SHIB Burn Rate Enters Green Zone

According to updated figures published by the Shibburn tracker, over the last 24 hours, the SHIB army has succeeded in reducing the circulating SHIB supply by approximately 1,500,000 SHIB meme coins. This signified a minor rise of 24.71% in the SHIB burn rate over the last day. This amount of meme coins was transferred to unspendable blockchain addresses in five transactions, with the largest one carrying 741,564 SHIB. Currently, there is a vote taking place on what is to be done with a 37.5 ETH donation made to the SHIB team by its partner, Welly’s fast food chain. One option in the poll is to convert that money (slightly under $100,000 in fiat) into SHIB and burn those meme coins.

Marketing leader Lucie reminded that it is important not to succumb to misinformation and to strive for the development of the Shiba Inu ecosystem. Future steps will be aimed at strengthening the community and introducing new features.

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