To highlight certain aspects of Shibarium and call the SHIB community’s attention to them, the official marketing expert of the Shiba Inu team, @LucieSHIB, sent a message on the X app (formerly Twitter).
Lucie specifically explained how adding shibarium can boost SHIB burns but would cost the SHIB army a bit more.
“It won’t burn SHIB if you don’t use it”
According to Lucie’s tweet, SHIB token burning will be more successful if there are more individuals and organisations using Shibarium. The community should work towards this goal even if it could take a while.
More details concerning SHIB burns will be disclosed in the material that Lucie promised would soon be made available to the public.
Shibarium fees will likely rise, good for SHIB burns
Lucie then inquired as to whether rising prices for Shibarium may be anticipated. That is unquestionably the case, she noted in the article, as “the more you use Shibarium, the higher the traffic, which drives up petrol fees.”
Shytoshi Kusama, the principal developer, commented on recurring calls to burn all of the Shiba Inu in a screenshot that Lucie also shared. According to Kusama’s writing, doing so would cost billions of dollars, therefore they came up with a different strategy: speeding up SHIB burns by using the Layer 2 solution, Shibarium, which has already been established and relaunched. The way the process works is that developers set aside a percentage of the gas fees in BONE tokens, which are eventually converted to SHIB and transferred to dead-end wallets.
SHIB burns are weak thus far without the active application of Shibarium, sporadically exhibiting a significant elevation in the green zone. As of Sunday, it was 500%. Over 500,000,000 Shiba Inu meme coins were donated to a fictitious furnace throughout last week.
The number of linked user wallets has already crossed one million, while the total number of transactions on Shibarium is currently approaching one million.
