Jakarta, Pintu News – Shiba Inu (SHIB) continues to evolve by bringing new ways to earn and burn tokens through gaming, while taking a bold step towards full decentralization.
Lucie, Shiba Inu’s marketing lead, recently shared some key insights into SHIB’s development and innovative token burning strategies.
Lucie emphasized that while many projects claim to be “the next SHIB,” none truly share the same vision or community spirit.
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According to him, SHIB remains – and will always be – “the people’s coin,” built on trust, dedication and a passionate community.
However, building an ecosystem on top of SHIB is not as easy as imagined or as echoed in the media.
Lucie explained that development requires funding, while there is currently no dedicated treasury for SHIB nor direct access to token supply to finance the project.
This means that any new product must be able to prove its ability to generate revenue before it is actually developed. He emphasized the importance of understanding this financial reality, rather than spreading unrealistic expectations on social media.
The SHIB team’s gaming projects are not just about entertaining players, but also rewarding SHIB tokens while helping the supply burn process through transactions on Shibarium. This move has the potential to strengthen the value of the token over time.
SHIB burns are important because they reduce the total supply, which in turn can drive up the value of the coin.
Currently, Shiba Inu’s burn rate is down by 89.17%, with only 276,576 SHIB tokens burning in the last 24 hours (9/8).
On August 9, SHIB was trading at $0.00001367, up 6% in the last 24 hours.
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Analyst Javon Marks mentioned that after the confirmed divergence earlier this year, SHIB is potentially poised for a big move.
He predicts the price could jump more than 156% to reach $0.000032, and this may just be the beginning of a longer upward trend.
Shiba Inu aims to rival Dogecoin – the “people’s currency” popularized by Elon Musk – despite Dogecoin’s current market capitalization of $35 billion, far ahead of SHIB’s $7.9 billion.
Shytoshi Kusama, one of the lead developers of the SHIB project, recently revealed that entering its fifth year, Shiba Inu is getting closer to full decentralization.
In the near future, community elections will be held to determine the interim president and DAO board that will guide the next phase of SHIB. This president will lead the project’s multi-DAO structure as well as help manage the wider ecosystem, marking an important step towards fully community-led governance.
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