Shiba Inu Marketing Lead Says Something Special Is Coming – Here’s What We Know

Shiba Inu Marketing Leader, Lucy He made a cryptic announcement to the SHIB community, hinting at something “special” happening and highlighting the possibility of more. SHIB tokens are burned.

An exciting surprise awaits your Shiba Inu

Recent X (formerly Twitter) postLucy: The ecosystem of the Shiba InuAlthough Lucy left out a lot of details about this special event, she Shibakars Collaboration Studio To create exciting surprises.

Shibacals is a studio that manufactures and provides high-quality products for global Web3 companies and authenticates the authenticity of collectibles. Given the studio’s services, Lucy’s special news will include using Shibacal’s products, Token Burn.

In her post, Lucy said: Shiba Inu Community Member She didn’t explain how the Shiba Inu team plans to do it specifically, but Burn SHIB tokens In collaboration with Shibacals, a massive burn will significantly reduce the supply of Shiba Inu tokens.

Token burning is a process carried out to permanently remove a specific number of tokens from circulation. This is usually done by sending them to a unique address, known as the burn address, or Dead WalletToken burns are often done to significantly reduce the supply of a cryptocurrency, inducing scarcity and Increased value.

Despite keeping information about the upcoming surprise secret, many members of the Shiba Inu community took the marketing leader’s tease in a positive light. Asked Regarding the amount of SHIB tokens that the marketing team plans to burn. display Their enthusiasm for the impending Burn suggests they are ready for the event.

SHIB Burn momentum continues in July

Lucy’s Imminent SHIB Bahn This is great news for the community and will be in addition to the large amount of tokens that were burned in July this year. Reports Shiba Inu token burn tracker Shibburn revealed that an unidentified user burned a staggering amount of 290,434,205 SHIB. Shibburn revealed that the tokens were sent to a dead wallet and were done in a single transaction.

Accumulation SHIB Burn Rate It increased by 8,596.57%. push The total amount of SHIB tokens burned from the initial supply has exceeded 410.7 trillion SHIB. The maximum total supply of Shiba Inu is approximately 999 trillion tokens, but the current circulating supply has been reduced to approximately 589.2 trillion.

In June, more than 918 million SHIBs, equivalent to about $15,901 at current exchange rates, were transferred. burnt This was achieved in 237 transactions. The momentum picked up in JulyShibburn continues to record multiple token burns every day.

Shiba Inu price chart on Tradingview.com
SHIB Price Struggles Below $0.000015 | Source: SHIBUSDT on Tradingview.com

Featured image created by Dall.E, chart taken from Tradingview.com

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