An official marketing expert from the Shiba Inu team, known on social media as Lucie, took to App X (formerly known as Twitter) to deliver a message from the SHIB team to the CEO of major exchange Crypto.com.
Lucie tweeted that she just wanted to show the SHIB team’s support for Crypto.com: “They’re doing a great job!” She also offered her CEO Kris Marszalek to integrate the promising Layer-2 Shibarium blockchain launched by SHIB developers in mid-August.
Lucie believes that the Shibarium integration would be a “fantastic addition” to the Crypto.com exchange.
Lucie explains the importance of connecting assets before burning SHIB
In another recently posted tweet, Lucie explained to the community the great importance of uniting Shiba Inu meme coins before burning them.
She claimed that when users initially send their SHIB to Shibarium, the coins become locked in the bridge contract and their minted substitute version begins to circulate on the Shibarium blockchain.
Therefore, when users decide to burn their SHIB taken from Shibarium (send them to dead-end wallets), they do not burn actual SHIB but the minted version of those coins. The originals remain locked within the bridge contract.
To burn real SHIB, users who are part of the Shibarium project and want to burn their Shiba Inu must first connect their Shibarium version of SHIB to the original meme coins and release them from the contract. Only then will the token burn be effective and actually reduce the circulating supply of Shiba Inu.
“Developers do not control the price of SHIB”
Lucie also reminded the community that “there is no magic in the world of cryptocurrencies.” Those who invest in cryptocurrencies need to know how it works in reality and understand all the market mechanisms involved.
The SHIB expert made it clear that the developers of any cryptocurrency, “especially when it comes to SHIB,” cannot influence the price. She believes it is “the holders and investors who have the power” here. So if someone is not happy with the developers’ work, “it’s better to move on,” she advised the community, adding again that “there are guarantees of getting rich overnight.”
The important thing, according to Lucie, when making an investment in cryptocurrencies, is to understand the technology and then, based on that, make informed investment decisions.
One curious thing I add about Shiba Inu in particular is that “tokens like SHIB can experience significant price increases in a short period of time. sometimes 1000% more in the week“And if investors give up before that without studying the underlying technology and understanding it, they may regret it, he said.
“In such cases, it is crucial to make wise decisions. But please take the time to learn how cryptocurrencies work,” Lucie emphasized.
