Shibarium’s Marketing Strategist denies being paid to endorse Shiba Inu (SHIB)
Shibarium’s Marketing Strategist, known as LUCIE on Twitter, has dismissed rumors that they are being paid to post articles endorsing Shiba Inu (SHIB) and its developments. LUCIE stated that the mention of the meme coin is due to the immense interest it has garnered, not financial motives.
A ‘Stupid Rumor’
LUCIE described the assumption as “the silliest stupid rumor” about SHIB. They emphasized that the popularity of the meme coin is driving its mention, not any financial incentives. In addition, LUCIE advised crypto investors to hold at least 10 million SHIB tokens in their wallets for good luck, predicting that the asset’s adoption and growth will increase.
LUCIE also debunked the speculation that Shytoshi Kusama, the lead developer of Shiba Inu, spreads misleading articles within the SHIB community. LUCIE found it amusing that people assume they are paying for marketing when in fact, it is based on the memecoin’s omnipresence.
Shiba Inu’s Latest Progress
Shiba Inu and its layer-2 scaling solution, Shibarium, have recently experienced significant developments. The memecoin’s burning rate has increased by 317%, with over 130 million tokens sent to an inaccessible address on September 21. This program aims to reduce the circulating supply of the memecoin, potentially increasing its value in the future.
Shibarium has achieved a major milestone by witnessing a 530% increase in newly verified contracts on September 19. The total number of transactions has surpassed 3 million, and the number of wallets using Shibarium exceeds 1.25 million.
Shibarium, the L2 blockchain solution, was officially launched at the end of August. Its goal is to accelerate the advancement of Shiba Inu by reducing fees and improving transaction speed.