Promoting the Worldwide Adoption of Shiba Inu
The Shiba Inu team has been working hard in recent months, and the lead developer, Shytoshi Kusama, has teased a special announcement. Kusama described it as “game-changing,” and the Shiba Inu marketing lead, Lucie, said it would “break the internet.” As the community eagerly awaits this announcement, Kusama has provided more information about the partnership and its purpose.
In a thread post on X (formerly Twitter) on December 16, Kusama mentioned that he is looking forward to the upcoming announcement. However, he also discussed the ongoing SHIB burns carried out by the team.
SHIB Burns Ramp-Up
The Shiba Inu team is keeping its promise to burn large volumes of SHIB tokens. They recently completed their second large burn, which amounted to over 8.6 billion SHIB worth $85,597. This follows a similar pattern to the first burn on December 5, where over 8.2 billion tokens were burned.
These burns have significantly increased the SHIB burn rate, with a massive 779,000% spike in a single day. There are still more burns expected to come, as Kusama has hinted at burning more than $1.2 million worth of SHIB accumulated from fees from the Shibarium network.
Hot Take: The Path to Global Adoption
The Shiba Inu team is focused on promoting worldwide adoption of the token and blockchain technology. They believe that this can be achieved by ushering in a new era of crypto, blockchain, and Web3 through a decentralized network of leaders and early adopters who are tired of the status quo.
The upcoming partnership aims to provide a finish line to the Shiba Inu experiment and potentially increase the community’s influence. With more burns and increased enthusiasm in the community, the meme coin’s price may see a rise.
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