Crucial SHIB FUD Warning Issued by Shiba Inu Team

Key Points of the Article:

Warning Against Spreading FUD: Lucie, the marketing lead for Shiba Inu, issued a warning to members of the SHIB community who spread fear, uncertainty, and doubt (FUD) about the Shiba Inu token. She stated that neither the SHIB team nor its real holders would be influenced by such tactics.

Need for New Ecosystem Features: Lucie emphasized the importance of introducing new features to the Shiba Inu ecosystem, such as SHIB DAO (Decentralized Autonomous Organization), SHIB Socials, SNS (Shib Name Service), and KRC (Karma and Reputation System). These features are intended to enhance the governance and community participation in the ecosystem.

Criticism of Negative Speculations: Lucie addressed the criticism and misinformation circulating around SHIB, where critics allegedly mix several negative speculations with occasional positive remarks to appear objective. She emphasized that the community does not support these misleading comments.

Future of SHIB Governance: Lucie suggested that the SHIB team, including herself and lead developer Shytoshi Kusama, may eventually step back from their roles once governance is fully handed over to the community. However, she affirmed her commitment to remaining a SHIB holder and participating in ecosystem decisions.

Increase in SHIB Burn Rate: The SHIB community managed to reduce the circulating supply of SHIB by approximately 1,500,000 tokens over the past 24 hours, resulting in a 24.71% increase in the burn rate. The burns were conducted through five transactions, with the largest involving 741,564 SHIB.

Vote on Welly’s Donation: There is an ongoing vote on how to utilize a 37.5 ETH donation made to the SHIB team by its partner, Welly’s fast food chain. One of the options in the poll is to convert the donated funds (nearly $100,000) into SHIB tokens and subsequently burn them.

Source: https://coinmarketcap.com/community/articles/66d6f0e91e7bc83aacbfc750/ Show Less

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