The Shiba Inu team is pushing the limits to complete projects and swiftly bringing Shibarium, the groundbreaking layer-2 blockchain, to fruition at the earliest possible juncture.
Lucie, the marketing lead of the Shibarium ecosystem, revealed this strategic plan following a meeting with Shytoshi Kusama, the lead developer of Shiba Inu. In a Thursday tweet, the pundit affirmed the team’s dedication to having the Shibarium network fully operational and independent by December 2025, unlocking its expansive capabilities.
“In the wake of my discussion with ShytoshiKusama, I’m limited in what I can disclose, but I’ll share this much: Our objective is to wrap up everything by the year’s end, with the complete realization of our vision targeted for 2024/2025. While it’s not a guarantee, it stands as our fervent aspiration.” Lucie wrote.
Lucie further emphasized the potential transformative impact on Shibarium upon completing all projects, highlighting the substantial utility that will be unlocked for ecosystem tokens such as BONE and SHIB. Additionally, she pointed out that this development would significantly reduce SHIB through increased utilization of decentralized applications (DApps).
Notably, the SHIB community has been eagerly anticipating the implementation of an automatic SHIB burning mechanism through Shibarium transaction charges, especially considering that the current method involves manual burning. Although manual burns have significantly reduced the circulation of SHIB tokens over the past two months, an automated mechanism could effectively accelerate the reduction of SHIB, thereby enhancing the token’s intrinsic value to the much coveted $0.001 price trajectory.
This announcement comes just a week after Lucie revealed an ambitious plan to onboard 1,000 new projects onto the Shibarium network, underscoring Shiba Inu’s dedicated commitment to growth and the thriving community surrounding the meme coin. In her post, Lucie emphasized that integrating numerous projects into Shibarium is not intended to negate existing ones.
In a tweet on January 30, she also disclosed that Shibarium “is attracting important and strategic partnerships that will boost growth and bring positive fundamentals to BONE, SHIB, and LEASH.”
She also disclosed that she has been proactive, engaging partners with questions about their offerings for the SHIB community, including queries about potential SHIB burns, stating that it demonstrates the ShibArmy’s ethos of “supporting those who support us.”
