Shiba Inu Unveils SHIB Burn via Shibarium Games
Shiba Inu’s marketing lead Lucie first outlined an innovative on-chain SHIB burn mechanism via Shibarium games, letting users earn and burn SHIB tokens with every transaction. She highlighted the absence of a dedicated SHIB treasury, requiring projects to self-fund through revenue. Emphasizing clear vision and solid execution for Shibarium’s growth, Lucie reiterated SHIB’s status as “the people’s coin,” challenging Dogecoin’s lead. With SHIB’s market cap at $7.9 bn (22nd) versus DOGE’s $35.4 bn (8th), this game-based tokenomics and SHIB burn approach seeks to drive scarcity, boost engagement, and strengthen the ecosystem—potentially supporting price through reduced supply and higher network activity.
Bullish
Embedding a continuous SHIB burn within popular Shibarium games creates deflationary pressure and incentivizes user engagement, both of which can support price appreciation. In the short term, increased on-chain activity and token demand may drive upward momentum. Over the long term, a self-funded, revenue-driven ecosystem with a clear deflationary model enhances network fundamentals and investor confidence. Thus, traders are likely to view this development as bullish for SHIB.