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Home»Altcoins»Harsh Truth About SHIB Burns Revealed by SHIB Team
Altcoins

Harsh Truth About SHIB Burns Revealed by SHIB Team

NBTCBy NBTC25/05/2025No Comments3 Mins Read
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The pseudonymous marketing lead of the SHIB team, Lucie, has sent a harsh critique at those token makers who burn coins just for the same of promoting their own products. She clearly talked about SHIB burns.

Lucie also proposed two key ways of how anyone could support their own tokens without using the name of Shiba Inu.

“The biggest crypto nonsense I’ve ever seen”

Lucie has poured criticism over initiatives of third-parties to burn SHIB and brag about that to promote their own tokens not related to SHIB what-so-ever. Lucie has called it “the biggest crypto nonsense” she has ever seen and that is: “using an unknown s*coin to burn your favorite asset.”

The biggest crypto nonsense I’ve ever seen: using an unknown shitcoin to burn your favorite asset.
If you want to support your token, burn directly or just buy more.
Without proper, persistent daily burns, it’s all nonsense.
We’ve witnessed this firsthand with SHIB — 100x – all…

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) May 13, 2025

She suggested that if any third-party team that has made their own token want to support it, they should “burn directly or just buy more.” The SHIB executive underscored the importance of burning tokens consistently on a daily basis. Otherwise, she said, it will not work: “Without proper, persistent daily burns, it’s all nonsense.”

Such huge burns took place earlier this year and at the end of 2024 as well, according to U.Today reports. In March, two mammoth burns helped to remove 1 billion SHIB each and they were performed by the team behind the meme coin CENT. In November last year, an anonymous leader of the SquidGrow meme coin, @Shibtoshi_SG also burned a couple of billions of SHIB.

ChatGPT agrees, says this is a gimmick

Lucie addressed ChatGPT with a question if she is right or biased on this token burn issue. The OpenAI-produced chatbot agreed with her. The bot’s reply was: “Burning your favorite asset by buying an unrelated, unknown “burn” token is just a gimmick and – often a trap.”

pic.twitter.com/ND4eBcOOLO

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) May 13, 2025

It continues, saying that if a project wants to support burns of their token, they should “burn them directly from their own supply or revenue,” incorporate automatic and transparent burning mechanisms, or let their community contribute to those burns in a trackable way.

28 million SHIB burned today

Data shared by the Shibburn tracker reveals that over the past 24 hours, the joined efforts of the Shiba Inu community have helped to remove a total of 28,793,847 SHIB from the circulating supply.

Still, the burn rate rise is less than significant, totalling just 1.76%.


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