Lucie, the marketing lead for the Shiba Inu ecosystem, has responded to worries regarding the token's large supply, seen as a drawback by some in the SHIB community. Plans are in place to decrease the supply, sparking hope among community members for a potential price surge of SHIB. Lucie explained that the token supply cannot be altered as the project's creator, Ryoshi, burned the keys, relinquishing control. The only way to reduce supply is through active purchase and burning of SHIB by users. The community plays a vital role in maintaining the value of SHIB coins. A strategy to attract more users to SHIBARIUM, a Layer-2 blockchain network, aims to increase burning of SHIB, enhancing its value. The introduction of ShibTorch on Shibarium further boosts the burn rate. Despite a recent drop in burn rate, efforts to reduce SHIB supply continue, with the hope that increased adoption will lead to a rise in SHIB's price. Read more AI-generated news on: https://app.chaingpt.org/news

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