According to U.Today, Lucie, the social media marketing lead for Shiba Inu, has issued a response to critics of the Shibarium trifecta - SHIB, BONE, and LEASH. In a tweet, she addressed those spreading fear, uncertainty, and doubt (FUD) about these coins, reminding them that all three were among the top 500 coins in the past week. Lucie, who has chosen not to disclose her last name for privacy reasons, urged critics to 'keep your nonsense to yourself' and expressed her belief in SHIB's significant market potential.

In other news, the elusive leader of the SHIB team, known by the pseudonym Shytoshi Kusama, made his first public appearance after years of avoiding the spotlight. He announced his participation in the annual start-up and Web3 conference, IVS2024, in Kyoto, Japan, via a tweet. Videos have since surfaced on the X platform showing a man dressed in black, wearing two masks, gloves, and a hood, interacting with IVS2024 attendees at the SHIB booth. Despite the public appearance, the true identity of the man, believed to be Shytoshi Kusama, remains unverified, allowing him to maintain his pseudonymity.

In related developments, the Shibburn wallet tracker reported a 467% increase in the weekly burn rate of Shiba Inu over the past seven days, compared to the previous week. A total of 364,946,660 SHIB meme coins were transferred to dead-end wallets. However, the daily burn rate saw a 30% decrease, with only 7,931,855 SHIB coins burned.