According to U.Today, Lucie, the official marketing specialist of the Shiba Inu team, has expressed strong confidence in the success of Shibarium in the cryptocurrency market. In a recent tweet, Lucie stated that the team's goal is to see Shibarium at the top of the cryptocurrency market, regardless of any changes in the team's composition. She also revealed that she holds several Shibarium-related assets, including SHIB, LEASH, BONE, Shiboshis Poseidon, and Sheb Zeus.
Lucie also expressed her belief that the cryptocurrency market will continue to experience corrections, even during a bull market. This is particularly likely as the spot cryptocurrency ETF in Hong Kong gains approval. Earlier this week, it was reported that a spot ETF, which will allow investors to gain exposure to Bitcoin and Ethereum, is about to be approved in Hong Kong.
In related news, Shibarium, the Layer-2 solution, has seen a significant increase in the number of daily transactions performed by users. Data from the Shibariumscan explorer revealed that on April 12, the number of transactions soared to 288,690, a 5,027% increase from 5,630 on April 5. However, this is still small compared to the daily transaction count of 1.04 million transactions recorded on Shibarium on March 16. The overall transaction count stands at 414,188,352, with the number of wallets linked to Shibarium totaling 1,410,420.
Meanwhile, the SHIB community continues to burn coins to reduce the circulating supply. Data from the public wallet tracker Shibburn shows that over the last seven days, 258,429,729 Shiba Inu coins have been destroyed, increasing the overall weekly SHIB burn rate by 15.19%. However, the daily burn rate has decreased by over 68%, with only slightly over 1 million meme coins burned in the past 24 hours.