How Will Binance Surprise the Shiba Inu Army?
Many assume Binance will integrate Shibarium, Shiba Inu's layer 2 solution to boost blockchain scalability and efficiency, due to the teaser's cryptic nature. Shibarium aims to make token transactions quicker and cheaper, which should boost its utility and appeal.
SHIB community member ‘Sand’ hypothesized on X about Shiba Inu's ecosystem coins, BONE and LEASH, and their benefits. She wrote, “Oh Binance, you teaser. Is Shibarium supported? Or will you give the Shib tasty bone and a leash? #ShibArmy awaits!
Kuro, a renowned Japanese Shiba Inu community figure, modified the teaser picture to contain Shibarium, BONE, and LEASH logos, prompting social media curiosity.
Another major rumor is that Binance may burn Shiba Inu tokens like Terra Luna Classic (LUNC). On July 9, community figure Lola urged Binance CEO Richard Teng to burn SHIB using a part of the token's spot and margin trading fees.
The LUNC burning mechanism has been running since 2022 to restart the project following its market meltdown. Previous Binance token burns have reduced token supply and increased token value, making this a heated issue among SHIB holders.
Another SHIB community hypothesis is that Binance might offer another Shiba Inu coin. Pawzone (PAW) is the token of Shiba Inu's main NFT marketplace.
Binance hasn't explained the announced news. This absence of knowledge fuels community conjecture and debate. The incorporation of Shibarium, a new token burn scheme, or anything else might be big news for Shiba Inu.