Shibarium, a Layer 2 solution in the SHIB ecosystem, is fostering genuine projects but also exposing manipulative schemes within the network.
Lucie from the Shiba Inu ecosystem highlighted how Shibarium is driving real developers towards purposeful projects while cautioning against supporting ventures based on sympathy or manufactured hype.
Shibarium is set to implement a technical update to enhance decentralization by requiring users and developers to run their own nodes, aiming to reduce dependency on centralized systems and ensure long-term stability.
The SHIB community has intensified its token burn efforts, removing over 37.9 million SHIBs from circulation in 24 hours to strengthen the token's value proposition, although its price saw a sharp decline recently.