The Shibarium Weekly Bark
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Shibarium's DAMN Coin Explodes 523%: BONE-Burning Mechanism Fuels Rally

Shibarium's DAMN Coin Explodes 523%: BONE-Burning Mechanism Fuels Rally

Your weekly dosis of Shibarium

Carlos Gonzalez
March 24, 2024

Welcome back, Shiba lovers! 🦊❤️

This is The Shibarium Pack, the newsletter where we provide the most valuable insight and overview of the Shibarium Network.

This is what we are serving today:

🔥 Hot new
👀 Must watch news
🐕 The Shibarium Weekly Bark🐾
🛠️ Tech Tails
📈 Market Movements
📊 Shibarium tokens overview
🤝Helpful source of the week
🔥📊 The Burn Chart
🚀 Shibarium Coins & Projects

🔥 Hot new

Buckle up, Shibarium enthusiasts! $DAMN, a new meme coin on Shibarium, is on fire with a scorching 523% price increase in just 3 days! This meteoric rise is fueled by a recent burn that slashed supply and a unique mechanism for burning $BONE with each transaction.

The community is buzzing with excitement, calling $DAMN a promising sign for the future. DAMN's burning system not only benefits itself but also potentially boosts $BONE. To capitalize on this momentum, community members are pushing for $DAMN to be listed on major exchanges like MEXC and Gate.io.

Key takeaways:

Shibarium Can Foster Successful Projects: DAMN's success story highlights Shibarium's potential to nurture new projects. This can attract more developers and users, boosting the network's growth and adoption.
Community-Driven Ecosystem: The community's active support for $DAMN showcases the collaborative spirit of Shibarium. This united front can significantly impact the project's success.
Potential Ecosystem Growth: A thriving Shibarium with valuable tokens like $DAMN can benefit the entire Shibarium community by potentially increasing the value of $BONE and $SHIB. This positive momentum strengthens Shibarium's position in the crypto space.

Zooming out: DAMN's success demonstrates the potential of the Shibarium ecosystem. It showcases a thriving community, a platform for project growth, and the possibility of value creation for all stakeholders. This can attract more users and developers, solidifying Shibarium's position in the ever-evolving DeFi landscape.

We must prepare for what´s coming and make decisions now! We are still on time!

👀 Must watch news

Shiba Inu Ecosystem Blooms: BONE Jumps 44% With $3 Target In Sight

Bone ShibaSwap (BONE) defies the market trend, showing impressive gains and resilience. Analyst SHIB Knight predicts a potential price surge to $3 due to a strong chart signal and a recent rally.

Shiba Inu Price Soars 10% In Reaction To Explosive 2,367% SHIB Burn Surge

Shiba Inu (SHIB) price jumped nearly 10% due to a market rally and a massive surge in token burning. The burn rate increased by 2,367% in 24 hours, destroying millions of SHIB. This community effort to reduce supply lifted investor spirits and sent the price soaring.

Shiba Inu Sees Surge In Worldwide Interest; Here Are The Leading Countries

Shiba Inu surges in popularity, becoming one of the most searched cryptocurrencies on Google. Recent price gains, ongoing development projects, and a strong community fuel this global interest. Despite a price correction, SHIB boasts strong fundamentals and bullish predictions for future growth.

🐕 The Shibarium Weekly Bark🐾

Spotlight Interview: This week our content editor, The CG, talks with the Sharbi guy, the creator of the Sharbi Token, and a well-known person in the ecosystem.

This time it was our pleasure to meet the Sharbi guy, a person who has been involved with Shibarium since its inception. He is someone who truly believes in the ecosystem and owns a token named Sharbi.

Sharbi guy telegram user: @Ornge_Mcha

Sharbi is a community-driven, multichain crypto on Arbitrum, ETH, and Shibarium, offering USDC and BONE rewards. It's a MEME 2.0 token powered by a decentralized WEB3 community.

I took the highlights from the interview so you can understand it easily.

Here are the highlights of the interview:

1. Early Involvement and Community Focus:

Sharbi Guy has been involved with Shibarium since its early stages, even organizing a pre-launch charity event.
He emphasizes the importance of community support and collaboration among projects within the Shibarium ecosystem.
Sharbi strives to be a supportive project and believes this collaborative spirit is crucial for future growth.

2. Long-Term Vision for Shibarium:

Sharbi Guy sees Shibarium as a platform that can foster both serious DeFi applications and innovative, fun projects.
He suggests initiatives like grants or hackathons to attract fresh ideas and resources to the ecosystem.
He emphasizes the importance of Ryoshi's vision and believes Shibarium can bring out the best in its community members.

3. Advice for Newcomers:

Sharbi Guy advises newcomers to "not fade it" and highlights the early days of Shibarium as an opportunity.
He recommends finding established projects with strong communities, like Sharbi or Marswap, to invest in.
He believes this is a good time to get involved as the Shib team starts promoting Shibarium more actively.

I hope this interview gave you the correct mindset about Shibarium, which is an ecosystem with huge potential and will prove itself in this next bull run and upcoming years.

This is the Link to the telegram group where they give information about the SHARBI project and upcoming updates.

Also, you can access SHARBI’s website here to learn more about it.

We are still early! 🚀

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🛠️ Tech Tails

Shibarium to Become Top 5 Blockchain: Here is Why

Shiba Inu's marketing lead, Lucie, is bullish on Shibarium, predicting it will become a top 5 blockchain. Despite a rocky launch, Shibarium has seen high transaction volume and is constantly improving. While the current value locked (TVL) is low, it's one of the most active blockchains on NowNodes' platform.

To benefit SHIB, Lucie encourages projects to build on Shibarium, leading to more burns, rewards, and exposure for the entire Shiba Inu ecosystem.

Shiba Inu Continues SHIB Burns Through Shiboshis NFTs

Shiba Inu burns SHIB tokens to reduce supply and increase value. Shibarium, their layer-2 solution, is the main burner, with over 56 billion SHIB incinerated. Shibarium might get an automated burn mechanism for even faster burning. Shiboshis NFTs, though less frequent, also burn SHIB through name changes (for a fee).

They recently burned 1.883 million SHIB tokens.

Unstoppable: Marswap Rolls Out Revolutionary Projects to Blast Shibarium's Growth

Marswap is shaking things up in Shibarium with their new Marswap Aggregator. This innovative tool promises to slash trading costs by 15% thanks to its smart routing tech. It's not just efficient, it also injects new life into Shibarium by boosting liquidity.

This could even raise the value of BONE, Shibarium's gas token. Marswap Aggregator is user-friendly and accessible, with free integration and white-label options.

📈 Market Movements

Your weekly dose of market insights. This time, we have TSO again.

Last week´s analysis

We didn´t nail it at all, but the current market move is under our predictions.

Current state. Hold tight!👀

This week, we have SHARBI.

Current state & prediction

This is our prediction of the movement, which includes a rise in the price and then a drop under the trendline. We´ll check it again next week.

Shibarium token overview📊

🦊Ryoshi (RYOSHI) $0,00002050 | 12K Volume | (-10.35%)🔴 24H Change

🦊Shiba Inu (SHIB) $0,0002629 | 7.4K Volume | (-0.27%)🔴 24H Change

🦊ChewySwap (CHEWY) $0,08933 | 3.8K Volume | (-5.26%)🔴 24H Change

*Prices are at 1 pm EST.

🤝Helpful source of the week

This week we want to share a telegram channel that the creator of the newsletter, Casey Stubbs, created to help people learn important things about trading and the Shibarium ecosystem.

He always shares valuable content that you will enjoy. Get into the channel Here.

See you there! 😉

🔥📊 The Burn Chart

This chart represents monthly burns and helps us keep track of how much $SHIB token is being burned. It is important information that we want to bring to you.

You´ll see how much $SHIB token it´s being burned.