The official marketing lead of the Shibuya INU team, known by the pseudonym Lucy, addressed the community on several issues in one X-thread. Among them were claims that Shib overtook Dogecoin as “people coins,” developer resistance based on shivaraium, and new ways to burn coins in range.
New ways to burn shibucoin
In the X-thread, Lucy said that many projects are building something on Shiba Inu and Shibarium, but “so far there’s almost no Shib-only mode.” This is why, she stresses, that building new products costs money.
Lucy admitted that unlike other blockchains (such as Ethereum and Cardano), there is no specific Shiv Treasury Department to fund new developments. So, “SHIB’s products need to generate their own revenue before they can actually build them.” Siv Marketing leads also shared what she believes is the only realistic approach to creating something on the blockchain. It’s a “clear vision and solid execution.”
Everyone talks about building for Shiv, but so far, few have been specifically made for Shiv.
The reason is simple: it costs money to build.
There is no direct access to Shiv’s supply and no dedicated Shiv’s Treasury to fund development. Products for SHIB need to be produced…
– 𝐋𝐔𝐂𝐈𝐄 (@lucieshib) August 9, 2025
According to her tweet, one way to get Shiv is to play a game developed by the Shiv Team. Another positive outcome of playing them is that this helps to burn the Shibucoin. “Sibarium burns shivs in every transaction and can use shivs to play in those games and win.”
Is Shibu overtaken Dogecoin as “People’s Coin”?
Lucy also insisted that Shiv “shiv will always be a coin for people.” Previously, Elon Musk, a high-tech entrepreneur and the world’s wealthiest person, gave Dogecoin a similar definition when he said he was better than Bitcoin in a better design for payments. Musk called Doji “the currency of the people.”
Now released in 2013 and becoming the first ever meme coin, Doge is the eighth spot on CoinmarketCap with a market capitalization of $35.4 billion. As for Shiba Inu, it has recently fallen into a 22D spot on the same scale, with a market capitalization of $7.9 billion.