- Lucie highlights DAMN’s burn mechanism boosting SHIB’s ecosystem.
- PIKA ensures fair presales with ERC-50 on Shibarium
- Lucie’s DAMN & PIKA reveal drives Shiba Inu’s price up 6.21%.
Shiba Inu’s Lucie shares crucial details regarding the Shibarium tokens DAMN and PIKA, attracting considerable attention within the crypto community. This comes amidst a notable upswing in Shiba Inu’s (SHIB) price, signalling potential recovery within the market.
Lucie’s post shed light on DAMN, also known as the Sol Killer, which has been gaining traction within Shiba Inu’s L2, Shibarium. This new meme coin distinguishes itself through innovative liquidity and token supply management techniques, particularly through deliberate burns, capturing the interest of crypto enthusiasts.
DAMN boasts a total supply of 69 billion coins, featuring a distinctive burning mechanism. Notably, each transaction involving DAMN results in the destruction of BONE, Shibarium’s gas token, thereby reducing the total supply of BONE tokens while potentially enhancing their value.
In a strategic partnership with WoofSwap, a decentralized exchange (DEX) on Shibarium, DAMN recently initiated an aggressive burn campaign. This campaign boosted its price, catapulting it among the top gainers on DEXTools, instilling a sense of optimism within the market.
PIKA – The “Pre-sale Killer”
Lucie also highlighted the PIKA Shibarium token, unveiling its key features that have garnered widespread attention among global crypto traders and investors.
PIKA, dubbed the Pre-sale Killer, is designed to automate token presales on the Shibarium network, ensuring fairness and security through its innovative ERC-50 protocol. The token’s smart contract autonomously manages token allocations, locks, and refunds, minimizing manual intervention and mitigating the risk of manipulation.
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Moreover, PIKA eliminates the need for admin keys, reducing the potential for unauthorized access and scams. Additionally, its liquidity pool management automatically adds and locks a portion of presale funds, enhancing market stability and investor confidence.
With a total supply of 50 billion tokens, PIKA’s allocation is evenly split between DAMN presale and liquidity enhancement, further solidifying its role within the Shibarium ecosystem.
Market Response and Shiba Inu Price Movement
Following Lucie’s insightful revelations, investor enthusiasm for Shiba Inu’s cryptographic ventures soared. Concurrently, Shiba Inu’s native token witnessed a notable 6.21% upswing over the past day, currently trading at $0.00002362. This surge aligns with the optimistic developments surrounding DAMN and PIKA, boosted by the broader market’s upward trend.
Lucie’s informative post on X regarding DAMN and PIKA Shibarium tokens has fueled optimism within the crypto community, contributing to the resurgence of Shiba Inu’s price amidst ongoing market recovery efforts.
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