Lucie, the Shiba Inu marketing executive, has shared a notable Shibarium post on X with members of the community, famously regarded as the ShibArmy. The post titled “Musings on Crypto from an Economic Perspective,” authored by Edward Salomons, details an overview of the crypto industry and SHIB in particular.
Strategic Partnerships and Shibarium Expansion
Notably, Salomons described his entry into the crypto world in early 2021 when Bitcoin traded at $32,000.
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) August 1, 2024
He explained that his initial investment into the sector commenced with $300 after learning of the astronomical rise in the price of BTC from a brother and alternative investor. Salomons’ brother had recorded massive profits from an investment made ten years ago and this spurred Salomons to buy Bitcoins, Ethereum and XRP.
However, the discovery of Shiba Inu in 2021 marked a pivotal shift for Salomons as he sold all previous holdings and invested them on the memecoin. He attributed the decision to his conviction of the vision for the asset after having read “I am Ryoshi.”
These included the ecosystem’s LEASH, BONE, TREAT, and SHIB meant to serve as a global exchange of value in a sustainable, decentralized, autonomous community.
Salomons strongly believes the Shiba Inu community has experienced exponential growth over the years due to its emphasis on strategic partnerships and collaborations.
He highlighted the Shibarium expansion, maintaining that as more projects incorporate this layer-2 SHIB solution, the better its utilization will become. These could range from swaps and tokens to NFT collections and services. This, Lucie admitted, is the ultimate recipe to massive growth.
Shibarium’s Milestone Signals Growing Demand
Shibarium, the layer-2 scaling solution of Shiba Inu recently achieved a significant milestone of reaching 6,018,526 in total blocks in about 1 year after it commenced operations. This new development is a sign of progressive growth for the SHIB ecosystem.
Besides confirming the smooth operation of the protocol, it also indicates that there is an increasing demand for scalable and efficient solutions linked to Shibarium. Meanwhile, the ShibArmy continues to hope for more expansion that will profit their investments.
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