Shiba Inu: Lucie’s Guide to Investing in Shibarium Projects
In her most recent post on X, Lucie, a prominent figure in the Shiba Inu ecosystem, has unveiled her five rules for investing in Shibarium projects. As a content marketing specialist, Lucie’s guidelines aim to inform potential investors about the factors they should consider before supporting projects building on the dedicated layer-2 blockchain.
Lucie emphasized that these policies are her own and do not reflect the official stance of the Shiba Inu development team. Her first rule focuses on the project’s commitment to burning SHIB tokens. Understanding how much SHIB a project burns is crucial to assess its impact on the ecosystem.
Another aspect Lucie takes into account is the project’s plan regarding the gas token of Shibarium, known as Bone ShibaSwap (BONE). Whether the project burns BONE or creates utilities around it plays a significant role in determining its attractiveness as an investment opportunity.
Lucie further underscores the importance of evaluating a project’s utilization of Doge Killer (LEASH), an additional token within the Shiba Inu ecosystem. Additionally, she examines whether the project has intentions to build within the Shiba Inu Metaverse, adding value to the ecosystem on a larger scale.
Lastly, Lucie considers the project’s previous positive contributions to Shibarium, evidence of its dedication to the ecosystem’s growth.
It is crucial to note that Lucie’s rules are not financial advice, and investors should exercise their own diligence before making investment decisions.
In addition to outlining these guidelines, Lucie mentions examples of projects that align with her newly unveiled policies. WoofSwap, a marketplace for Shibarium inscription tokens, is one such project that has contributed to burning SHIB tokens and is now burning BONE tokens through the DAMN meme coin initiative.
Lucie also mentions Shib Dream and Shib CoOp as projects actively contributing to the SHIB Metaverse.
Other projects Lucie endorses include K9 Finance, a liquidity staking platform for BONE; LumiBots, which promotes Shibarium adoption through active engagement; Mantra Protocol, Nest XNFT, and Shib CoOp, all playing a role in NFT adoption on Shibarium; and DEX MARSWAP, facilitating Shiboshis staking.
Lucie’s insights provide investors with valuable considerations when evaluating Shibarium projects, helping them make informed decisions within the Shiba Inu ecosystem.