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In a bid to spice up market optimism, Shiba Inu’s advertising lead Lucie not too long ago took to a submit on X, sharing very important insights on Shibarium tokens DAMN’ aka the Sol-killer, and ‘PIKA,’ often known as the Pre-sale Killer. The submit shared by Lucie, coming amid the crypto market’s rebound, piqued substantial investor consideration because it fueled a way of optimism on Shina Inu’s cryptographic enterprise. Here’s a more in-depth look into the insights revealed on DAMN and PIKA Shibarium tokens:
DAMN- The SOL Killer
According to Lucie’s submit on X, DAMN, often known as Sol Killer, has been making strides inside Shiba Inu’s L2, Shibarium, ever since its latest inception into the crypto realm. The new meme coin primarily stood out attributable to its modern technique for dealing with liquidity and token provide by means of deliberate burns, nabbing vital consideration amongst crypto market contributors.
DAMN boasted a complete provide of 69 billion cash, with the token’s distinctive function being its burning mechanism. Notably, the DAMN burn mechanism destroys BONE, Shibarium’s fuel token, in every transaction, decreasing the full BONE token’s provide, whereas additionally doubtlessly growing its worth.
Whereas, aligning with the partnership with WoofSwap, a DEX on Shibarium, DAMN not too long ago launched an aggressive burn marketing campaign that considerably boosted its worth inside a day, rating it among the many high gainers on DEXTools.
This collectively added a touch of market optimism to the DAMN token, coming attributed primarily to Lucie’s submit.
Overview of $DAMN Sol Killer: #Shibarium’s Rising Memecoin
Introduction
DAMN Sol Killer (DAMN) is making vital strides within the cryptocurrency world, notably throughout the #Shibarium, Shiba Inu’s Layer-2 community. This new memecoin stands out with its modern method… pic.twitter.com/oZG1nXAy3w
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼♀️ (@LucieSHIB) April 15, 2024
PIKA- The “Pre-sale Killer”
In addition, Shiba Inu’s advertising lead additionally spotlighted the PIKA Shibarium token, unraveling key options that garnered vital consideration amongst crypto market merchants and buyers globally.
PIKA, the Pre-sale killer, is tailor-made to automate token presales on the Shibarium community, assuring ‘fairness and security’ by means of its modern ERC-50 protocol. The token’s good contract mechanically handles “token allocations, locks, and refunds, minimizing manual intervention and the risk of manipulation.”
Further, it eradicates the necessity for admin keys, decreasing the potential for unauthorized entry and scams. Moreover, the token’s liquidity pool administration mechanically provides and locks a portion of presale funds to the liquidity pool, jacking up market stability and investor confidence.
PIKA boasts a complete provide of fifty billion tokens, with its allocation being 50% to DAMN presale and 50% to reinforce liquidity.
This, coupled with the abovementioned Sol Killer chronicle, propelled immense investor enthusiasm for Shiba Inu’s cryptographic enterprise. Meanwhile, Shiba Inu, the dog-based meme token, itself famous exceptional beneficial properties prior to now 24 hours.
Also Read: Hong Kong Regulator SFC Approves Spot Bitcoin ETF and Ethereum ETF
Shiba Inu Price Jumps
The Shiba Inu token famous a 4.21% upswing over the previous day and is at present buying and selling at $0.00002366. This surge within the meme token’s worth falls consistent with the abovementioned optimistic developments, additional escorted by the broader uptrend out there as costs witnessed a rebound at present.
Also Read: Solana Releases v1.17.31 Mainnet Update to Fix Congestion, Price & OI Jumps
The introduced content material could embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty to your private monetary loss.
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