Lucie’s Guidance on Crypto Security

The pseudonymous marketing lead of the SHIB team, known to the community as Lucie, has published a brief yet important guidance on how to maximize the security of holding your crypto.

Safety Warning from Lucie

In a tweet, Lucie shared two simple steps to help keep crypto holdings secure. The first step is to store coins in a cold wallet, which is disconnected from the Internet and less vulnerable to hackers.

The second step emphasizes the need for users to “act responsibly” when using cold wallets, assuring them that their digital assets will be safe. She reiterated, “BLOCKCHAIN – COLD WALLET — SAFETY.”

> Fun fact: There’s almost zero chance anything can happen to your tokens in a cold wallet — if you act responsibly.
> BLOCKCHAIN – COLD WALLET – SAFETY
> — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 21, 2025

Teasing Layer-3 Solution for SHIB

Lucie also mentioned her belief that decentralized finance (DeFi) is the future of finance and user independence. She argued that true financial independence cannot be found on centralized exchanges because it requires being free of centralized control.

Lucie criticized the current state of tokens traded on exchanges, stating that a significant majority (80%-90%) are “dead,” as traders often pursue hype and developers tend to engage in quick pump-and-dump schemes.

> I care about DeFi — that’s where the future is. We built Shibarium, and soon, L3 will enter the game.
> Financial independence isn’t found on exchanges — it’s about being 100% free from centralized control.
> Yet 80–90% of tokens are dead because people only chase hype.
> — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 21, 2025

She confirmed that the SHIB team is currently developing the layer-3 solution, which is expected to launch soon. Last year, Shytoshi Kusama raised $12 million for this project.

SHIB Burns Increase by 496%

According to a tweet by Shibburn, the SHIB community experienced a daily burn rate increase of 495.55% over the past 24 hours, facilitated by 14,052,230 SHIB tokens being sent to unspendable wallets in four transfers. The largest transfer involved 13,209,679 SHIB tokens, permanently removing them from circulation.