SHIB Team Sounds Alarm on Crypto Safety, Teases L3 Blockchain Launch as Burn Rate Explodes

Shiba Inu Sees Whale Inflows Followed by 73% Price Collapse

The Shiba Inu (SHIB) ecosystem is buzzing with activity as the project’s marketing lead, Lucie, issued a critical security reminder to the community while also hinting at a major upcoming upgrade to the network. In a series of posts on X (formerly Twitter), Lucie emphasized the importance of cold wallet security and offered insight into the SHIB team’s ongoing development of a Layer-3 (L3) blockchain solution.

Lucie Warns SHIB Holders: Protect Your Crypto

In a tweet earlier today, Lucie delivered a simple yet vital message to SHIB holders: store your crypto in a cold wallet and act responsibly. Being offline, cold wallets offer far greater protection against hacks and cyberattacks than hot wallets connected to the internet.

She stressed that just owning a cold wallet isn’t enough. Users must handle their crypto carefully, as lapses in judgment can still lead to compromised assets. Summing it up succinctly, Lucie wrote:

“BLOCKCHAIN – COLD WALLET — SAFETY.”

This warning comes at a time when crypto-related scams and hacks remain rampant across the industry. The SHIB team hopes to protect its growing community by promoting offline storage and personal accountability.

SHIB’s Layer-3 Blockchain Is Coming

Lucie also used her platform to tease one of SHIB’s most ambitious developments yet—the upcoming Layer-3 blockchain, designed to enhance the network’s scalability and utility. Although she didn’t provide an exact launch date, Lucie confirmed that the team is actively building the solution and stated:

“Soon, L3 will enter the game.”

This aligns with past reports from SHIB developer Shytoshi Kusama, who raised $12 million in 2024 to help build the new L3 infrastructure. The upgrade could be key in separating SHIB from the meme coin category and positioning it as a serious player in decentralized finance (DeFi).

Related article: Shiba Inu Burn Rate Skyrockets 857%: Can It Boost SHIB’s Price?

Centralized Exchanges Can’t Offer Real Freedom, Says Lucie

Lucie also weighed in on the broader crypto landscape, voicing concerns about centralized exchanges. In her view, true financial freedom and sustainability lie in DeFi, not in platforms that prioritize short-term hype.

She argued that 80%–90% of tokens listed on centralized exchanges are “dead” projects driven by quick pump-and-dump tactics. According to her, utility—not hype—will sustain a token long-term, and centralized listings serve only as short-term visibility boosts.

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Olasunkanmi Abudu

Olasunkanmi Abudu is a Web3 content writer with over five years of experience covering blockchain, decentralized finance, and digital assets. He specializes in producing well-researched and accessible content that explains complex technologies and market trends to both general readers and industry professionals.

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