No Panic, Just Moving up Together, Top SHIB Exec Says

The marketing expert of the Shiba Inu developer team, famous among the community under the pseudonym Lucie, has addressed the global $SHIB army in light of the Shibarium hack that occurred in late 2025 to encourage $SHIB users and investors.

"No panic. Just moving up together"

Lucie rushed to assure the $SHIB community that despite the creation of the SOU NFTs (which stand for “Shib Owes You”), there is no distraction from the initial path of $SHIB and Shibarium. SOU was created in order to track the debt to users affected by the aforementioned hack and raise funds to compensate their losses.

Therefore, Lucie stated: “Different paths. Same direction.” She also ensured the community that there is “no panic” and “no rush” – $SHIB and SOU are “just moving up together.”

While the mysterious $SHIB ambassador (and formerly $SHIB lead) Shytoshi Kusama has remained silent for almost two months now (his last X post was spotted on Dec. 8), the lead developer, Kaal Dhairya, published an article at the start of 2026, revealing that all efforts of the $SHIB team will now be aimed at compensating Shibarium bridge exploit victims.

$SHIB burns skyrocket by 3,904%

Data revealed by the on-chain platform Shibburn shows a major increase in the $SHIB burns. The daily time frame of this metric has demonstrated a surge of 3,904.47% over the past 24 hours.

This was possible after the community transferred a total of 29,998,516 $SHIB meme coins to unspendable wallets. This impressive outcome was achieved thanks to two burn transactions — 28,000,000 and 1,576,200 $SHIB. While the latter was conducted eight hours ago, the former was made within the past hour.

Over the past four days, the 28,000,000 $SHIB was the largest single transfer made to an unspendable $SHIB wallet.

By now, according to the $SHIB burn website, 410,754,242,607,594 $SHIB have been burned since 2021. The majority of this amount was locked in a dead wallet by the Ethereum founder, Vitalik Buterin, after the mysterious creator of $SHIB, Ryoshi, transferred half of the initial quadrillion $SHIB to him. Buterin did not want to bear the responsibility of impacting the price, therefore, he preferred to get rid of that present.

A total of 585,407,373,755,234 $SHIB coins remain in circulation at the moment, and 3,838,383,637,171 $SHIB have been staked on various DeFi platforms.