CandleFocus

Shiba Inu Deployers Could Have Made $88M+ if SHIB Was on This Network

Author: Content Editor
The founder of Sonic, Andre Cronje, discussed the potential earnings that meme coin deployers could have made if their tokens had launched on the Sonic network. Specifically, Shiba Inu deployers could have earned over $88 million, while other meme coins like Pepe and Floki could have earned $5.8 million and $1.6 million, respectively. Sonic's gas monetization model, which offers developers up to 90% of gas fees generated by their projects, is responsible for these potential earnings. Sonic aims to provide developers with a more lucrative environment and is known for its high-speed transaction finality and scalability. The gas monetization feature makes Sonic attractive to decentralized app (dApp) developers as it rewards high-traffic projects with substantial financial returns. Some projects have chosen to build their own layer-2 solutions, while others opt for blockchains that share gas revenue like Sonic. The Shiba Inu ecosystem has already taken the first route by launching its own layer-2 network called Shibarium. However, it is unlikely that Shiba Inu would have realized the $88 million profit on Sonic, as the anonymous founder has chosen to leave the project in the hands of the community and disappear.

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