Lucie, the marketing lead of the Shiba Inu ecosystem, confidently declares Shiba Inu, along with its companion tokens BONE and LEASH, to be completely secure. She shared this firm belief in a recent post on X, addressing individuals seeking advice on safe investment options. Lucie consistently recommended SHIB, BONE, and LEASH whenever she was approached with this query in the past week.
Shiba Inu has achieved significant milestones since its inception four years ago, eliminating five zeros from its price during this time frame. Highlighting its success and current market position, Ethereum researcher Justin Drake expressed his opinion that SHIB surpasses numerous meme coins on Solana in terms of quality.
Despite facing criticism, particularly from skeptics, Lucie’s recent statements aim to reinforce Shiba Inu’s credibility as a valuable investment option. She also tackled the doubts and fear, or FUD, surrounding the ecosystem team and its offerings, assuring supporters of SHIB’s durability and resilience. Quoting Winston Churchill, Lucie emphasized the importance of maintaining focus on progress rather than getting distracted.
The Shiba Inu ecosystem has been making significant strides towards establishing itself as a robust ecosystem, implementing various developments to strengthen its competitive position in the market. Some of the key advancements this year include the introduction of a forthcoming layer-3 blockchain, improvements to the existing layer-2 network Shibarium, and the launch of SHIBidentity. Additionally, the team has shifted the ecosystem DEX ShibaSwap to Shibarium and initiated the SHEboshis project.
Despite a slight 0.95% decline in the last 24 hours, the price of Shiba Inu currently hovers around $0.00002528, maintaining its position above the crucial $0.000025 mark. This stability could potentially present an opportunity for bullish investors to drive an upward trend. The Relative Strength Index (RSI) of 51.22 indicates a neutral market sentiment, suggesting that SHIB is neither overbought nor oversold, signaling a state of balance. However, the RSI also implies that there is room for further price growth in the future.
Disclaimer: This content serves purely informational purposes and should not be construed as financial advice. The opinions expressed in this article are the author’s own and do not necessarily reflect the views of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions, as The Crypto Basic holds no responsibility for any financial losses incurred.