Lucie, the marketing lead for the Shiba Inu ecosystem, confidently asserts that Shiba Inu along with its ecosystem tokens BONE and LEASH are completely safe. She shared this belief in a recent post on X, where she revealed that she often recommends these assets to individuals seeking secure investment options.
Since its inception four years ago, Shiba Inu has made significant progress, shedding five zeros from its price and garnering attention for its success in the market. Renowned Ethereum researcher Justin Drake praised SHIB, stating that it holds more value compared to other meme coins on Solana.
Despite facing criticisms, Lucie’s recent statements aim to reinforce Shiba Inu’s standing as a valuable investment choice. She also addressed concerns and FUD surrounding the ecosystem team and its products, assuring supporters of SHIB’s resilience and quoting Winston Churchill to emphasize the importance of focusing on progress over distractions.
The Shiba Inu ecosystem team has been actively working on various developments to strengthen its position in the market, such as introducing an upcoming layer-3 blockchain, enhancing the existing Shibarium network, and launching SHIBidentity. Additionally, they have relocated the ShibaSwap DEX to Shibarium and initiated the SHEboshis project.
Despite a marginal decrease in price over the last 24 hours, Shiba Inu’s current price stands at $0.00002528, with the potential for bulls to drive an uptrend above the crucial $0.000025 mark. The Relative Strength Index (RSI) indicates a neutral market sentiment, suggesting that SHIB has room for further price growth.
It’s important to note that the information provided in this article is for informational purposes only and should not be construed as financial advice. Readers are advised to conduct thorough research before making any investment decisions. The opinions expressed are solely those of the author and do not represent the views of The Crypto Basic. Financial losses incurred are the sole responsibility of the individual investor.