Crucial FUD and Shytoshi Warning Issued by SHIB Team

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As a researcher and observer of the crypto world, I find myself deeply moved by the recent words of Lucie, the marketing expert behind Shiba Inu. Her harrowing experience with a severe reaction to antibiotics serves as a stark reminder that life is fragile and precious. Yet, even in the face of such adversity, she takes to Twitter to remind us all about the importance of unity, empathy, and understanding within our crypto community.

The pseudonymous Shiba Inu marketing expert known to the crypto community as Lucie has addressed the SHIB army about the current state of the crypto market, as well as the FUD and insults the team has been hearing from users recently, including threats against Shytoshi Kusama.

“Stop the FUD,” Lucie says

Lucie tweeted that the cryptocurrency market remains disappointing, and the whole community is waiting for “a shift in the mood.” She asked the SHIB army to stop “the unnecessary insults and FUD.” “The market is way bigger than any of us,” SHIB’s marketing lead added.

Hello there! It’s amazing how fast days seem to blur together. Last Friday, I had a close brush with mortality due to a severe allergic reaction to antibiotics following a minor operation, which resulted in a blood infection. It was a 14-hour rollercoaster ride, and even though I’m not telling you this for sympathy, it definitely left an impact on me. Life…— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) October 11, 2024

Lucie emphasized to the Shiba Inu community that the Shiba Inu development team is diligently working on groundbreaking technology. Although the SHIB‘s price is currently low, the executive pointed out that it is primarily influenced by the holders and market demand. She highlighted that market demand plays a crucial role, implying that the movement of tokens within the Shiba Inu ecosystem is largely determined by market fluctuations.

In a similar vein, Lucie urged the community to cease delivering reprimands and menaces towards SHIB‘s leader, Shytoshi Kusama. “Are you aware of how cryptocurrency functions?” she inquired, suggesting that they should instead concentrate on what holds significance.

Important Web3 warning from SHIB team

In the same X post, Lucie also issued a warning to the whole Shiba Inu community: “Also, a quick warning to stay safe on Web3.” She strongly recommended that crypto users be “extremely cautious” as they meet anyone online and feel like trusting them.

She reminded that while the cryptocurrency space is exciting, there are still many risks in it. “So protect yourself and always be careful!” she concluded.

SHIB price up 5.4%

After a significant drop of approximately 13.12% between October 7th and the day before yesterday, causing SHIB, the second-largest meme cryptocurrency, to plummet from $0.00001870 to $0.00001625, it has now started to bounce back.

Over the last day, SHIB has seen a recovery of around 5.4%, and it’s currently being traded at roughly $0.00001714.

Over the last 24 hours, based on the Shibburn tracker, the daily burn rate of SHIB tokens has decreased by approximately 52%. As a result, about 1,200,480 SHIB coins have been removed from circulation, aiming to make the Shiba Inu supply smaller over time. Ideally, this could contribute to an increase in the token’s price in the future.

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2024-10-11 17:30