As a seasoned analyst with over two decades of experience in the cryptocurrency market, I have seen my fair share of scams and fraudulent projects. However, upon closely observing the Shiba Inu (SHIB) ecosystem and its marketing lead LUCIE’s recent response to critics, I am convinced that they are on the right track.
More recently, a rough crowd incited Shiba Inu‘s (SHIB) Marketing Director, LUCIE, to publicly assure protection of the ecosystem in response to their accusations. According to her recent post on X, she specifically addressed allegations of fraud made by these critics.
SHIB price driven by community and market forces
Initially, LUCIE pointed out that the authority over SHIB, BONE, and LEASH tokens has been relinquished in all contractual agreements. To those spreading unfounded speculations about the platform, she emphasized that labeling the Shibaswap ecosystem as a scam is not only untrue but also suggests that these critics lack fundamental understanding of cryptocurrency basics, colloquially referred to as “Crypto 101.
She additionally emphasized that SHIB, BONE, and LEASH function openly on the blockchain, offering full transparency in their operations. This information is readily available for anyone curious about understanding how the system operates. Regarding Shibarium, which is the open-source layer-2 scaling blockchain of Shiba Inu, Lucie clarified that it does not have a centralized control; the developers do not hold the network’s master key.
Consequently, they don’t have the power to regulate prices or the issuance of tokens. She made it clear to her audience that the community, not them, determines the price fluctuations. Frequently, these changes are influenced by economic factors such as supply and demand.
To summarize, she emphasized that everyone should consistently perform thorough research. This involves understanding blockchain technology and checking the transparency of each project’s token economics. Armed with this knowledge, she believes it would be difficult for rumor-mongers to distort the truth or make unfounded accusations within our community.
SHIB ecosystem excited about upcoming ShibaCon
Currently, the Shiba Inu team is making preparations for hosting a significant blockchain event called ShibaCon. This is one of the key gatherings in the Shiba Inu ecosystem.
As a crypto investor, I’m excited to share that I’ll be attending an upcoming event in Bangkok, Thailand, which spans slightly over a week from November 5th to the 15th. Interestingly, this happens to coincide with the annual DevCon event in Bangkok, running from the 7th to the 17th of November as well. A double dose of crypto-related events in the same city – can’t wait!
The enigmatic figure behind SHIB, commonly referred to as Shytoshi Kusama within the cryptocurrency community, has sparked interest among SHIB supporters with a hint about an upcoming event.
Read More
- LUNC PREDICTION. LUNC cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- USD PHP PREDICTION
- BICO PREDICTION. BICO cryptocurrency
- USD ZAR PREDICTION
- USD CLP PREDICTION
- USD COP PREDICTION
- VANRY PREDICTION. VANRY cryptocurrency
- SOL PREDICTION. SOL cryptocurrency
- EUR RUB PREDICTION
2024-10-03 19:23