SHIB Team Mystifies Community with Recent 4-Word Tweet

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As a seasoned crypto investor with a penchant for Shiba Inu and a knack for reading between the lines, I find Lucie’s tweet to be a subtle yet powerful reminder of the long game we’re all playing here. With my years of experience in this rollercoaster market, I’ve learned that patience is indeed a virtue when it comes to crypto investing.

The Shiba Inu marketing lead known under the pseudonym Lucie has addressed the SHIB army with an intriguing tweet, which raised a wave of positive comments from the community.

This tweet contains only four words and appears to serve as a motivational message. Despite not explicitly referencing any Shibarium update or specific project, it encourages SHIB supporters to remain patient, with the expectation that great times lie ahead for the Shiba Inu community.

Step by step

Patience

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) October 25, 2024

It seems this could be pointing towards a post published on a Friday, where Lucie expressed that the Shibu Inu (SHIB) system is experiencing an early phase of significant advancements.

Shibarium reaches new milestones

On Friday, Lucie highlighted some impressive achievements made by Shibarium, the layer-2 blockchain, in a recent post. Specifically, she pointed out that daily transactions spiked to an astonishing 4.77 million from 127,588 within merely two days.

Since the debut of Shibarium in August of last year, the total number of transactions has reached an impressive 435,711,744, as indicated by the Shibariumscan explorer. Moreover, the number of accounts on Shibarium has experienced substantial expansion, rising from 127,588 on October 21 to 171,199 on October 25. This represents a significant 34% growth in just four days.

Lucie confirmed that the SHIB team is currently engrossed in multiple critical initiatives concerning Shibarium and the broader SHIB environment, as a whole: “Everyone is putting in the effort, from the Shibarium projects to the Shibaswap Core Team!

SHIB burns soar 114%

Yesterday, the well-known Shibburn platform noted a significant surge of 114% in the burning rate of Shiba Inu tokens. This rise was facilitated by six separate transactions that together eliminated approximately 9 million Shiba Inu meme coins from circulation.

In simpler terms, the three largest transactions recorded involved 4,527,734, 3,577,935, and 1,918,753 SHIB coins being moved. Interestingly, these two large-scale transfers were initiated by a single sender who sent millions of Shiba Inu tokens to addresses on the blockchain that can no longer be accessed or spent.

On Friday, there was a significant drop in the price of Shiba Inu (SHIB), the second largest meme cryptocurrency. The price fell by 7.15%, reaching $0.00001656. This decline was particularly noticeable during a large hourly candle that caused SHIB to decrease by 3.56%.

Following that period, the asset’s price has slightly recouped some of its losses, increasing by approximately 2.2%. Currently, the meme coin is being traded at a value of $0.00001691 per unit.

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2024-10-26 13:22