As a seasoned researcher with years of experience in the cryptocurrency market, I’ve seen my fair share of bull runs and bear markets. The current price action of Shiba Inu (SHIB) might be causing some turbulence for investors, but I find it intriguing to see Lucie, the marketing lead of SHIB, express such optimism about its potential future growth.
At present, the path of Shiba Inu‘s price seems uncertain, yet passionate investors remain resilient. Notably, Lucie, a key figure in Shiba Inu’s marketing, shared an intriguing perspective on the meme coin’s possible growth. On a popular social media platform X, Lucie suggested that under ideal circumstances, Shiba Inu could experience a staggering 1000% price surge within just two to three days. This prediction has ignited enthusiasm within the Shiba Inu community.
Current Price Action Is Irrelevant
Lucie’s bold assertion of a massive Shiba Inu surge came hand-in-hand with her candid assessment of the token’s current price movement. In a recent post on the social media platform X, she reflected on the meme coin’s price trajectory while also acknowledging the challenges that SHIB holders are currently facing. However, she emphasized that the present downturn in price is relatively insignificant when considering the potential of Shiba Inu’s well-established ecosystem. Furthermore, she highlighted that the ecosystem continues to grow nevertheless.
The “price hurt” that Lucie referred to stems from the inconsistent price action that Shiba Inu has experienced over the past few weeks. The token has been on a rollercoaster ride, making it difficult to predict its future direction. Notably, SHIB recently went on a rally in the second half of September to reach a three-month peak of 0.00002133. However, it has since depreciated from this peak by about 20% at the time of writing.
Even with its fluctuations, Lucie remains optimistic that the Shiba Inu’s price could surge by an incredible 1,000% within just 2-3 business days.
What’s Next For SHIB Moving Forward?
Lucie’s comment on the price of SHIB seems to resonate well with members of the Shiba Inu community. However, she did clarify that it is based on just how she sees it and is not financial advice of any kind. The confidence in Shiba Inu’s future is fueled by the continuous development and expansion of the ecosystem, which includes continuous SHIB burns and projects like ShibaSwap, the Shibarium Layer 2 solution, and other altcoins.
Currently, Shiba Inu (SHIB) is being traded at approximately $0.0000171, and it has experienced a 2.77% decrease in the last 24 hours. But, it’s important to note that SHIB has also risen by 6.63% over the past week and an impressive 23.25% within the last month. If SHIB were to achieve a 10-fold increase within the next two to three days, its final price could potentially reach around $0.000190, setting a new all-time high.
It’s important to note that Lucie’s outlook doesn’t necessarily imply that the SHIB price will surge by 1,000% in the next two or three days. Just that the ecosystem has the potential to pull off such a move within that time period.
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2024-10-11 02:11