segunda-feira, novembro 25, 2024
HomeAltcoinShiba Inu's LUCIE Spotlights SHIB's Market Resiliency, Price Rally Ahead?

Shiba Inu’s LUCIE Spotlights SHIB’s Market Resiliency, Price Rally Ahead?


In a bid to instill a burst of optimism, Shiba Inu’s advertising and marketing lead LUCIE lately took to a put up on X, drawing consideration to SHIB’s appreciable market resiliency over the previous two years. Notably, rising amidst the token’s latest worth correction, this put up by LUCIE gained vital traction, reassuring merchants of an crucial worth rally forward.

Here’s a better have a look at Shiba Inu’s advertising and marketing lead’s put up, which seems to have triggered a way of frenzy amongst traders throughout the worldwide crypto realm.

LUCIE Optimistic on SHIB Despite Market Corrections

According to LUCIE’s latest put up on X, SHIB has upheld its rating by international market cap for over two years now, regardless of investor skepticism and bearish market traits. Shiba Inu ranks eleventh by international market cap, per CoinMarketCap’s data, as additionally spotlighted by LUCIE. This doubtlessly paves the way in which for ‘nothing but an upward trajectory,’ LUCIE added, injecting a touch of bullishness into the token.

Meanwhile, Shiba Inu’s resiliency additional rides an optimistic tide because it underscores bulls providing assist to the token, cushioning its rating from taking a fall out there. LUCIE added that “this is not just a trendy meme that will be abandoned by degens at the first sight of a new trend,” suggesting that folks actively take part in bringing out developments for the SHIB group. This falls according to the outstanding resiliency SHIB showcased over the previous two years, with the group’s outstanding cryptographic ventures and phenomenal SHIB token-burning sagas additional weighing in.

The advertising and marketing lead moreover acknowledged that the token’s worth is ‘irrelevant at this point in the market,’ pointing towards SHIB’s notable correction witnessed forward of the BTC halving. This assertion is primarily attributed to altcoins mimicking Bitcoin’s worth motion pre & post-halving, with the BTC token presently experiencing pre-halving retracement.

Also Read: Ex-Coinbase Exec Nana Murugesan Joins zkSync Developer Matter Labs As President

Shiba Inu Price Slips

As of writing, the Shiba Inu token jotted down a fall of two.97% previously 24 hours and is presently buying and selling at $0.00002176. The token’s correction over the previous seven days has piqued substantial investor consideration, with the value plunging 22.60%.

Coming in tandem with this worth correction, LUCIE’s put up ignited a frenzy, birthing speculations over an imminent pump for the token. Further, historic knowledge means that altcoins comply with Bitcoin’s upsurge post-halving, including to the optimism orbiting a potential rally for Shiba Inu forward.

Also Read: Bitcoin’s L2 Merlin Chain Unleashes Half of MERL Airdrop Tokens at TGE

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