News

Shiba Inu’s Positive Outlook Amid Stagnant Trend: SHIB is Not a Pump-and-Dump Scheme

  • Shiba Inu’s Lucie explains SHIB’s current price stagnation, citing the typical bearish trend before a halving event.
  • Shibarium, Shiba Inu’s L2 scaling solution, is expected to drive significant growth and value to the ecosystem.
  • Shiba Inu’s lead developer announces a ticket giveaway for LEASH holders to the Blockchain Futurist Conference.

Shiba Inu’s marketing specialist, Lucie, recently took to Twitter to shed light on the current stagnation of SHIB’s price. She explained that crypto prices typically experience a bearish trend about a year before a BTC $ 62,079.63 -1.14% halving event, which is expected to occur in April or May 2024. Despite the current low price, Lucie assured investors that good news would start popping up like fireworks in Autumn and Winter.

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Lucie also emphasized that the Shiba Inu ecosystem’s L2 scaling solution, Shibarium, is “not a pump-and-dump scheme.” She believes that Shibarium’s technological prowess can drive immense value and utility to Shiba Inu’s ecosystem tokens, including SHIB, LEASH, and BONE. The much-anticipated launch of Shibarium is expected to take place later this year, potentially at the Blockchain Futurist Conference.

In another exciting development, Shiba Inu’s community lead, Shytoshi Kusama, announced a ticket giveaway to the Blockchain Futurist Conference for LEASH holders. This giveaway offers LEASH holders a golden opportunity to participate in the highly anticipated conference free of charge. The giveaway includes 100 regular tickets and 2 VIP tickets.

Looking ahead, the future of Shiba Inu in the crypto space appears promising. The upcoming launch of Shibarium could potentially propel Shiba Inu’s ecosystem tokens to surge. As for SHIB’s future trading price, while it remains uncertain, the positive developments within the Shiba Inu network suggest a bright future.

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Antonella Martin

Antonella is a cryptocurrency and news writer who travels the world, finding inspiration in diverse cultures. She cherishes moments sitting on the beach, watching sunsets. Through her writing, Antonella explores the dynamic realm of cryptocurrency and delivers insightful news. Her work encapsulates both the excitement of finance and the serenity of nature's beauty.

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