Lucie, Head of Marketing for the Shiba Inu Ecosystem, believes that Shiba Inu and its BONE and LEASH ecosystem tokens are 100% safe.
Lucie made this claim in a recent post on X, noting that she disclosed it to people who asked her for advice on completely safe assets for investing. According to her, every time she received this question in the last week, she mentioned SHIB, BONE and LEASH.
Anyone who asked me last week what they should buy to be 100% confident in cryptocurrencies, I replied: “Buy $SHIB $BONE or $Leash.”
True story 🤗 nfa pic.twitter.com/3YepPZR1oj— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) June 6, 2024
Shiba Inu has come a long way since its launch four years ago, shaving five initial zeros off its price in that time. Calling attention to its success and current market position, Ethereum researcher Justin Drake stated that SHIB is of higher quality than the multiple meme coins on Solana.
Despite its success, the canine theme has not escaped criticism. Lucie’s latest comment is an attempt to reaffirm the Shiba Inu’s position as a worthy investment.
Also, Lucie recently addressed the criticism and FUD surrounding the ecosystem team and its products. He assured supporters of SHIB’s resilience, affirming its resilience in the midst of adversity. The ecosystem’s marketing manager quoted Winston Churchill to drive home his point. He emphasized the importance of focusing on progress rather than distractions.
Shiba Inu Developments and Market Position
Meanwhile, the ecosystem team has made significant progress towards transforming Shiba Inu into a robust ecosystem through multiple developments to solidify its position as a contender in the market.
Some of these developments this year to include an upcoming layer 3 blockchain, the enhancement of the existing Shibarium layer 2 network, and the introduction of SHIBidentity. Additionally, the team ported the ShibaSwap DEX ecosystem to Shibarium and launched the SHEboshis project.
In view of these developments, the Shiba Inu price is currently at $0.00002528, registering a marginal decline of 0.95% in the last 24 hours. Despite this, its position above the crucial $0.000025 territory could be exploited by the bulls for another attempt to initiate an uptrend.
Furthermore, the Relative Strength Index (RSI) stands at 51.22, reflecting neutral market sentiment. Shiba Inu appears to be neither overbought nor oversold, indicating a state of equilibrium. However, the current RSI shows that SHIB still has room for further price growth.
