LucieSHIB: Shiba Inu Ecosystem Outshines Competitors Amid Market Volatility

Shiba Inu's marketing lead, LucieSHIB, has recently responded to the increasing culture of comparing SHIB with other meme tokens like Dogecoin

Shiba Inu’s marketing lead has addressed the increasing practice of comparing SHIB with other meme tokens, highlighting the unfairness of such comparisons and encouraging attention to SHIB’s broader ecosystem.

LucieSHIB, Shiba Inu’s marketing lead, has recently addressed the growing trend of comparing SHIB with other meme tokens, such as Dogecoin, PEPE, and dogwifhat. According to Lucie, such comparisons are unfair and fail to capture the true value proposition of Shiba Inu.

Instead, she encourages the community to pay attention to SHIB’s ecosystem, which includes BONE, LEASH, and other tokens connected to the meme coin.

In her remarks, Lucie also shared statistics highlighting Shiba Inu’s significant price appreciation compared to other cryptocurrencies. Since its launch, SHIB has seen a 394,500% price surge, which is notably higher than DOGE and PEPE. While DOGE saw a 16,700% rise, PEPE saw a 12,173% hike.

Yes, I’ll laugh and think you’re foolish if you compare any token to SHIB with only the bare minimum achieved.

And yes, I believe you’re deceiving people by claiming a token is a success just because of “SHIB people behind it.”

If you’re looking for real assets tied to SHIB,… pic.twitter.com/PwVVGAMFTx

WIF came in third with a 303.59% return on investment. These figures align with Lucie’s argument that SHIB's value should not be judged solely on its meme coin status but rather on its ecosystem and potential for future growth.

The Shiba Inu executive also highlighted that SHIB's ecosystem is backed by tangible assets, including other tokens like BONE, LEASH, and the upcoming TREAT. She emphasized that these assets have practical utility for the SHIB community, rendering comparisons with other meme coins redundant.

Moreover, Lucie advised her followers to stay engaged with the Shiba Inu community as it unveils new projects like Shib the MV and Shiboshis.

Amidst Market Volatility, Focus on Shiba Inu Ecosystem Projects

Despite a recent surge in trading volume, SHIB, along with DOGE, PEPE, and WIF, experienced price declines over the past few days. However, at the time of writing, SHIB was valued at $0.0000129, showing a 0.64% increase over the last 24 hours.

PEPE and DOGE also saw a moderate recovery with price increases of 1.19% and 2.50%, respectively. In contrast, WIF faced a slight decrease of 0.26%.

In response to these market shifts, Lucie urged investors to prioritize long-term projects within the Shiba Inu ecosystem. The team is preparing to introduce TREAT, complementing other ecosystem assets like BONE and LEASH. She also cautioned against scammers impersonating developers offering fake token replacements for SHIB, and advised the community to remain vigilant, especially with the impending TREAT launch.

Shiba Inu Burn Campaign Heats Up with New Projects

The Shiba Inu burn campaign has seen a revival with a 1,664% increase in burn rate, largely attributed to a new crypto project called Living The Dream (LTD). It burned 250 million SHIB tokens in a single transaction.

Another instance of LTD's participation in the Shiba Inu burn was when the company burned 500 million SHIB tokens over two days.

🔥🧑‍🚒❤️‍🔥BURN BABY BURN❤️‍🔥👨‍🚒🔥

LTD takes great pride in burning ❤️‍🔥$SHIB 250,000,000 Burned

ܞ$LTD 1,000,000,000 Burned

As part of our promise to our community this is just another step for us and our Dream.

As a utility based project, we will continue to build.

Up next, our… pic.twitter.com/umueUVEqNw

According to Shibburn, a community-driven burn tracker, a total of 250.89 million SHIB tokens were burned within the last 24 hours. As a result, although burn activity increased, SHIB failed to gain a foothold above key levels.

Currently, over 41% of Shiba Inu’s initial 1 quadrillion token supply has been burned, leaving 583.45 trillion SHIB tokens in circulation. Notably, despite the Shiba Inu community burning tokens through various channels, the team's official burn portal, Shib Torch, has remained inactive.

The burn rate has not been reported to be high following the portal's launch, sparking concerns among the community regarding its effectiveness as burning activities continue to take place through