SHIB Marketing Expert Lucie Predicts 'Altcoin Season Coming' as Spot Ethereum ETFs Set to Start Trading

The social media marketing expert of the SHIB team, known to the community as Lucie, has published a tweet, in which she delivered a bullish altcoin

Social media marketing specialist for the SHIB team, who is known to the community as Lucie, posted a tweet to deliver a bullish altcoin message to the Shiba Inu army.

"Altcoin season coming."

Now that spot Ethereum ETFs are about to start trading, Lucie believes this will be good not only for Ethereum but also for the SHIB price.

Lucie shared a video advertisement made by BlackRock for the spot Ethereum ETFs that its iShares fund is launching. On this, Lucie commented, "BlackRock drops Ethereum ETF video for investors."

The marketing specialist for the SHIB team believes that after 11 Ethereum ETFs begin to trade later today on stock exchanges, this major event will slowly trigger an altcoin season, which will be good for many alts, including Shibarium ecosystem tokens SHIB, BONE, LEASH and SHEB. "THINK BIG - Altcoin season is coming," Lucie tweeted.

In other news, Ethereum, which was created in 2015 by Vitalik Buterin and other IT engineers, became the first launchpad platform for other cryptocurrencies and smart contracts, something that Bitcoin did not offer, as all the mysterious Satoshi Nakamoto wanted to achieve was to create a decentralized P2P cryptocurrency after the 2009 mortgage market crisis, which hit banks and the global financial system hard.

Hence, the mass expansion of Ethereum, its broader acceptance by Wall Street, expected massive capital inflows and then a corresponding price surge are likely to have a positive impact on the altcoin market - at least on leading altcoins, which include Shiba Inu (SHIB).

SHIB burn rate skyrockets

The Shibburn explorer has reported a significant increase in the removal of SHIB meme coins from the circulating supply in the last 24 hours. Shibburn tracks daily, weekly and monthly burns of Shiba Inu on its X account and website.

Over the last 24 hours, the SHIB community managed to burn 60,380,203 SHIB, according to this data source. These burns pushed the overall burn rate up by 482.88% compared to the previous day.

In terms of weekly burns, 135,026,217 Shiba Inu meme coins were destroyed in a virtual furnace in the past seven days. At the moment, SHIB is trading at $0.00001731, following a minor decrease earlier today.