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Cryptocurrency News Articles
Shiba Inu Ecosystem Marketing Lead Lucie Considers SHIB, BONE, and LEASH to Be 100% Safe
Jun 07, 2024 at 08:35 pm
Shiba Inu has come a long way since its launch four years ago, having deleted five leading zeros from its price within this period.
Shiba Inu’s ecosystem marketing lead has disclosed her top picks for crypto assets that are “100% safe” for investments.
In a recent post on X, Lucie shared her strategy for responding to requests for recommendations on completely risk-free assets. According to her, whenever someone asked this question over the last week, she mentioned SHIB, BONE and LEASH.
“Whoever asked me in the past week what they should buy to be 100% safe in crypto, I said, ‘Buy $SHIB $BONE or $Leash .’
True story 🤗 nfa pic.twitter.com/3YepPZR1oj
— 𝐋𝐔𝐂𝐈E | SHIB.IO (@LucieSHIB) June 6, 2024
Her picks include Shiba Inu (SHIB), which has deleted five leading zeros from its price since launching four years ago. Ethereum researcher Justin Drake recently called attention to SHIB’s relative quality, asserting that it is higher than the multiple meme coins on Solana.
Despite its success, the canine-themed asset has faced some criticism. Lucie’s commentary appears to be an attempt to reaffirm Shiba Inu’s status as a worthwhile investment.
Moreover, Lucie recently addressed the criticisms and FUD surrounding the ecosystem team and its products. She asserted SHIB’s resilience, affirming its ability to endure adversities. To illustrate her point, the ecosystem marketing lead quoted Winston Churchill. She emphasized the importance of focusing on progress rather than distractions.
Shiba Inu Price Analysis: Poised for Uptrend?
Meanwhile, the ecosystem team has made significant progress toward transforming Shiba Inu into a robust ecosystem amid multiple developments to solidify its spot as a market contender.
Some of these developments this year include an upcoming layer-3 blockchain, enhancement of the existing layer-2 network Shibarium, and the introduction of SHIBidentity. In addition, the team has transitioned the ecosystem DEX ShibaSwap to Shibarium and launched the SHEboshis project.
Among these developments, the price of Shiba Inu currently experiences a marginal decrease of 0.95% over the last 24 hours, trading at $0.00002528. However, its position above the pivotal $0.000025 territory could be leveraged by the bulls for another attempt at setting up an uptrend.
Furthermore, the Relative Strength Index (RSI) stands at 51.22, reflecting a neutral market sentiment. Shiba Inu appears to be neither overbought nor oversold, indicating a state of equilibrium. Nevertheless, the current RSI shows SHIB still has room for further price growth.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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