The team behind the Shiba Inu ecosystem encourages investors to keep an open mind regarding the success of SHIB.

This comes after SHIB ended March 2022 with a slight surge of 0.43%. It suffered a decline of 9.65% in March 2023 but later made up for it.

The team behind the Shiba Inu ecosystem is encouraging investors to keep an open mind regarding the success of SHIB.

Lucie, Shiba Inu’s Marketing Lead, encouraged the community following the devastating collapse of crypto prices.

Notably, SHIB was not spared in the latest market downturn, with its price collapsing to a multi-month low of $0.00001228. Although Shiba Inu has experienced a slight increase to $0.00001270, the token is still down 61.51% from its December 5 peak value of around $0.000033.

Also, SHIB is currently down 85.65% from its previous all-time high of $0.008845. At the current price of $0.00001270, 85.23% of all blockchain addresses holding SHIB are currently in losses. These addresses hold a combined 839.23 trillion SHIB tokens, currently worth $10.66 billion.

On the contrary, 12.42% of all Shiba Inu addresses, with holdings of 122.34 trillion SHIB ($1.55 billion), are still in gains despite the latest decline. Additionally, the remaining 2.34% addresses, holding 23.09 trillion SHIB tokens, are neither making profits nor losing money at the current price.

Lucie Encourages Investors

With most SHIB investors in losses, Lucie sends some words of encouragement, noting that SHIB will succeed.

The message conveys unwavering optimism that despite the recent market fluctuations leading to SHIB’s price decline, the token is destined for success.

Despite not revealing the factors fueling her optimism, Lucie has remained a firm believer in Shiba Inu. She believes that the numerous projects within the ecosystem will drive SHIB’s adoption, potentially pushing the price to lofty targets like $0.01 in the long term.

Her confidence stems from the team’s unending effort to transition the cryptocurrency from a meme coin to a utility token through projects such as Shibarium, ShibaSwap, SHIB: The Metaverse, Shiba Inu games, and Shib Marketplace, among others.

The team is pushing for a Shiba Inu ETF launch in the United States, potentially exposing institutional investors to SHIB’s price action. Also, Lucie expects the United States government to include SHIB in the country’s strategic crypto reserve.

This move would expand Shiba Inu’s credibility globally. Hence, other countries might follow suit and adopt SHIB as a reserve asset.

Shiba Inu Could See Double-Digit Gains By Month-End

In the meantime, SHIB is down 10.42% over the past 24 hours and 6.38% in the past week. Despite the plunge, data from CryptoRank suggests that Shiba Inu could finish this month with a double-digit gain.

At the moment, Shiba Inu boasts an average growth rate of 31.7% for the month of March. This comes after SHIB ended March 2022 with a slight surge of 0.43%.

It suffered a decline of 9.65% in March 2023 but later made up for it with an outstanding surge of 145.2% the following year. However, just four days into March 2025, SHIB’s price is already down 8.56%.

It is worth noting that an asset’s past performance does not guarantee its future price movement. Therefore, investors must tread carefully when investing in crypto assets like SHIB.