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Home»Bitcoin»Shiba Inu Exec Says “I’m Confident in SHIB”, Here’s Why
Bitcoin

Shiba Inu Exec Says “I’m Confident in SHIB”, Here’s Why

October 7, 2024No Comments
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The Shiba Inu team has been one of the most active teams on social media, with Marketing Manager Lucie regularly giving the community updates on the project. The team has also spoken about their expectations for the Shiba Inu price on several occasions, especially as investors appear to be on edge over the falling SHIB price. This time, Lucie came forward again to reiterate her confidence in the project and why she remains confident in SHIB.

Why Lucie trusts SHIB

In an X post, Lucie boldly stated that she continues to be very confident in the Shiba Inu project. The marketing executive who has so far collected more than 145,000 projects during her work with the SHIB project gave a number of reasons why she remains confident in Shiba Inu and its future.

For the first reason, Lucie explains that it is because the Shiba Inu will always make a comeback. She uses the analogy of “the friend who always bounces back no matter what,” highlighting SHIB’s resilience in the market. This is not an exaggeration considering that SHIB’s price initially crashed by over 80% after its initial launch in 2020 before becoming one of the top 10 billion dollar projects in 2021.

Another reason why the marketing manager remains confident in the Shiba Inu project is the strong community. The SHIB Army has become one of the leading crypto communities in the industry. The project’s official X account alone has more than 3.8 million followers and is regularly trending on the platform. This strong community is one of the main reasons why the meme coin has been able to maintain its place among the top 20 crypto projects.

Finally, Lucie emphasizes that the Shiba Inu project continues to evolve. Over the years, the SHIB project has evolved from a joke spin-off of the Dogecoin Coin meme to a serious project with its own Ethereum Layer 2 blockchain, a game, and its own metaverse on the way.

The first Shiba Inu conference is approaching

Another major development that continues to put Shiba Inu in the spotlight is the announcement of its own crypto conference. The Shiba Inu conference called “ShibaCon” is scheduled to be held in Bangkok, Thailand and will begin on November 9, spanning a week in total and ending on November 15, 2024.

Tickets are already sold out for early birds who can secure their place at the conference early. This is the first major crypto conference hosted by a meme project, further cementing Shiba Inu’s position among the industry’s heavyweights.

Shiba Inu Price Chart from Tradingview.com
SHIB price shows bullish strength | Source: SHIBUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com



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