Shiba Inu Team Ditches Concern Over SHIB Price Fall !!!!!!!!
Amid the ongoing topsy-turvy scenario in the broader cryptocurrency market, Lucie, the market lead for Shiba Inu, has emerged with a reassuring stance. Notably, despite widespread unease over the plummeting prices in the digital asset sector, Lucie’s recent remarks have injected a dose of optimism into the SHIB community.
So, let’s take a look at the potential reason that might have triggered the recent market sell-off according to Lucie.
Shiba Inu Team Optimistic Despite Market Turmoil
The recent comment from the Shiba Inu market lead amid the recent crypto market selloff has captured the attention of both crypto enthusiasts and the Shiba Inu community. Addressing concerns of a potential sell-off, Lucie expressed a steadfast belief in the market’s resilience.
the Shiba Inu exec stated:
Dips and dumps will happen even in a bull market, especially before the Hong Kong ETF or any other ETF comes into play.”
This reflects her confidence in the forthcoming developments in the cryptocurrency landscape, particularly with the anticipation surrounding the approval of Spot Bitcoin and Ethereum ETFs in Hong Kong.
Besides, the outlook underscores the cyclic nature of market fluctuations and the strategic positioning of corporations and whales aiming to capitalize on buying opportunities. With the imminent approval of ETFs in Hong Kong, mirroring the success witnessed with U.S. Spot Bitcoin ETFs, the Shiba Inu team’s perspective provides a reassuring narrative amid the current market volatility.
In addition, her mention of the “SUPER CYCLE” hints at the broader trajectory she envisions for the crypto market, despite short-term fluctuations.
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