According to U.Today, Lucie, the official social media marketing expert of the Shiba Inu (SHIB) team, has recently addressed the current negative state of the cryptocurrency market. She also relayed a message from SHIB leader Shytoshi Kusama to the meme coin’s vast community. Lucie compared the current state of the cryptocurrency market to the gold rush that the U.S. experienced in the 19th century, highlighting the challenges and the presence of bad actors taking advantage of the situation and inexperienced investors.
She reminded the SHIB community that building a legacy takes time and not everyone will support the process of decentralization as it can be a painful process. Lucie also noted that while some may prefer to leave Shibarium, the efforts of the developers who work hard to embody their visions will eventually succeed.
In addition to her market analysis, Lucie quoted Shytoshi Kusama, who admitted to not being perfect but emphasized their collective effort to create something great.
In terms of market performance, SHIB has experienced a significant decline over the past week. Over the last 24 hours, the meme cryptocurrency has seen an 8.13% drop, falling from $0.00001815 to $0.00001675. Since June 16, Shiba Inu has lost 20.37% of its price, dropping from the $0.00002101 level to the current price line.
Lucie also shared a previous message from Shytoshi Kusama, who stated that the groundwork for their project has been laid and it is now time to build upon it. This was likely a reference to Shibarium and the layer-3 solution the SHIB team is currently working on after raising $12 million from major investors. Lucie expressed optimism about the future, stating that there is much more to come.
