According to U.Today, the social media marketing expert of the Shiba Inu (SHIB) team, known as Lucie, has shared a bullish message with the Shiba Inu community, predicting an upcoming altcoin season. Lucie believes that the imminent trading of spot Ethereum ETFs will positively impact not only Ethereum but also the price of SHIB. She shared a video advertisement by BlackRock for the spot Ethereum ETFs that its iShares fund is launching, commenting, “BlackRock drops Ethereum ETF video for investors.”

Lucie anticipates that the trading of 11 Ethereum ETFs on stock exchanges will gradually trigger an altcoin season, benefiting many altcoins, including Shibarium ecosystem tokens such as SHIB, BONE, LEASH, and SHEB. She tweeted, “THINK BIG – Altcoin season is coming,” expressing optimism about the future of these tokens.

Ethereum, launched in 2015 by Vitalik Buterin and other IT engineers, became the first platform for other cryptocurrencies and smart contracts, unlike Bitcoin, which was created by the mysterious Satoshi Nakamoto to be a decentralized P2P cryptocurrency. The expected massive capital inflows and wider acceptance of Ethereum by Wall Street are likely to positively impact the altcoin market, particularly leading altcoins like Shiba Inu (SHIB).

In related news, the Shibburn explorer has reported a significant increase in the removal of SHIB meme coins from the circulating supply over the last 24 hours. According to Shibburn, the SHIB community has successfully disposed of 60,380,203 SHIB, propelling the overall burn rate up by 482.88% compared to the previous day. Over the past week, 135,026,217 Shiba Inu meme coins have been destroyed. As of this writing, SHIB is trading at $0.00001731, following a minor decline earlier today.