According to U.Today, the Shiba Inu (SHIB) team's social media marketing expert, known as Lucie, shared a bullish message with the Shiba Inu community, predicting an upcoming altcoin season. Lucie believes that the imminent trading of Ethereum spot ETFs will have a positive impact not only on Ethereum but also on the price of SHIB. She shared a BlackRock video announcement for Ethereum ETFs that its iShares fund is launching, commenting: “BlackRock launches 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 increased acceptance of Ethereum by Wall Street are likely to positively impact the altcoin market, particularly major altcoins like Shiba Inu (SHIB).
In related news, explorer Shibburn reported a significant increase in the removal of SHIB meme coins from the circulating supply over the past 24 hours. According to Shibburn, the SHIB community has successfully burned 60,380,203 SHIBs, boosting the overall burn rate by 482.88% compared to the previous day. Over the past week, 135,026,217 Shiba Inu meme coins have been destroyed. At the time of writing, SHIB is trading at $0.00001731, after a small drop today.$SHIB #SHİB #Shibalnu
