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Shiba Inu

Shiba Inu Exec Says ‘I’m Confident In SHIB’, Here’s Why

Scott Matherson
by Scott Matherson
11 months ago
·
Posted in Shiba Inu
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Shiba Inu team has been one of the most active teams on social media, with marketing executive Lucie giving the community regular updates on the project. The team has also talked about their expectations for the Shiba Inu price at various times, especially as investors seem to be on the fence with the SHIB price decline. This time around, Lucie has stepped forward once again to reiterate her belief in the project and why she remains confident in SHIB.

Why Lucie Is Confident In SHIB

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

Related Reading: US Bitcoin ETFs See $300 Million Weekly Outflow After Three-Week Inflow

For the first reason, Lucie explains that it is because Shiba Inu will always make a comeback. She uses the analogy of the “friend who always bounces back no matter what,” pointing to SHIB’s resilience in the market. This is not farfetched given that the SHIB price had initially crashed over 80% following its initial launch in 2020 before going on to become a top 10, billion-dollar project in 2021.

Another reason that the marketing lead remains confident in the Shiba Inu project is the strong community. The SHIB Army has grown to become one of the top crypto communities in the industry. The project’s official X account alone boasts over 3.8 million followers and is regularly trending on the platform. This strong community is one of the major reasons the meme coin has been able to maintain its spot as a top 20 crypto project.

Last but not lead, Lucie points to the fact that the Shiba Inu project keeps evolving. Over the years, the SHIB project has gone from being a joke spinoff of the Dogecoin meme coin to becoming 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 Coming

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 expected to be held in Bangkok, Thailand, and will begin on November 9, spanning a total of one week to end on November 15, 2024.

Related Reading: Research Highlights Bitcoin And Crypto Stance As Important Factors In Upcoming US Elections

Tickets are already being sold for early birds who can secure their spot in conference early. It is the first major crypto conference to be held by a meme project, further boosting Shiba Inu’s standing among the heavy hitters in the industry.

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
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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