Lucie, the marketing strategist for the team, has officially dismissed allegations that they are paying media outlets for continuous coverage of SHIB updates. Describing such claims as the “silliest stupid rumor about SHIB!” and emphasizing the point with a laughing emoji, Lucie firmly denied any involvement in paying for media attention.
According to Lucie, the media coverage of SHIB is mainly organic, with publications choosing to prioritize the project due to the high demand from readers. She added that even skeptics find the SHIB ecosystem undeniably attractive and therefore want to stay informed about its latest developments.
Read Also: Shiba Inu Team Urges SHIB Holders to Move Their Assets to Shibarium. Here’s why
Moreover, the marketing strategist sees the organic media coverage as an opportunity to generate greater public interest in Shiba Inu. Lucie recommends that every cryptocurrency investor consider holding at least 10 million SHIB since the spotlight on SHIB leads to increased demand, which ultimately drives adoption and growth.
The silliest stupid rumor about $SHIB! 😂
Some claim that articles are paid for – Not true!$SHIB gets mentioned because it's what people want to read. News portals thrive on clicks and engagement due to their ads. They won't cover projects no one's interested in.
The Shiba…
— 𝐋𝐔𝐂𝐈𝐄 | ✨Shibarium✨ (@LucieSHIB) September 21, 2023
Latest Developments Driving Interest in the SHIB Ecosystem
Despite the ongoing bear market in the cryptocurrency space, Shiba Inu has managed to maintain a strong social presence, thanks to several upgrades and features introduced by the project. One significant development is the recent launch of Shibarium, an Ethereum-based layer-2 network.
Read Also: Shiba Inu (SHIB) Price for October 1 Predicted by Machine Learning Algorithm
Within less than a month since its launch, Shibarium has processed an estimated three million transactions and attracted over two million new wallets. This achievement has also resulted in an increased number of staked BONE assets, as validators must accumulate and stake the token to process transactions and receive block rewards.
While these developments have yet to significantly impact the price of SHIB, which remains more than 91% below its previous all-time high, Lucie and the SHIB community remain optimistic. They believe that these upgrades will establish a solid foundation for the project to thrive once the bull market resumes.
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